Average Rent in Bowery, New York, NY

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Current Versus Historical Bowery, New York, NY Rents

Bowery rentals average $2,600 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,575, or roughly $8 per square feet.
For the apartment units and housing in February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $555 (-18.80%) year-over-year from $2,950 to $2,395. 1-bedroom rentals prices have decreased by $1,031 (-24.37%) year-over-year from $4,230 to $3,199. 2-bedroom rentals prices have decreased by $329 (-8.17%) year-over-year from $4,029 to $3,700. 3-bedroom rentals prices have decreased by $178 (-3.43%) year-over-year from $5,178 to $5,000. 4-bedroom rentals prices have increased by $74,042 (1,242.66%) year-over-year from $5,958 to $80,000. 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 2.81% this month. 1-bedroom rents have gone down by 3.77% this month. 2-bedroom rents have gone down by 8.94% this month. 3-bedroom rents have gone up by 3.27% this month. 4-bedroom rents have gone up by 44.14% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.67 $2,395 $2,950 (-18.80%) $1,993 (20.15%)
1 BR $8.64 $3,199 $4,230 (-24.37%) $2,461 (30.01%)
2 BR $7.64 $3,700 $4,029 (-8.17%) $2,440 (51.66%)
3 BR N/A $5,000 $5,178 (-3.43%) $4,214 (18.65%)

Historical Rents in Bowery, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Bowery

There are a total of 32 cities nearby Bowery. The average rent in Bowery is currently $3,100 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near Bowery, New York, NY is Westport, CT. Monthly rents here are on average $17,750 per month.

Let's compare Bowery, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bowery, New York, NY is 36.30% more expensive than other cities nearby. One bedrooms are about 28.74% more expensive. Two bedrooms in Bowery, New York, NY are about 17.71% more expensive. Finally, rent for three bedrooms are about 18.21% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Bowery, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,225 $2,025 $2,185 $2,300
Bayonne, NJ N/A $2,169 $2,379 $2,399
Elizabeth, NJ $2,350 $1,900 $2,300 $2,500
West New York, NJ N/A $2,591 $2,650 $2,767
Union City, NJ N/A $2,000 $2,700 $2,800
Jersey City, NJ $2,300 $2,850 $2,800 $2,850
Fort Lee, NJ $1,400 $2,600 $3,400 $3,000
Cliffside Park, NJ $1,525 $2,650 $3,200 $3,300
Hoboken, NJ $2,500 $3,186 $3,875 $3,400
New York, NY $3,351 $4,095 $4,904 $4,153

Top Neighborhoods Near Bowery

There are a total of 56 neighborhoods in or near Bowery. Some of these neighborhoods include Clinton Hill, The Waterfront, and Fort Greene. We've included the top 30 neighborhoods out of 56 total neighborhoods in or near Bowery, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Bowery, New York, NY is currently around $3,950 per month. A total of 25 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,950. Interestingly, the neighborhoods' average rent is higher than Bowery's average rent, which is only $3,575. Out of all the neighborhoods in or near Bowery, Elmhurst has the most affordable average rent at $2,460 per month. Whereas, at $8,200 average rent per month, Ocean Beach is the most expensive neighborhood in or near Bowery. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Clinton Hill, New York, NY $3,100 $3,300 $4,757 $3,529
The Waterfront, Jersey City, NJ $2,954 $3,395 $4,600 $3,550
Fort Greene, New York, NY $3,495 $4,150 $6,495 $3,838
NoHo, New York, NY $3,700 $3,875 $6,450 $3,875
Murray Hill, New York, NY $3,450 $3,848 $4,850 $3,900
Downtown Brooklyn, New York, NY $3,492 $4,122 $5,700 $4,110
Long Island City, New York, NY $3,350 $3,995 $5,648 $4,192
Financial District, New York, NY $3,425 $4,350 $5,731 $4,200
Prospect Heights, New York, NY $3,432 $4,195 $5,954 $4,250
Midtown East, New York, NY $3,200 $4,325 $5,850 $4,375
Hell's Kitchen, New York, NY $3,450 $3,999 $5,548 $4,390
Kips Bay, New York, NY $3,670 $3,873 $4,995 $4,403
Williamsburg, New York, NY $3,723 $4,260 $4,249 $4,442
NoLita, New York, NY $3,495 $4,495 $4,995 $4,495
East Village, New York, NY $2,775 $3,595 $4,495 $4,495
Lower East Side, New York, NY $3,693 $3,395 $4,495 $4,495
Hudson Yards, New York, NY $3,703 $4,674 $6,640 $4,695
Greenpoint, New York, NY $3,550 $4,400 $5,200 $4,800
Midtown South, New York, NY $3,575 $4,960 $8,123 $4,900
Chelsea, New York, NY $3,500 $5,160 $7,680 $4,954
Greenwich Village, New York, NY $4,000 $5,195 $6,913 $5,075
West Village, New York, NY $3,600 $5,000 $6,750 $5,100
Midtown, New York, NY $3,500 $4,400 $6,950 $5,248
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,016 $6,257 $5,385
Battery Park City, New York, NY $3,467 $4,030 $7,255 $5,463
NoMad, New York, NY $4,426 $5,525 $8,492 $5,575
Flatiron District, New York, NY $3,999 $5,800 $9,250 $5,800
Gramercy Park, New York, NY $3,760 $5,273 $5,675 $5,995
Tribeca, New York, NY $4,375 $5,698 $7,495 $7,000
SoHo, New York, NY $2,973 $4,000 $10,000 $7,622

