Average Rent in 11231, New York, NY

Current Versus Historical 11231, New York, NY Rents

11231 rentals average $4,600 for a studio rental to $15,000 for a 4-bedroom rental. The median price of all currently available listings is $5,041, or roughly $4 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 decreased by $47 (-1.38%) year-over-year from $3,429 to $3,382. 1-bedroom rentals prices have decreased by $23 (-0.62%) year-over-year from $3,783 to $3,760. 2-bedroom rentals prices have decreased by $183 (-3.57%) year-over-year from $5,133 to $4,950. 3-bedroom rentals prices have increased by $1,000 (14.29%) year-over-year from $7,000 to $8,000. 4-bedroom rentals prices have increased by $567 (3.93%) year-over-year from $14,433 to $15,000. 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 up by 4.06% this month. 1-bedroom rents have gone down by 1.10% this month. 2-bedroom rents have gone down by 2.70% this month. 3-bedroom rents have gone up by 1.39% this month. 4-bedroom rents have gone up by 20.00% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.71	$3,382	$3,429 (-1.38%)	$2,267 (49.21%)
1 BR	$3.79	$3,760	$3,783 (-0.62%)	$2,656 (41.58%)
2 BR	$3.84	$4,950	$5,133 (-3.57%)	$3,467 (42.79%)
3 BR	$5.35	$8,000	$7,000 (14.29%)	$3,640 (119.80%)
4+ BR	$3.36	$15,000	$14,433 (3.93%)	$7,892 (90.07%)

Historical Rents in 11231, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 11231

There are a total of 32 cities nearby 11231. The average rent in 11231 is currently $3,494 per month. A total of 25 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 11231, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare 11231, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in 11231, New York, NY is 69.57% more expensive than other cities nearby. One bedrooms are about 25.69% more expensive. Two bedrooms in 11231, New York, NY are about 35.53% more expensive. Finally, rent for three bedrooms are about 45.61% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near 11231, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,000	$1,975	$2,100	$2,300
Elizabeth, NJ	N/A	$1,700	$1,950	$2,300
Bayonne, NJ	$2,275	$2,036	$2,507	$2,443
Jersey City, NJ	$2,826	$2,700	$2,650	$2,798
Union City, NJ	$1,900	$2,300	$2,800	$2,800
West New York, NJ	$1,850	$2,575	$3,200	$2,800
Cliffside Park, NJ	N/A	$2,100	$3,375	$3,100
Palisades Park, NJ	N/A	$1,875	$2,625	$3,500
Hoboken, NJ	$3,106	$3,250	$3,950	$3,613
New York, NY	$3,500	$4,217	$5,150	$4,400

Top Neighborhoods Near 11231

There are a total of 50 neighborhoods in or near 11231. Some of these neighborhoods include Washington Heights, Bedford-Stuyvesant, and Flatbush. We've included the top 30 neighborhoods out of 50 total neighborhoods in or near 11231, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near 11231, New York, NY is currently around $4,430 per month. A total of 39 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 11231, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near 11231. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Washington Heights, New York, NY	$2,100	$2,200	$2,990	$3,200
Bedford-Stuyvesant, New York, NY	$2,350	$2,875	$3,173	$3,300
Flatbush, New York, NY	$2,795	$3,190	$3,455	$3,350
West Harlem, New York, NY	$2,595	$2,825	$3,395	$3,413
Harlem, New York, NY	$2,595	$3,000	$3,300	$3,495
Bushwick, New York, NY	$2,650	$2,863	$3,425	$3,500
East Harlem, New York, NY	$2,675	$3,158	$3,195	$3,552
Crown Heights, New York, NY	$2,800	$2,898	$3,700	$3,575
Upper East Side, New York, NY	$2,875	$3,395	$4,998	$3,991
Long Island City, New York, NY	$3,323	$4,040	$5,884	$3,995
Downtown Brooklyn, New York, NY	$3,378	$4,255	$5,880	$4,274
Prospect Heights, New York, NY	$3,625	$4,375	$6,165	$4,295
Financial District, New York, NY	$3,550	$4,514	$6,481	$4,365
Hell's Kitchen, New York, NY	$3,498	$3,995	$5,993	$4,495
Hudson Yards, New York, NY	$3,650	$4,300	$6,700	$4,593
East Village, New York, NY	$2,700	$3,695	$4,500	$4,595
Midtown East, New York, NY	$3,425	$4,325	$5,595	$4,598
Murray Hill, New York, NY	$3,500	$4,200	$6,400	$4,609
Lower East Side, New York, NY	$3,300	$3,495	$4,495	$4,666
Williamsburg, New York, NY	$3,679	$4,500	$4,675	$4,700
West Village, New York, NY	$4,500	$4,700	$6,495	$4,800
Greenwich Village, New York, NY	$3,650	$4,800	$5,060	$4,800
Upper West Side, New York, NY	$3,200	$4,487	$6,742	$4,900
Kips Bay, New York, NY	$3,788	$4,100	$5,395	$4,995
Midtown South, New York, NY	$3,595	$4,995	$6,858	$5,000
Chelsea, New York, NY	$3,718	$5,464	$7,890	$5,200
NoMad, New York, NY	$4,432	$5,594	$8,404	$5,663
Midtown, New York, NY	$3,200	$4,400	$6,750	$6,195
Gramercy Park, New York, NY	$3,815	$5,163	$5,315	$6,395
Tribeca, New York, NY	$4,375	$5,795	$7,295	$6,850

