Average Rent in Alphabet City, New York, NY

Current Versus Historical Alphabet City, New York, NY Rents

Alphabet City rentals average $2,843 for a studio rental to $8,995 for a 4-bedroom rental. The median price of all currently available listings is $4,595, or roughly $7 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $161 (5.99%) year-over-year from $2,682 to $2,843. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,695 to $3,695. 2-bedroom rentals prices have decreased by $63 (-1.39%) year-over-year from $4,563 to $4,500. 3-bedroom rentals prices have increased by $422 (7.23%) year-over-year from $5,828 to $6,250. 4-bedroom rentals prices have increased by $965 (12.02%) year-over-year from $8,030 to $8,995. 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 up by 2.26% this month. 1-bedroom rents have gone up by 0.41% this month. 2-bedroom rents have gone up by 0.82% this month. 3-bedroom rents have gone up by 7.14% this month. 4-bedroom rents have gone up by 6.49% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,843	$2,682 (5.99%)	$2,215 (28.34%)
1 BR	$7.76	$3,695	$3,695 (0.00%)	$2,930 (26.09%)
2 BR	$6.25	$4,500	$4,563 (-1.39%)	$3,417 (31.71%)
3 BR	$4.99	$6,250	$5,828 (7.23%)	$4,832 (29.35%)
4+ BR	$6.96	$8,995	$8,030 (12.02%)	$6,350 (41.65%)

Historical Rents in Alphabet City, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Alphabet City

There are a total of 32 cities nearby Alphabet City. The average rent in Alphabet City is currently $3,675 per month. A total of 23 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Alphabet City, New York, NY is Westport, CT. Monthly rents here are on average $14,800 per month.

Let's compare Alphabet City, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Alphabet City, New York, NY is 46.36% more expensive than other cities nearby. One bedrooms are about 42.07% more expensive. Two bedrooms in Alphabet City, New York, NY are about 31.36% more expensive. Finally, rent for three bedrooms are about 30.40% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Alphabet City, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,975	$1,850	$2,100	$2,350
Bayonne, NJ	$2,125	$2,100	$2,516	$2,500
West New York, NJ	$1,700	$2,500	$2,790	$2,740
Union City, NJ	$1,800	$2,100	$2,750	$2,800
Jersey City, NJ	$2,250	$2,995	$2,650	$2,800
Fort Lee, NJ	$1,900	$2,450	$3,400	$3,000
Cliffside Park, NJ	N/A	$2,200	$3,550	$3,600
Edgewater, NJ	$2,175	$2,350	$3,700	$3,750
Hoboken, NJ	$2,350	$3,250	$4,200	$3,850
New York, NY	$3,629	$4,350	$5,295	$4,500

Top Neighborhoods Near Alphabet City

There are a total of 54 neighborhoods in or near Alphabet City. Some of these neighborhoods include Fort Greene, NoHo, and Bowery. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near Alphabet City, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Alphabet City, New York, NY is currently around $4,336 per month. A total of 30 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Alphabet City, Bergen - Lafayette has the most affordable average rent at $2,700 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Alphabet City. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Fort Greene, New York, NY	$3,495	$4,246	$6,495	$3,715
NoHo, New York, NY	$4,000	$4,125	$7,875	$4,100
Bowery, New York, NY	$2,800	$3,499	$4,199	$4,199
Brooklyn Heights, New York, NY	$3,850	$3,858	$6,950	$4,229
Downtown Brooklyn, New York, NY	$3,425	$4,255	$5,950	$4,272
Murray Hill, New York, NY	$3,550	$4,396	$5,945	$4,300
Financial District, New York, NY	$3,650	$4,615	$6,500	$4,371
NoLita, New York, NY	$3,480	$4,495	$4,995	$4,495
Clinton Hill, New York, NY	$3,070	$3,963	$4,993	$4,525
West Village, New York, NY	$4,095	$4,650	$6,875	$4,773
Greenwich Village, New York, NY	$4,150	$5,000	$4,995	$4,800
Midtown East, New York, NY	$3,400	$4,500	$5,523	$4,885
Williamsburg, New York, NY	$3,950	$4,737	$4,750	$4,892
East Village, New York, NY	$2,843	$3,625	$4,895	$4,900
Midtown South, New York, NY	$3,525	$5,000	$7,745	$5,000
Kips Bay, New York, NY	$3,885	$4,158	$5,483	$5,063
Greenpoint, New York, NY	$3,609	$4,400	$5,550	$5,150
Flatiron District, New York, NY	$4,150	$5,900	$9,250	$5,198
Hudson Yards, New York, NY	$3,890	$5,174	$7,411	$5,350
Little Italy, New York, NY	$3,900	$5,000	$5,495	$5,395
Chelsea, New York, NY	$3,995	$5,604	$8,200	$5,495
Stuyvesant Town - Peter Cooper Village, New York, NY	$4,663	$5,057	$6,075	$5,509
DUMBO, New York, NY	$4,125	$5,250	$7,068	$5,577
Lower East Side, New York, NY	$3,800	$4,195	$4,595	$5,595
NoMad, New York, NY	$4,426	$5,613	$8,591	$5,659
Midtown, New York, NY	$3,616	$4,685	$6,550	$5,663
Battery Park City, New York, NY	$4,200	$4,990	$7,245	$5,875
Gramercy Park, New York, NY	$3,795	$5,135	$5,495	$5,895
Tribeca, New York, NY	$4,350	$6,115	$8,340	$6,500
SoHo, New York, NY	$5,725	$4,900	$9,750	$6,578