Top Counties Near Bowery

There are a total of 56 counties located by Bowery, 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 $3,400. That's roughly around $3 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,800. Vice versa, with an average rent of $17,750, Westport, CT is the most expensive county by Bowery, New York, NY.

Typically, rent for studios in Bowery, New York, NY is 30.77% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Bowery, New York, NY is 24.29% more expensive than other counties nearby. Finally, rent for two bedrooms in Bowery, New York, NY is 19.74% 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 N/A $2,169 $2,379 $2,399
West New York, NJ N/A $2,591 $2,650 $2,767
Jersey City, NJ $2,300 $2,850 $2,800 $2,850
North Bergen, NJ $2,900 $2,000 $2,925 $2,995
Fort Lee, NJ $1,400 $2,600 $3,400 $3,000
Queens, New York, NY $2,720 $2,800 $3,100 $3,150
Cliffside Park, NJ $1,525 $2,650 $3,200 $3,300
Hoboken, NJ $2,500 $3,186 $3,875 $3,400
Brooklyn, New York, NY $3,400 $3,622 $3,668 $3,600
Manhattan, New York, NY $3,395 $4,250 $5,500 $4,400

Top Zipcodes Near Bowery

There are a total of 50 zipcodes in or near Bowery, New York, NY. The average rent for all of these zipcodes is $4,298. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $2,700 per month. In comparison, the zipcode with the most expensive average rent of $9,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,200. 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 Bowery, New York, NY is $3,950 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,062 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Bowery, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10012, New York, NY $3,495 $4,295 $4,995 $4,395
10002, New York, NY $3,693 $3,395 $4,495 $4,400
10003, New York, NY $3,350 $4,800 $5,250 $5,000
10009, New York, NY $2,615 $3,595 $4,495 $4,495
10013, New York, NY $3,500 $5,500 $7,498 $6,675
10007, New York, NY $4,500 $6,163 $8,100 $6,600
10038, New York, NY $3,398 $4,354 $5,718 $4,292
10014, New York, NY $4,448 $5,150 $7,000 $5,750
10010, New York, NY $3,798 $3,795 $5,570 $5,144
10005, New York, NY $3,570 $4,334 $5,450 $4,175

Frequently Asked Questions - Bowery Average Rents

What is the average rent price in Bowery, New York, NY?
The average monthly rental price for Bowery, New York, NY apartments for rent is approximately $3,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Bowery, 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 Bowery, New York, NY.
How much is a studio apartment in Bowery, New York, NY?
The average monthly rental price for studio apartments is $2,600 and an average price per square feet of $8.67. There are a total of 13 studio apartment listings currently available for rent in Bowery.
How much is a one bedroom apartment in Bowery, New York, NY?
The average monthly rental price for one bedroom apartments is $3,236 and an average price per square feet of $8.64. There are a total of 20 one bedroom apartment listings currently available for rent in Bowery.
How much is a two bedroom apartment in Bowery, New York, NY?
The average monthly rental price for two bedroom apartments is $3,795 and an average price per square feet of $7.64. There are a total of 45 two bedroom apartment listings currently available for rent in Bowery.
How have rent prices in Bowery, New York, NY changed this year?
Rent prices for rentals in Bowery, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.19%, one bedroom rental prices have changed by -0.24%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Bowery, New York, NY?
A reasonable rent price in Bowery, New York, NY is around $2,860/month. You can search for these reasonably priced rental listings on RentHop.
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