Average Rent in 11217, New York, NY

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Current Versus Historical 11217, New York, NY Rents

11217 rentals average $3,595 for a studio rental to $6,695 for a 3-bedroom rental. The median price of all currently available listings is $4,330, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $32 (0.94%) year-over-year from $3,422 to $3,454. 1-bedroom rentals prices have decreased by $148 (-3.44%) year-over-year from $4,308 to $4,160. 2-bedroom rentals prices have increased by $174 (2.82%) year-over-year from $6,182 to $6,356. 3-bedroom rentals prices have decreased by $4,730 (-47.63%) year-over-year from $9,930 to $5,200. 4-bedroom rentals prices have decreased by $3,833 (-29.87%) year-over-year from $12,833 to $9,000. 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 0.78% this month. 1-bedroom rents have gone down by 1.38% this month. 2-bedroom rents have gone up by 2.62% this month. 3-bedroom rents have gone down by 21.13% this month. 4-bedroom rents have gone down by 26.03% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.00 $3,454 $3,422 (0.94%) $2,461 (40.33%)
1 BR $4.75 $4,160 $4,308 (-3.44%) $3,041 (36.81%)
2 BR $5.46 $6,356 $6,182 (2.82%) $3,812 (66.72%)
3 BR $4.20 $5,200 $9,930 (-47.63%) $3,618 (43.75%)

Historical Rents in 11217, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 11217

There are a total of 32 cities nearby 11217. The average rent in 11217 is currently $3,369 per month. A total of 24 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near 11217, New York, NY is Westport, CT. Monthly rents here are on average $18,000 per month.

Let's compare 11217, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in 11217, New York, NY is 52.02% more expensive than other cities nearby. One bedrooms are about 46.61% more expensive. Two bedrooms in 11217, New York, NY are about 48.59% more expensive. Finally, rent for three bedrooms are about 33.63% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near 11217, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,975 $1,800 $2,100 $2,300
Elizabeth, NJ N/A $1,700 $2,000 $2,350
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,550 $2,850 $2,700
Jersey City, NJ $2,825 $2,700 $2,650 $2,750
Union City, NJ $1,900 $2,250 $2,800 $2,800
Cliffside Park, NJ N/A $2,100 $3,363 $3,200
Palisades Park, NJ N/A $1,950 $2,750 $3,600
Hoboken, NJ $3,093 $3,200 $3,950 $3,613
New York, NY $3,500 $4,200 $5,195 $4,400

Top Neighborhoods Near 11217

There are a total of 52 neighborhoods in or near 11217. Some of these neighborhoods include Washington Heights, Flatbush, and West Harlem. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near 11217, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near 11217, New York, NY is currently around $4,338 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $4,338. Interestingly, the neighborhoods' average rent is higher than 11217's average rent, which is only $4,330. Out of all the neighborhoods in or near 11217, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near 11217. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Washington Heights, New York, NY $2,000 $2,200 $2,990 $3,149
Flatbush, New York, NY $2,800 $3,100 $3,500 $3,325
West Harlem, New York, NY $2,595 $2,850 $3,399 $3,400
Bedford-Stuyvesant, New York, NY $2,420 $2,850 $3,198 $3,400
Harlem, New York, NY $2,595 $2,993 $3,300 $3,425
East Harlem, New York, NY $2,675 $3,000 $3,195 $3,495
Bushwick, New York, NY $2,650 $2,850 $3,462 $3,500
Crown Heights, New York, NY $2,800 $2,700 $3,741 $3,503
Upper East Side, New York, NY $2,875 $3,395 $4,995 $3,965
Long Island City, New York, NY $3,324 $4,068 $5,887 $4,066
Downtown Brooklyn, New York, NY $3,400 $4,255 $5,880 $4,255
Prospect Heights, New York, NY $3,625 $4,395 $5,966 $4,280
Financial District, New York, NY $3,505 $4,550 $6,463 $4,395
Hell's Kitchen, New York, NY $3,479 $4,000 $6,025 $4,500
East Village, New York, NY $2,638 $3,650 $4,495 $4,595
Murray Hill, New York, NY $3,500 $4,200 $6,415 $4,600
Hudson Yards, New York, NY $3,650 $4,380 $6,900 $4,695
Midtown East, New York, NY $3,550 $4,295 $5,650 $4,700
Williamsburg, New York, NY $3,859 $4,506 $4,750 $4,750
Greenwich Village, New York, NY $3,675 $4,800 $5,075 $4,800
West Village, New York, NY $4,550 $4,650 $6,545 $4,800
Upper West Side, New York, NY $3,128 $4,500 $6,669 $4,900
Kips Bay, New York, NY $3,798 $4,063 $5,395 $4,950
Midtown South, New York, NY $3,785 $4,998 $6,865 $5,000
Lower East Side, New York, NY $3,300 $3,495 $4,495 $5,195
Chelsea, New York, NY $3,600 $5,477 $7,915 $5,200
NoMad, New York, NY $4,410 $5,591 $8,406 $5,654
Midtown, New York, NY $3,412 $4,400 $6,750 $6,250
Gramercy Park, New York, NY $3,815 $5,175 $5,315 $6,395
Tribeca, New York, NY $4,250 $5,845 $7,295 $6,895

