Average Rent in 10016, New York, NY

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Current Versus Historical 10016, New York, NY Rents

10016 rentals average $3,950 for a studio rental to $10,373 for a 4-bedroom rental. The median price of all currently available listings is $5,400, or roughly $95 per square feet.
For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $289 (7.90%) year-over-year from $3,658 to $3,948. 1-bedroom rentals prices have increased by $725 (16.16%) year-over-year from $4,485 to $5,210. 2-bedroom rentals prices have increased by $781 (13.32%) year-over-year from $5,860 to $6,640. 3-bedroom rentals prices have increased by $484 (5.96%) year-over-year from $8,117 to $8,601. 4-bedroom rentals prices have increased by $545 (5.55%) year-over-year from $9,830 to $10,375. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.24% this month. 1-bedroom rents have gone up by 2.12% this month. 2-bedroom rents have gone down by 2.45% this month. 3-bedroom rents have gone down by 2.22% this month. 4-bedroom rents have gone up by 0.90% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $98.75 $3,948 $3,658 (7.90%) $3,425 (15.25%)
1 BR $92.32 $5,210 $4,485 (16.16%) $4,215 (23.61%)
2 BR $94.23 $6,640 $5,860 (13.32%) $5,420 (22.51%)
3 BR $98.34 $8,601 $8,117 (5.96%) $7,541 (14.06%)
4+ BR $88.74 $10,375 $9,830 (5.55%) $10,230 (1.42%)

Historical Rents in 10016, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 10016

There are a total of 31 cities nearby 10016. The average rent in 10016 is currently $2,980 per month. A total of 28 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near 10016, New York, NY is Westport, CT. Monthly rents here are on average $9,500 per month.

Let's compare 10016, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in 10016, New York, NY is 54.43% more expensive than other cities nearby. One bedrooms are about 54.81% more expensive. Two bedrooms in 10016, New York, NY are about 54.75% more expensive. Finally, rent for three bedrooms are about 59.88% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near 10016, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Kearny, NJ N/A $1,700 $2,300 $2,225
Newark, NJ $2,550 $1,750 $2,000 $2,325
Hackensack, NJ $1,698 $1,910 $2,700 $2,475
Bayonne, NJ $1,800 $2,277 $3,199 $2,499
Jersey City, NJ $3,016 $2,550 $2,250 $2,500
Cliffside Park, NJ N/A $2,375 $3,400 $3,000
Fort Lee, NJ $1,725 $2,445 $3,025 $3,023
Palisades Park, NJ $1,700 $1,875 $2,575 $3,300
Edgewater, NJ N/A $3,000 $4,750 $4,000
New York, NY $3,875 $4,767 $6,350 $4,995

Top Neighborhoods Near 10016

There are a total of 68 neighborhoods in or near 10016. Some of these neighborhoods include Bedford-Stuyvesant, Crown Heights, and Bushwick. We've included the top 30 neighborhoods out of 68 total neighborhoods in or near 10016, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near 10016, New York, NY is currently around $4,689 per month. A total of 45 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 10016's average rent, which is actually $5,400. Out of all the neighborhoods in or near 10016, East Side has the most affordable average rent at $2,000 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near 10016. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bedford-Stuyvesant, New York, NY $3,225 $3,395 $4,225 $3,600
Crown Heights, New York, NY $2,968 $3,478 $4,644 $3,800
Bushwick, New York, NY $3,124 $3,743 $3,895 $3,950
Harlem, New York, NY $2,950 $3,200 $3,700 $3,989
East Harlem, New York, NY $3,355 $3,698 $3,495 $3,995
Greenpoint, New York, NY $3,690 $4,561 $7,000 $4,500
Downtown Brooklyn, New York, NY $3,563 $4,395 $6,475 $4,508
Prospect Heights, New York, NY $3,638 $4,395 $5,300 $4,524
Long Island City, New York, NY $3,694 $4,528 $6,646 $4,613
Hell's Kitchen, New York, NY $3,770 $4,800 $6,200 $4,995
Murray Hill, New York, NY $3,925 $5,300 $7,547 $5,000
Midtown, New York, NY $4,000 $4,876 $7,495 $5,000
Midtown South, New York, NY $4,019 $5,000 $7,600 $5,074
Financial District, New York, NY $4,150 $5,442 $7,718 $5,230
Williamsburg, New York, NY $4,011 $5,022 $5,686 $5,250
Upper East Side, New York, NY $3,450 $4,750 $8,150 $5,300
Midtown East, New York, NY $3,900 $5,000 $7,400 $5,300
Kips Bay, New York, NY $3,820 $4,633 $5,765 $5,475
Upper West Side, New York, NY $3,500 $5,100 $7,792 $5,523
Hudson Yards, New York, NY $4,370 $5,613 $7,995 $5,695
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $5,383 $6,225 $5,887
East Village, New York, NY $3,495 $4,295 $5,995 $5,995
Lower East Side, New York, NY $4,589 $4,495 $7,695 $5,995
West Village, New York, NY $5,000 $5,575 $6,995 $5,995
Chelsea, New York, NY $4,500 $6,295 $10,095 $6,095
NoMad, New York, NY $4,495 $5,828 $8,498 $6,183
Greenwich Village, New York, NY $4,995 $6,450 $11,795 $6,450
Gramercy Park, New York, NY $4,600 $6,600 $7,300 $6,600
NoLita, New York, NY $22,000 $4,995 $7,895 $7,895
Tribeca, New York, NY $5,999 $6,750 $8,295 $7,895

