Average Rent in Alphabet City, New York, NY

Current Versus Historical Alphabet City, New York, NY Rents

Alphabet City rentals average $2,871 for a studio rental to $8,495 for a 4-bedroom rental. The median price of all currently available listings is $4,395, or roughly $7 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 $199 (7.39%) year-over-year from $2,699 to $2,898. 1-bedroom rentals prices have increased by $100 (2.78%) year-over-year from $3,595 to $3,695. 2-bedroom rentals prices have increased by $6 (0.13%) year-over-year from $4,489 to $4,495. 3-bedroom rentals prices have decreased by $33 (-0.58%) year-over-year from $5,728 to $5,695. 4-bedroom rentals prices have increased by $648 (8.26%) year-over-year from $7,847 to $8,495. 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 6.70% this month. 1-bedroom rents have gone up by 1.33% this month. 2-bedroom rents have gone up by 1.51% this month. 3-bedroom rents have gone up by 2.64% this month. 4-bedroom rents have gone up by 7.35% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,898	$2,699 (7.39%)	$2,082 (39.20%)
1 BR	$7.61	$3,695	$3,595 (2.78%)	$2,730 (35.33%)
2 BR	$5.71	$4,495	$4,489 (0.13%)	$3,283 (36.90%)
3 BR	$7.20	$5,695	$5,728 (-0.58%)	$4,639 (22.76%)
4+ BR	$6.75	$8,495	$7,847 (8.26%)	$6,350 (33.78%)

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 34 cities nearby Alphabet City. The average rent in Alphabet City is currently $3,525 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 $1,900, 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 $16,000 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 44.26% more expensive than other cities nearby. One bedrooms are about 38.43% more expensive. Two bedrooms in Alphabet City, New York, NY are about 30.53% more expensive. Finally, rent for three bedrooms are about 21.51% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near Alphabet City, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,975	$2,075	$2,100	$2,300
Bayonne, NJ	$2,275	$2,036	$2,524	$2,500
Jersey City, NJ	$2,348	$2,700	$2,675	$2,795
Union City, NJ	$1,850	$2,150	$2,800	$2,800
West New York, NJ	$1,700	$2,550	$3,200	$2,850
Fort Lee, NJ	$1,500	$2,375	$3,600	$3,100
Cliffside Park, NJ	N/A	$2,125	$3,348	$3,300
Palisades Park, NJ	N/A	$1,800	$2,750	$3,500
Hoboken, NJ	$3,056	$3,225	$3,950	$3,550
New York, NY	$3,540	$4,200	$5,143	$4,400

Top Neighborhoods Near Alphabet City

There are a total of 53 neighborhoods in or near Alphabet City. Some of these neighborhoods include The Waterfront, Fort Greene, and Clinton Hill. We've included the top 30 neighborhoods out of 53 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 $4,300 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,300. Out of all the neighborhoods in or near Alphabet City, 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 Alphabet City. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
The Waterfront, Jersey City, NJ	$3,021	$3,494	$4,950	$3,635
Fort Greene, New York, NY	$3,560	$4,540	$5,363	$3,730
Clinton Hill, New York, NY	$3,152	$3,600	$5,843	$3,790
Long Island City, New York, NY	$3,323	$3,950	$6,000	$3,950
Bowery, New York, NY	$2,870	$3,575	$4,250	$3,995
Downtown Brooklyn, New York, NY	$3,410	$4,255	$5,927	$4,260
Murray Hill, New York, NY	$3,459	$4,200	$6,200	$4,300
Financial District, New York, NY	$3,600	$4,500	$6,400	$4,375
NoLita, New York, NY	$3,900	$4,495	$5,298	$4,495
Hudson Yards, New York, NY	$3,644	$4,250	$6,700	$4,500
Midtown East, New York, NY	$3,400	$4,325	$5,595	$4,500
East Village, New York, NY	$2,738	$3,650	$4,595	$4,695
Greenwich Village, New York, NY	$3,530	$4,800	$5,013	$4,700
Williamsburg, New York, NY	$3,650	$4,551	$4,650	$4,750
West Village, New York, NY	$3,998	$5,273	$6,750	$4,800
Kips Bay, New York, NY	$3,806	$4,095	$5,329	$4,995
Little Italy, New York, NY	$3,900	$5,000	$5,500	$5,000
Midtown South, New York, NY	$3,525	$5,000	$6,865	$5,000
Lower East Side, New York, NY	$2,625	$3,395	$4,495	$5,195
Chelsea, New York, NY	$3,855	$5,477	$7,793	$5,200
Greenpoint, New York, NY	$3,454	$4,583	$5,550	$5,200
NoHo, New York, NY	$4,000	$5,300	$7,750	$5,328
Battery Park City, New York, NY	$3,745	$4,888	$6,750	$5,500
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,052	$5,887	$5,594
NoMad, New York, NY	$4,385	$5,590	$8,346	$5,672
Flatiron District, New York, NY	$4,050	$5,900	$9,000	$5,850
Midtown, New York, NY	$3,225	$4,400	$6,650	$5,988
Gramercy Park, New York, NY	$3,815	$5,095	$5,480	$6,395
Tribeca, New York, NY	$4,425	$5,895	$7,295	$6,800
SoHo, New York, NY	$4,850	$4,450	$13,500	$7,950

Top Counties Near Alphabet City

There are a total of 53 counties located by Alphabet City, New York, NY. Some of these counties include Bayonne, NJ, Jersey City, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,556. That's roughly around $3 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,900. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Alphabet City, New York, NY.

Typically, rent for studios in Alphabet City, New York, NY is 44.26% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Alphabet City, New York, NY is 27.60% more expensive than other counties nearby. Finally, rent for two bedrooms in Alphabet City, New York, NY is 27.42% 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	$2,275	$2,036	$2,524	$2,500
Jersey City, NJ	$2,348	$2,700	$2,675	$2,795
North Bergen, NJ	$2,149	$2,100	$2,875	$2,800
West New York, NJ	$1,700	$2,550	$3,200	$2,850
Cliffside Park, NJ	N/A	$2,125	$3,348	$3,300
Queens, New York, NY	$3,204	$2,997	$3,425	$3,350
Palisades Park, NJ	N/A	$1,800	$2,750	$3,500
Hoboken, NJ	$3,056	$3,225	$3,950	$3,550
Brooklyn, New York, NY	$3,475	$3,995	$4,100	$3,950
Manhattan, New York, NY	$3,595	$4,342	$5,600	$4,595

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 $4,495. A total of 22 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 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,260. 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 $3,990 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,555 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	$2,625	$3,695	$4,550	$4,595
10003, New York, NY	$3,530	$4,800	$5,200	$5,450
10002, New York, NY	$2,625	$3,448	$4,495	$4,595
10012, New York, NY	$3,900	$4,395	$5,600	$4,495
10010, New York, NY	$4,050	$4,804	$5,455	$5,503
10016, New York, NY	$3,650	$4,200	$5,700	$4,495
11211, New York, NY	$3,679	$4,642	$5,300	$4,900
10013, New York, NY	$3,950	$5,250	$7,500	$6,295
10007, New York, NY	$4,425	$6,500	$8,395	$6,500
10038, New York, NY	$3,550	$4,510	$6,350	$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 $4,395. 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 $2,871 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 $3,695 and an average price per square feet of $7.61. There are a total of 154 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 $4,495 and an average price per square feet of $5.71. There are a total of 154 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 0.07%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.01% 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 $3,516/month. You can search for these reasonably priced rental listings on RentHop.