Average Rent in 10031, New York, NY

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Current Versus Historical 10031, New York, NY Rents

10031 rentals average $2,663 for a studio rental to $4,300 for a 4-bedroom rental. The median price of all currently available listings is $3,300, or roughly $5 per square feet.
For the apartment units and housing in July 2024, median rents have fallenover the last year. Studio rentals prices have increased by $142 (5.65%) year-over-year from $2,508 to $2,650. 1-bedroom rentals prices have decreased by $212 (-7.40%) year-over-year from $2,862 to $2,650. 2-bedroom rentals prices have decreased by $121 (-3.89%) year-over-year from $3,116 to $2,995. 3-bedroom rentals prices have increased by $329 (9.86%) year-over-year from $3,342 to $3,671. 4-bedroom rentals prices have increased by $93 (2.19%) year-over-year from $4,233 to $4,326. 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 up by 0.70% this month. 1-bedroom rents have gone down by 1.24% this month. 2-bedroom rents have gone down by 0.79% this month. 3-bedroom rents have gone down by 1.85% this month. 4-bedroom rents have gone down by 1.88% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.11 $2,650 $2,508 (5.65%) $1,671 (58.60%)
1 BR $5.33 $2,650 $2,862 (-7.40%) $1,867 (41.96%)
2 BR $4.88 $2,995 $3,116 (-3.89%) $2,250 (33.11%)
3 BR $4.00 $3,671 $3,342 (9.86%) $2,615 (40.41%)
4+ BR $3.67 $4,326 $4,233 (2.19%) $3,566 (21.32%)

Historical Rents in 10031, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 10031

There are a total of 15 cities nearby 10031. The average rent in 10031 is currently $3,179 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 10031, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,000 per month.

Let's compare 10031, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in 10031, New York, NY is 30.52% more expensive than other cities nearby. One bedrooms are about 22.48% more expensive. Two bedrooms in 10031, New York, NY are about 7.25% more affordable. Finally, rent for three bedrooms are about 24.37% more affordable. Want more information? Check out the top 10 cities out of 15 total cities near 10031, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Paterson, NJ $1,850 $1,850 $2,100 $2,250
Newark, NJ $1,800 $1,675 $2,050 $2,300
Elizabeth, NJ N/A $1,900 $2,200 $2,525
Fort Lee, NJ $1,900 $2,375 $3,505 $2,848
Jersey City, NJ $2,390 $3,271 $3,475 $3,179
Yonkers, NY $2,100 $2,598 $3,400 $3,290
Cliffside Park, NJ N/A $2,050 $3,975 $3,600
Harrison, NY $2,860 $3,450 $4,053 $4,002
New York, NY $3,585 $4,354 $5,295 $4,495
New Rochelle, NY $2,250 $3,030 $4,690 $4,500

Top Neighborhoods Near 10031

There are a total of 52 neighborhoods in or near 10031. Some of these neighborhoods include Flatbush, Washington Heights, and West Harlem. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near 10031, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near 10031, New York, NY is currently around $4,465 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $4,465. Interestingly, the neighborhoods' average rent is higher than 10031's average rent, which is only $3,300. Out of all the neighborhoods in or near 10031, East Side has the most affordable average rent at $2,201 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near 10031. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flatbush, New York, NY $2,562 $3,100 $3,150 $3,200
Washington Heights, New York, NY $2,175 $2,400 $2,995 $3,300
West Harlem, New York, NY $2,685 $3,100 $3,495 $3,395
Bedford-Stuyvesant, New York, NY $2,438 $2,815 $3,400 $3,400
Harlem, New York, NY $2,650 $2,995 $3,400 $3,500
Bushwick, New York, NY $2,653 $3,000 $3,499 $3,599
Crown Heights, New York, NY $2,633 $2,850 $3,775 $3,600
East Harlem, New York, NY $2,495 $2,995 $3,395 $3,795
Prospect Heights, New York, NY $3,600 $4,413 $5,991 $4,165
Upper East Side, New York, NY $2,900 $3,600 $5,000 $4,195
Long Island City, New York, NY $3,365 $4,125 $6,150 $4,195
Financial District, New York, NY $3,695 $4,720 $6,780 $4,420
Murray Hill, New York, NY $3,400 $4,595 $7,407 $4,495
Downtown Brooklyn, New York, NY $3,484 $4,350 $6,000 $4,500
West Village, New York, NY $3,995 $4,650 $7,445 $4,550
Hell's Kitchen, New York, NY $3,700 $4,500 $5,885 $4,595
Midtown East, New York, NY $3,400 $4,475 $6,361 $4,625
Greenwich Village, New York, NY $4,100 $5,095 $4,395 $4,800
Midtown South, New York, NY $3,700 $4,800 $5,050 $4,850
Upper West Side, New York, NY $3,450 $4,250 $7,000 $4,906
Midtown, New York, NY $3,523 $4,750 $6,995 $4,968
Kips Bay, New York, NY $3,845 $4,070 $5,345 $4,995
Williamsburg, New York, NY $3,947 $4,699 $5,200 $5,000
East Village, New York, NY $2,700 $3,850 $5,200 $5,295
Hudson Yards, New York, NY $3,590 $5,000 $7,600 $5,300
Chelsea, New York, NY $4,123 $5,476 $8,000 $5,405
Gramercy Park, New York, NY $3,725 $4,895 $5,495 $5,495
NoMad, New York, NY $4,395 $5,663 $8,123 $5,781
Lower East Side, New York, NY $2,625 $4,195 $5,295 $5,995
Tribeca, New York, NY $4,500 $5,999 $8,340 $7,195

