Average Rent in 10040, New York, NY

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Current Versus Historical 10040, New York, NY Rents

10040 rentals average $2,977 for a studio rental to $4,832 for a 4-bedroom rental. The median price of all currently available listings is $3,201, or roughly $61 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $246 (9.02%) year-over-year from $2,731 to $2,977. 1-bedroom rentals prices have decreased by $465 (-17.45%) year-over-year from $2,665 to $2,200. 2-bedroom rentals prices have increased by $118 (3.10%) year-over-year from $3,792 to $3,909. 3-bedroom rentals prices have increased by $833 (24.04%) year-over-year from $3,467 to $4,300. 4-bedroom rentals prices have increased by $1,020 (24.40%) year-over-year from $4,180 to $5,200. 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 4.27% this month. 1-bedroom rents have gone down by 23.53% this month. 2-bedroom rents have gone up by 7.73% this month. 3-bedroom rents have gone up by 4.49% this month. 4-bedroom rents have gone up by 9.67% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $71.13 $2,977 $2,731 (9.02%) $2,049 (45.31%)
1 BR $64.27 $2,200 $2,665 (-17.45%) $2,067 (6.45%)
2 BR $50.96 $3,909 $3,792 (3.10%) $2,565 (52.40%)
3 BR $51.60 $4,300 $3,467 (24.04%) $3,342 (28.68%)
4+ BR N/A $5,200 $4,180 (24.40%) $4,100 (26.83%)

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 26 cities nearby 10040. The average rent in 10040 is currently $3,025 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Waterbury, CT, with an average rent of $1,650, 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 $10,750 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 35.34% more expensive than other cities nearby. One bedrooms are about 16.54% more expensive. Two bedrooms in 10040, New York, NY are about 2.57% more expensive. Finally, rent for three bedrooms are about 16.33% more affordable. Want more information? Check out the top 10 cities out of 26 total cities near 10040, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Jersey City, NJ $1,850 $2,525 $2,450 $2,550
Hackensack, NJ $1,535 $2,300 $2,825 $2,645
Mount Vernon, NY $1,750 $2,100 $2,600 $2,675
Yonkers, NY $1,895 $2,300 $2,550 $2,700
Palisades Park, NJ $1,700 $2,048 $2,600 $2,900
Cliffside Park, NJ N/A $2,250 $3,500 $3,000
Fort Lee, NJ $1,700 $2,700 $3,420 $3,113
New Rochelle, NY $2,252 $2,668 $3,716 $3,498
Edgewater, NJ $2,455 $2,700 $4,550 $3,500
New York, NY $3,800 $4,700 $6,100 $4,900