Top Counties Near 11231

There are a total of 50 counties located by 11231, New York, NY. Some of these counties include Newark, NJ, Elizabeth, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,556. That's roughly around $3 per sqft. A total of 36 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 $16,000, Westport, CT is the most expensive county by 11231, New York, NY.

Typically, rent for studios in 11231, New York, NY is 66.58% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 11231, New York, NY is 15.32% more expensive than other counties nearby. Finally, rent for two bedrooms in 11231, New York, NY is 34.29% 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	$2,000	$1,975	$2,100	$2,300
Elizabeth, NJ	N/A	$1,700	$1,950	$2,300
Bayonne, NJ	$2,275	$2,036	$2,507	$2,443
Jersey City, NJ	$2,826	$2,700	$2,650	$2,798
West New York, NJ	$1,850	$2,575	$3,200	$2,800
North Bergen, NJ	$2,149	$2,100	$2,900	$2,800
Queens, New York, NY	$3,204	$3,061	$3,413	$3,355
Hoboken, NJ	$3,106	$3,250	$3,950	$3,613
Brooklyn, New York, NY	$3,454	$4,000	$4,200	$3,954
Manhattan, New York, NY	$3,545	$4,361	$5,595	$4,595

Top Zipcodes Near 11231

There are a total of 50 zipcodes in or near 11231, New York, NY. The average rent for all of these zipcodes is $4,463. A total of 38 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 $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,310. 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 11231, New York, NY is $4,089 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,495 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in 11231, 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	$3,620	$4,200	$5,900	$4,600
10003, New York, NY	$3,530	$4,800	$5,150	$5,350
10019, New York, NY	$3,475	$4,200	$6,500	$4,664
10009, New York, NY	$2,625	$3,695	$4,495	$4,595
10128, New York, NY	$3,265	$3,300	$5,409	$3,965
10038, New York, NY	$3,535	$4,527	$6,350	$4,425
10022, New York, NY	$3,525	$4,500	$5,300	$4,500
10005, New York, NY	$3,575	$4,564	$6,540	$4,334
10011, New York, NY	$3,600	$5,516	$6,895	$4,500
10010, New York, NY	$4,050	$4,888	$5,495	$5,495

Frequently Asked Questions - 11231 Average Rents

What is the average rent price in 11231, New York, NY?

The average monthly rental price for 11231, New York, NY apartments for rent is approximately $5,041. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 11231, 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 11231, New York, NY.

How much is a studio apartment in 11231, New York, NY?

The average monthly rental price for studio apartments is $4,600 and an average price per square feet of $2.71. There are a total of 7 studio apartment listings currently available for rent in 11231.

How much is a one bedroom apartment in 11231, New York, NY?

The average monthly rental price for one bedroom apartments is $3,100 and an average price per square feet of $3.79. There are a total of 6 one bedroom apartment listings currently available for rent in 11231.

How much is a two bedroom apartment in 11231, New York, NY?

The average monthly rental price for two bedroom apartments is $5,041 and an average price per square feet of $3.84. There are a total of 30 two bedroom apartment listings currently available for rent in 11231.

How have rent prices in 11231, New York, NY changed this year?

Rent prices for rentals in 11231, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in 11231, New York, NY?

A reasonable rent price in 11231, New York, NY is around $4,033/month. You can search for these reasonably priced rental listings on RentHop.