Average Rent in 10040, New York, NY

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Current Versus Historical 10040, New York, NY Rents

10040 rentals average $3,264 for a studio rental to $4,995 for a 4-bedroom rental. The median price of all currently available listings is $3,267, or roughly $56 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $449 (15.96%) year-over-year from $2,815 to $3,264. 1-bedroom rentals prices have increased by $575 (23.71%) year-over-year from $2,425 to $3,000. 2-bedroom rentals prices have increased by $560 (18.44%) year-over-year from $3,038 to $3,598. 3-bedroom rentals prices have increased by $162 (4.40%) year-over-year from $3,674 to $3,836. 4-bedroom rentals prices have increased by $1,128 (29.18%) year-over-year from $3,867 to $4,995. 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 0.00% this month. 1-bedroom rents have gone up by 5.57% this month. 2-bedroom rents have gone up by 10.21% this month. 3-bedroom rents have gone up by 2.73% this month. 4-bedroom rents have gone up by 1.95% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $62.49 $3,264 $2,815 (15.96%) $2,158 (51.23%)
1 BR $52.91 $3,000 $2,425 (23.71%) $2,192 (36.88%)
2 BR $55.16 $3,598 $3,038 (18.44%) $2,867 (25.49%)
3 BR N/A $3,836 $3,674 (4.40%) $3,417 (12.27%)
4+ BR N/A $4,995 $3,867 (29.18%) $4,065 (22.88%)

Historical Rents in 10040, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 10040

There are a total of 29 cities nearby 10040. The average rent in 10040 is currently $2,850 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Waterbury, CT, with an average rent of $1,688, is the most affordable city nearby. In contrast, the most expensive city near 10040, New York, NY is Westport, CT. Monthly rents here are on average $8,500 per month.

Let's compare 10040, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in 10040, New York, NY is 44.85% more expensive than other cities nearby. One bedrooms are about 23.33% more expensive. Two bedrooms in 10040, New York, NY are about 15.83% more expensive. Finally, rent for three bedrooms are about 4.85% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near 10040, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Kearny, NJ $25 $1,748 $2,275 $2,250
Lodi, NJ N/A $1,950 $2,300 $2,300
Garfield, NJ $55,000 $1,800 $2,200 $2,400
Clifton, NJ $1,800 $1,763 $2,300 $2,400
Hackensack, NJ $1,795 $1,975 $2,760 $2,550
Yonkers, NY $2,029 $2,300 $2,550 $2,764
Fort Lee, NJ $1,560 $2,350 $2,900 $2,850
Cliffside Park, NJ $1,800 $2,100 $2,900 $3,000
Palisades Park, NJ $1,700 $1,900 $3,000 $3,300
Edgewater, NJ $2,455 $2,700 $4,700 $3,750

Top Neighborhoods Near 10040

There are a total of 74 neighborhoods in or near 10040. Some of these neighborhoods include Central Harlem, Washington Heights, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 74 total neighborhoods in or near 10040, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near 10040, New York, NY is currently around $4,598 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $4,598. Interestingly, the neighborhoods' average rent is higher than 10040's average rent, which is only $3,267. Out of all the neighborhoods in or near 10040, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,095 average rent per month, Tribeca is the most expensive neighborhood in or near 10040. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Harlem, New York, NY $2,599 $2,995 $4,284 $3,444
Washington Heights, New York, NY $3,096 $2,820 $3,550 $3,500
Bedford-Stuyvesant, New York, NY $3,225 $3,449 $4,175 $3,600
Astoria, New York, NY $2,775 $3,400 $4,591 $3,705
Crown Heights, New York, NY $2,970 $3,478 $4,656 $3,770
Bushwick, New York, NY $3,124 $3,425 $3,895 $3,900
Harlem, New York, NY $2,828 $3,250 $3,941 $3,995
East Harlem, New York, NY $3,225 $3,750 $3,495 $3,995
West Harlem, New York, NY $2,750 $3,200 $4,568 $4,100
Long Island City, New York, NY $3,694 $4,495 $6,540 $4,565
Downtown Brooklyn, New York, NY $3,546 $4,462 $6,250 $4,600
Greenpoint, New York, NY $3,690 $4,600 $7,000 $4,650
Murray Hill, New York, NY $3,782 $5,345 $7,600 $4,976
Williamsburg, New York, NY $4,011 $4,995 $5,750 $5,000
Hell's Kitchen, New York, NY $3,800 $4,695 $6,075 $5,000
Financial District, New York, NY $4,200 $5,442 $6,935 $5,102
Midtown, New York, NY $4,028 $4,994 $7,660 $5,195
Midtown East, New York, NY $3,875 $5,000 $7,895 $5,261
Upper East Side, New York, NY $3,373 $5,000 $7,995 $5,395
Hudson Yards, New York, NY $4,300 $5,400 $7,995 $5,400
Kips Bay, New York, NY $3,995 $4,800 $5,995 $5,495
Upper West Side, New York, NY $3,500 $5,100 $7,900 $5,600
West Village, New York, NY $5,175 $5,500 $6,950 $5,675
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $5,469 $5,951 $5,710
East Village, New York, NY $3,498 $4,500 $5,995 $5,850
Lower East Side, New York, NY $4,519 $4,495 $7,695 $5,990
Chelsea, New York, NY $4,450 $6,250 $10,095 $6,019
NoMad, New York, NY $4,495 $5,969 $7,995 $6,023
Greenwich Village, New York, NY $4,800 $6,975 $12,995 $6,385
Gramercy Park, New York, NY $4,600 $6,600 $9,900 $6,995