Top Neighborhoods Near 10040

There are a total of 71 neighborhoods in or near 10040. Some of these neighborhoods include Washington Heights, Astoria, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 71 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 $4,650 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $4,650. Interestingly, the neighborhoods' average rent is higher than 10040's average rent, which is only $3,201. Out of all the neighborhoods in or near 10040, Brooklawn - St. Vincent has the most affordable average rent at $2,100 per month. Whereas, at $8,400 average rent per month, Ocean Beach is the most expensive neighborhood in or near 10040. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Washington Heights, New York, NY $2,977 $2,838 $3,300 $3,200
Astoria, New York, NY $2,650 $3,200 $4,000 $3,425
Bedford-Stuyvesant, New York, NY $2,900 $3,300 $3,800 $3,643
Bushwick, New York, NY $3,137 $3,225 $3,695 $3,750
Central Harlem, New York, NY $2,750 $3,150 $4,300 $3,750
East Harlem, New York, NY $3,220 $3,600 $3,600 $3,845
Crown Heights, New York, NY $3,071 $3,600 $4,576 $3,850
Harlem, New York, NY $3,000 $3,398 $3,892 $3,895
West Harlem, New York, NY $2,950 $3,395 $4,225 $3,900
Long Island City, New York, NY $3,600 $4,394 $6,320 $4,500
Murray Hill, New York, NY $3,800 $4,631 $7,177 $4,545
Upper East Side, New York, NY $3,350 $4,600 $5,200 $4,695
Hell's Kitchen, New York, NY $3,750 $4,500 $6,450 $4,695
Downtown Brooklyn, New York, NY $3,599 $4,510 $6,251 $4,700
Greenpoint, New York, NY $3,735 $4,678 $7,040 $5,250
Upper West Side, New York, NY $3,500 $4,865 $7,200 $5,272
Kips Bay, New York, NY $3,995 $4,603 $5,900 $5,295
Financial District, New York, NY $4,095 $5,345 $7,146 $5,295
Williamsburg, New York, NY $4,095 $5,115 $5,800 $5,400
Midtown, New York, NY $3,900 $5,150 $7,402 $5,495
Hudson Yards, New York, NY $3,975 $5,500 $8,000 $5,500
East Village, New York, NY $3,900 $4,295 $5,995 $5,500
West Village, New York, NY $4,295 $5,495 $7,495 $5,563
Midtown East, New York, NY $3,825 $5,300 $6,995 $5,650
Greenwich Village, New York, NY $4,750 $6,600 $8,250 $5,800
Chelsea, New York, NY $4,300 $6,182 $9,500 $6,052
NoMad, New York, NY $4,502 $5,724 $8,571 $6,378
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $6,138 $6,520 $6,485
Lower East Side, New York, NY $4,395 $5,700 $5,995 $6,495
Gramercy Park, New York, NY $4,095 $5,600 $6,500 $6,995

Top Counties Near 10040

There are a total of 35 counties located by 10040, New York, NY. Some of these counties include Hackensack, NJ, Mount Vernon, NY, and Yonkers, NY. The average rent for rentals in these counties is $3,250. That's roughly around $39 per sqft. A total of 16 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,088. Vice versa, with an average rent of $5,395, Manhattan, New York, NY is the most expensive county by 10040, New York, NY.

Typically, rent for studios in 10040, New York, NY is 34.33% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 10040, New York, NY is 15.89% more expensive than other counties nearby. Finally, rent for two bedrooms in 10040, New York, NY is 5.71% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Hackensack, NJ $1,535 $2,300 $2,825 $2,645
Mount Vernon, NY $1,750 $2,100 $2,600 $2,675
Yonkers, NY $1,895 $2,300 $2,550 $2,700
Palisades Park, NJ $1,700 $2,048 $2,600 $2,900
Cliffside Park, NJ N/A $2,250 $3,500 $3,000
Fort Lee, NJ $1,700 $2,700 $3,420 $3,113
Bronx, New York, NY $2,524 $2,775 $3,620 $3,234
New Rochelle, NY $2,252 $2,668 $3,716 $3,498
Edgewater, NJ $2,455 $2,700 $4,550 $3,500
Manhattan, New York, NY $3,900 $5,100 $6,750 $5,395

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 $4,913. 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 $2,700 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,626. That's at least $96 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 $4,608 per month. Or in other words, $83 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,146 per month. Which comes out to $80 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 $3,850 $4,757 $6,293 $5,000
10019, New York, NY $3,850 $4,695 $7,031 $5,009
10025, New York, NY $3,375 $4,456 $6,000 $4,700
10003, New York, NY $4,398 $5,400 $6,495 $5,650
10009, New York, NY $3,100 $4,495 $5,995 $5,995
10022, New York, NY $3,825 $5,400 $6,900 $5,650
10036, New York, NY $3,895 $5,000 $7,493 $5,250
10038, New York, NY $3,995 $5,345 $6,999 $5,600
10017, New York, NY $4,000 $5,250 $10,575 $5,906
10128, New York, NY $3,695 $4,300 $5,900 $4,325

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 $3,201. 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 $2,977 and an average price per square feet of $71.13. There are a total of 16 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 $3,100 and an average price per square feet of $64.27. There are a total of 19 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 $3,500 and an average price per square feet of $50.96. There are a total of 17 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 0.09%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by 0.24% 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 $2,561/month. You can search for these reasonably priced rental listings on RentHop.
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