Top Counties Near 11217

There are a total of 52 counties located by 11217, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,631. That's roughly around $3 per sqft. A total of 33 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $18,000, Westport, CT is the most expensive county by 11217, New York, NY.

Typically, rent for studios in 11217, New York, NY is 48.56% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 11217, New York, NY is 43.53% more expensive than other counties nearby. Finally, rent for two bedrooms in 11217, New York, NY is 47.64% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,975 $1,800 $2,100 $2,300
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,550 $2,850 $2,700
Jersey City, NJ $2,825 $2,700 $2,650 $2,750
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
Queens, New York, NY $3,083 $2,595 $3,200 $3,200
Cliffside Park, NJ N/A $2,100 $3,363 $3,200
Hoboken, NJ $3,093 $3,200 $3,950 $3,613
Brooklyn, New York, NY $3,492 $3,995 $4,050 $3,950
Manhattan, New York, NY $3,530 $4,365 $5,673 $4,595

Top Zipcodes Near 11217

There are a total of 50 zipcodes in or near 11217, New York, NY. The average rent for all of these zipcodes is $4,498. A total of 19 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,300. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 11217, New York, NY is $4,031 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,493 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in 11217, 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 $3,600 $4,200 $5,873 $4,600
10003, New York, NY $3,530 $4,800 $5,175 $5,295
10019, New York, NY $3,500 $4,211 $6,500 $4,750
10009, New York, NY $2,625 $3,695 $4,495 $4,500
10128, New York, NY $3,350 $3,400 $5,665 $4,000
10038, New York, NY $3,500 $4,555 $6,350 $4,500
10022, New York, NY $3,400 $4,500 $5,300 $4,500
10005, New York, NY $3,525 $4,600 $6,540 $4,334
10011, New York, NY $3,600 $5,516 $6,895 $4,486
10010, New York, NY $4,050 $4,825 $5,495 $5,418

Frequently Asked Questions - 11217 Average Rents

What is the average rent price in 11217, New York, NY?
The average monthly rental price for 11217, New York, NY apartments for rent is approximately $4,330. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 11217, 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 11217, New York, NY.
How much is a studio apartment in 11217, New York, NY?
The average monthly rental price for studio apartments is $3,595 and an average price per square feet of $8.00. There are a total of 67 studio apartment listings currently available for rent in 11217.
How much is a one bedroom apartment in 11217, New York, NY?
The average monthly rental price for one bedroom apartments is $4,428 and an average price per square feet of $4.75. There are a total of 128 one bedroom apartment listings currently available for rent in 11217.
How much is a two bedroom apartment in 11217, New York, NY?
The average monthly rental price for two bedroom apartments is $6,225 and an average price per square feet of $5.46. There are a total of 28 two bedroom apartment listings currently available for rent in 11217.
How have rent prices in 11217, New York, NY changed this year?
Rent prices for rentals in 11217, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.48% year-over-year.
What is a reasonable rent price in 11217, New York, NY?
A reasonable rent price in 11217, New York, NY is around $3,464/month. You can search for these reasonably priced rental listings on RentHop.
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