Top Counties Near 10040

There are a total of 37 counties located by 10040, New York, NY. Some of these counties include Lodi, NJ, Garfield, NJ, and Hackensack, NJ. The average rent for rentals in these counties is $3,200. That's roughly around $37 per sqft. A total of 20 counties have a lower average rent. The county that is the most affordable is Waterbury, CT. Its average rent per month is $1,688. Vice versa, with an average rent of $6,250, Greenwich, CT is the most expensive county by 10040, New York, NY.

Typically, rent for studios in 10040, New York, NY is 37.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 10040, New York, NY is 17.67% more expensive than other counties nearby. Finally, rent for two bedrooms in 10040, New York, NY is 7.91% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Lodi, NJ N/A $1,950 $2,300 $2,300
Garfield, NJ $55,000 $1,800 $2,200 $2,400
Hackensack, NJ $1,795 $1,975 $2,760 $2,550
Yonkers, NY $2,029 $2,300 $2,550 $2,764
Fort Lee, NJ $1,560 $2,350 $2,900 $2,850
Cliffside Park, NJ $1,800 $2,100 $2,900 $3,000
Bronx, New York, NY $2,729 $3,250 $3,550 $3,250
Palisades Park, NJ $1,700 $1,900 $3,000 $3,300
Edgewater, NJ $2,455 $2,700 $4,700 $3,750
Manhattan, New York, NY $4,050 $5,250 $7,100 $5,495

Top Zipcodes Near 10040

There are a total of 50 zipcodes in or near 10040, New York, NY. The average rent for all of these zipcodes is $5,023. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10701, Yonkers, NY at $2,600 per month. In comparison, the zipcode with the most expensive average rent of $8,848 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $3,666. That's at least $97 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 10040, New York, NY is $4,675 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,574 per month. Which comes out to $87 per sqft. The following table includes the top 10 zipcodes in 10040, 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 $3,950 $5,250 $6,800 $5,400
10019, New York, NY $3,830 $4,850 $6,550 $5,100
10025, New York, NY $3,300 $4,525 $5,400 $4,995
10003, New York, NY $4,595 $6,050 $6,995 $6,095
10009, New York, NY $3,418 $4,959 $5,750 $5,713
11101, New York, NY $3,694 $4,500 $6,570 $4,634
10128, New York, NY $3,325 $4,298 $6,578 $4,872
10036, New York, NY $3,800 $4,950 $6,950 $5,225
10022, New York, NY $3,995 $4,950 $7,350 $6,200
10024, New York, NY $3,350 $4,595 $8,875 $5,400

Frequently Asked Questions - 10040 Average Rents

What is the average rent price in 10040, New York, NY?
The average monthly rental price for 10040, New York, NY apartments for rent is approximately $3,267. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 10040, 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 10040, New York, NY.
How much is a studio apartment in 10040, New York, NY?
The average monthly rental price for studio apartments is $3,264 and an average price per square feet of $62.49. There are a total of 13 studio apartment listings currently available for rent in 10040.
How much is a one bedroom apartment in 10040, New York, NY?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $52.91. There are a total of 30 one bedroom apartment listings currently available for rent in 10040.
How much is a two bedroom apartment in 10040, New York, NY?
The average monthly rental price for two bedroom apartments is $3,475 and an average price per square feet of $55.16. There are a total of 14 two bedroom apartment listings currently available for rent in 10040.
How have rent prices in 10040, New York, NY changed this year?
Rent prices for rentals in 10040, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.16%, one bedroom rental prices have changed by 0.24%, two bedroom rental prices have changed by 0.18%, three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in 10040, New York, NY?
A reasonable rent price in 10040, New York, NY is around $2,613/month. You can search for these reasonably priced rental listings on RentHop.