Top Counties Near Alphabet City

There are a total of 54 counties located by Alphabet City, New York, NY. Some of these counties include Bayonne, NJ, West New York, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,950. That's roughly around $3 per sqft. A total of 25 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,975. Vice versa, with an average rent of $14,800, Westport, CT is the most expensive county by Alphabet City, New York, NY.

Typically, rent for studios in Alphabet City, New York, NY is 40.20% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Alphabet City, New York, NY is 32.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Alphabet City, New York, NY is 24.44% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Bayonne, NJ	$2,125	$2,100	$2,516	$2,500
West New York, NJ	$1,700	$2,500	$2,790	$2,740
Jersey City, NJ	$2,250	$2,995	$2,650	$2,800
North Bergen, NJ	$2,300	$1,900	$3,042	$2,850
Fort Lee, NJ	$1,900	$2,450	$3,400	$3,000
Cliffside Park, NJ	N/A	$2,200	$3,550	$3,600
Queens, New York, NY	$3,204	$3,150	$4,150	$3,600
Hoboken, NJ	$2,350	$3,250	$4,200	$3,850
Brooklyn, New York, NY	$3,612	$4,050	$4,200	$4,050
Manhattan, New York, NY	$3,659	$4,495	$5,595	$4,695

Top Zipcodes Near Alphabet City

There are a total of 50 zipcodes in or near Alphabet City, New York, NY. The average rent for all of these zipcodes is $4,566. A total of 26 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 $2,800 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,381. 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 Alphabet City, New York, NY is $4,037 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,354 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Alphabet City, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10009, New York, NY	$2,700	$3,695	$4,750	$4,850
10003, New York, NY	$4,000	$4,175	$5,595	$5,400
10002, New York, NY	$3,800	$3,995	$4,395	$5,495
10012, New York, NY	$3,480	$4,395	$4,995	$4,495
10010, New York, NY	$4,050	$5,184	$5,498	$5,382
10016, New York, NY	$3,671	$4,340	$5,695	$4,600
11211, New York, NY	$3,950	$4,760	$5,600	$5,162
10013, New York, NY	$3,989	$5,000	$7,245	$5,850
10007, New York, NY	$4,500	$6,225	$9,059	$6,500
10038, New York, NY	$3,650	$4,650	$6,375	$4,500

Frequently Asked Questions - Alphabet City Average Rents

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

The average monthly rental price for Alphabet City, New York, NY apartments for rent is approximately $4,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Alphabet City, 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 Alphabet City, New York, NY.

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

The average monthly rental price for studio apartments is $2,843 and an average price per square feet of $0. There are a total of 42 studio apartment listings currently available for rent in Alphabet City.

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

The average monthly rental price for one bedroom apartments is $3,625 and an average price per square feet of $7.76. There are a total of 102 one bedroom apartment listings currently available for rent in Alphabet City.

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

The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $6.25. There are a total of 163 two bedroom apartment listings currently available for rent in Alphabet City.

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

Rent prices for rentals in Alphabet City, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.07% year-over-year.

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

A reasonable rent price in Alphabet City, New York, NY is around $3,676/month. You can search for these reasonably priced rental listings on RentHop.