Top Counties Near 10016

There are a total of 39 counties located by 10016, New York, NY. Some of these counties include Kearny, NJ, Bayonne, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,023. That's roughly around $36 per sqft. A total of 38 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,100. Vice versa, with an average rent of $5,495, Manhattan, New York, NY is the most expensive county by 10016, New York, NY.

Typically, rent for studios in 10016, New York, NY is 49.37% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 10016, New York, NY is 52.98% more expensive than other counties nearby. Finally, rent for two bedrooms in 10016, New York, NY is 51.75% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Kearny, NJ N/A $1,700 $2,300 $2,225
Bayonne, NJ $1,800 $2,277 $3,199 $2,499
Jersey City, NJ $3,016 $2,550 $2,250 $2,500
Cliffside Park, NJ N/A $2,375 $3,400 $3,000
Fort Lee, NJ $1,725 $2,445 $3,025 $3,023
Palisades Park, NJ $1,700 $1,875 $2,575 $3,300
Queens, New York, NY $3,435 $3,745 $4,305 $3,795
Edgewater, NJ N/A $3,000 $4,750 $4,000
Brooklyn, New York, NY $3,550 $4,116 $5,016 $4,200
Manhattan, New York, NY $4,014 $5,250 $7,185 $5,495

Top Zipcodes Near 10016

There are a total of 50 zipcodes in or near 10016, New York, NY. The average rent for all of these zipcodes is $5,050. A total of 31 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10031, New York, NY at $3,150 per month. In comparison, the zipcode with the most expensive average rent of $7,850 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,680. That's at least $95 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 10016, New York, NY is $4,750 per month. Or in other words, $87 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,653 per month. Which comes out to $82 per sqft. The following table includes the top 10 zipcodes in 10016, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10019, New York, NY $3,830 $4,850 $6,995 $5,030
10003, New York, NY $4,500 $5,930 $6,995 $5,995
10009, New York, NY $3,099 $4,875 $5,995 $5,795
10036, New York, NY $3,825 $5,395 $7,195 $5,555
10017, New York, NY $3,800 $5,175 $10,735 $5,175
11101, New York, NY $3,694 $4,543 $6,575 $4,675
10022, New York, NY $4,000 $4,963 $7,300 $6,100
10038, New York, NY $4,150 $5,450 $7,925 $5,406
10001, New York, NY $4,545 $5,895 $9,541 $5,880
10011, New York, NY $4,400 $5,995 $7,775 $6,300

Frequently Asked Questions - 10016 Average Rents

What is the average rent price in 10016, New York, NY?
The average monthly rental price for 10016, New York, NY apartments for rent is approximately $5,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 10016, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 10016, New York, NY.
How much is a studio apartment in 10016, New York, NY?
The average monthly rental price for studio apartments is $3,950 and an average price per square feet of $98.75. There are a total of 574 studio apartment listings currently available for rent in 10016.
How much is a one bedroom apartment in 10016, New York, NY?
The average monthly rental price for one bedroom apartments is $5,200 and an average price per square feet of $92.32. There are a total of 862 one bedroom apartment listings currently available for rent in 10016.
How much is a two bedroom apartment in 10016, New York, NY?
The average monthly rental price for two bedroom apartments is $6,630 and an average price per square feet of $94.23. There are a total of 551 two bedroom apartment listings currently available for rent in 10016.
How have rent prices in 10016, New York, NY changed this year?
Rent prices for rentals in 10016, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.13%, three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 10016, New York, NY?
A reasonable rent price in 10016, New York, NY is around $4,320/month. You can search for these reasonably priced rental listings on RentHop.