Top Counties Near 10031

There are a total of 52 counties located by 10031, New York, NY. Some of these counties include Paterson, NJ, Bloomfield, NJ, and Fort Lee, NJ. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,900. Vice versa, with an average rent of $5,000, Islip, NY is the most expensive county by 10031, New York, NY.

Typically, rent for studios in 10031, New York, NY is 28.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 10031, New York, NY is 9.65% more expensive than other counties nearby. Finally, rent for two bedrooms in 10031, New York, NY is 7.25% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Paterson, NJ $1,850 $1,850 $2,100 $2,250
Bloomfield, NJ N/A $1,750 $2,300 $2,425
Fort Lee, NJ $1,900 $2,375 $3,505 $2,848
Jersey City, NJ $2,390 $3,271 $3,475 $3,179
Bronx, New York, NY $2,491 $2,625 $3,200 $3,200
Yonkers, NY $2,100 $2,598 $3,400 $3,290
Queens, New York, NY $2,919 $3,100 $3,702 $3,500
Cliffside Park, NJ N/A $2,050 $3,975 $3,600
New Rochelle, NY $2,250 $3,030 $4,690 $4,500
Manhattan, New York, NY $3,600 $4,495 $5,599 $4,698

Top Zipcodes Near 10031

There are a total of 44 zipcodes in or near 10031, New York, NY. The average rent for all of these zipcodes is $4,624. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,210 per month. In comparison, the zipcode with the most expensive average rent of $7,800 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,475. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 10031, New York, NY is $4,398 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,625 per month. Which comes out to $7 per sqft. The following chart includes the top 10 zipcodes in 10031, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,550 $4,384 $5,799 $4,850
10003, New York, NY $3,900 $4,845 $5,250 $5,070
10019, New York, NY $3,700 $4,570 $6,300 $4,708
10009, New York, NY $2,660 $3,798 $5,250 $5,295
10128, New York, NY $3,250 $3,900 $5,193 $4,200
10038, New York, NY $3,770 $4,733 $6,390 $4,598
10022, New York, NY $3,450 $4,650 $6,250 $4,800
10005, New York, NY $3,712 $4,895 $7,619 $4,304
10011, New York, NY $3,925 $5,423 $8,258 $4,750
10010, New York, NY $3,955 $4,878 $5,395 $4,995

Frequently Asked Questions - 10031 Average Rents

What is the average rent price in 10031, New York, NY?
The average monthly rental price for 10031, New York, NY apartments for rent is approximately $3,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 10031, 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 10031, New York, NY.
How much is a studio apartment in 10031, New York, NY?
The average monthly rental price for studio apartments is $2,663 and an average price per square feet of $7.11. There are a total of 18 studio apartment listings currently available for rent in 10031.
How much is a one bedroom apartment in 10031, New York, NY?
The average monthly rental price for one bedroom apartments is $2,917 and an average price per square feet of $5.33. There are a total of 16 one bedroom apartment listings currently available for rent in 10031.
How much is a two bedroom apartment in 10031, New York, NY?
The average monthly rental price for two bedroom apartments is $3,240 and an average price per square feet of $4.88. There are a total of 35 two bedroom apartment listings currently available for rent in 10031.
How have rent prices in 10031, New York, NY changed this year?
Rent prices for rentals in 10031, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in 10031, New York, NY?
A reasonable rent price in 10031, New York, NY is around $2,640/month. You can search for these reasonably priced rental listings on RentHop.
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