Average Rent in East Village, New York, NY

Current Versus Historical East Village, New York, NY Rents

East Village rentals average $2,738 for a studio rental to $8,000 for a 4-bedroom rental. The median price of all currently available listings is $4,650, 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 decreased by $242 (-8.08%) year-over-year from $2,992 to $2,750. 1-bedroom rentals prices have increased by $8 (0.23%) year-over-year from $3,592 to $3,600. 2-bedroom rentals prices have decreased by $63 (-1.36%) year-over-year from $4,658 to $4,595. 3-bedroom rentals prices have decreased by $84 (-1.44%) year-over-year from $5,834 to $5,750. 4-bedroom rentals prices have increased by $37 (0.46%) year-over-year from $7,963 to $8,000. 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 2.80% this month. 1-bedroom rents have gone up by 1.98% this month. 2-bedroom rents have gone up by 1.47% this month. 3-bedroom rents have gone up by 3.29% this month. 4-bedroom rents have gone up by 3.69% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$8.98	$2,750	$2,992 (-8.08%)	$2,265 (21.44%)
1 BR	$6.43	$3,600	$3,592 (0.23%)	$2,630 (36.88%)
2 BR	$7.03	$4,595	$4,658 (-1.36%)	$3,425 (34.17%)
3 BR	$7.10	$5,750	$5,834 (-1.44%)	$4,667 (23.21%)
4+ BR	$6.46	$8,000	$7,963 (0.46%)	$6,465 (23.75%)

Historical Rents in East Village, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near East Village

There are a total of 34 cities nearby East Village. The average rent in East Village is currently $3,494 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 $1,900, is the most affordable city nearby. In contrast, the most expensive city near East Village, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare East Village, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in East Village, New York, NY is 42.92% more expensive than other cities nearby. One bedrooms are about 39.41% more expensive. Two bedrooms in East Village, New York, NY are about 34.11% more expensive. Finally, rent for three bedrooms are about 22.38% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near East Village, 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	$2,047	$2,524	$2,500
Union City, NJ	$1,850	$2,150	$2,800	$2,800
Jersey City, NJ	$2,826	$2,700	$2,700	$2,800
West New York, NJ	$1,700	$2,550	$3,025	$2,825
Fort Lee, NJ	$1,450	$2,250	$3,300	$3,000
Cliffside Park, NJ	N/A	$2,125	$3,350	$3,345
Palisades Park, NJ	$1,675	$1,950	$2,750	$3,500
Hoboken, NJ	$3,056	$3,250	$3,950	$3,610
New York, NY	$3,535	$4,200	$5,100	$4,400

Top Neighborhoods Near East Village

There are a total of 51 neighborhoods in or near East Village. Some of these neighborhoods include The Waterfront, Clinton Hill, and Fort Greene. We've included the top 30 neighborhoods out of 51 total neighborhoods in or near East Village, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near East Village, New York, NY is currently around $4,370 per month. A total of 31 neighborhoods have a lower average rent. Out of all the neighborhoods in or near East Village, 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 East Village. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
The Waterfront, Jersey City, NJ	$3,021	$3,500	$4,950	$3,600
Clinton Hill, New York, NY	$3,101	$3,600	$5,843	$3,750
Fort Greene, New York, NY	$3,560	$4,500	$5,875	$3,799
Long Island City, New York, NY	$3,323	$3,954	$6,000	$3,952
Bowery, New York, NY	$2,870	$3,575	$4,250	$3,995
Downtown Brooklyn, New York, NY	$3,421	$4,255	$6,011	$4,264
Financial District, New York, NY	$3,598	$4,500	$6,450	$4,370
Murray Hill, New York, NY	$3,500	$4,200	$6,200	$4,488
Hell's Kitchen, New York, NY	$3,500	$4,034	$5,876	$4,495
NoLita, New York, NY	$3,900	$4,495	$4,995	$4,495
Hudson Yards, New York, NY	$3,644	$4,295	$6,695	$4,500
Midtown East, New York, NY	$3,400	$4,350	$5,650	$4,566
Lower East Side, New York, NY	$2,765	$3,445	$4,495	$4,700
Williamsburg, New York, NY	$3,665	$4,509	$4,650	$4,714
Greenwich Village, New York, NY	$3,590	$4,800	$5,013	$4,770
West Village, New York, NY	$3,900	$5,200	$6,750	$4,800
Kips Bay, New York, NY	$3,803	$4,100	$5,339	$4,995
Midtown South, New York, NY	$3,560	$5,000	$6,865	$5,000
Little Italy, New York, NY	$3,900	$5,000	$5,500	$5,123
Greenpoint, New York, NY	$3,454	$4,574	$5,550	$5,200
Chelsea, New York, NY	$3,880	$5,430	$7,795	$5,200
NoHo, New York, NY	$4,000	$5,300	$7,875	$5,350
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	$5,951	$5,594
NoMad, New York, NY	$4,444	$5,589	$8,401	$5,667
Midtown, New York, NY	$3,200	$4,400	$6,650	$5,750
Flatiron District, New York, NY	$4,050	$5,873	$8,821	$5,825
Gramercy Park, New York, NY	$3,815	$5,086	$5,675	$6,395
Tribeca, New York, NY	$4,425	$5,895	$7,295	$6,800
SoHo, New York, NY	$4,850	$4,725	$13,500	$7,950

Top Counties Near East Village

There are a total of 51 counties located by East Village, New York, NY. Some of these counties include Bayonne, NJ, Jersey City, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,556. That's roughly around $3 per sqft. A total of 32 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 East Village, New York, NY.

Typically, rent for studios in East Village, New York, NY is 42.47% more expensive than other counties nearby. In comparison, rent for one bedroom listings in East Village, New York, NY is 27.16% more expensive than other counties nearby. Finally, rent for two bedrooms in East Village, New York, NY is 29.00% 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	$2,826	$2,700	$2,700	$2,800
West New York, NJ	$1,700	$2,550	$3,025	$2,825
North Bergen, NJ	$2,149	$2,100	$2,875	$2,825
Fort Lee, NJ	$1,450	$2,375	$3,575	$3,095
Cliffside Park, NJ	N/A	$2,125	$3,350	$3,345
Palisades Park, NJ	N/A	$1,850	$2,750	$3,500
Hoboken, NJ	$3,056	$3,225	$3,950	$3,550
Brooklyn, New York, NY	$3,479	$3,900	$4,000	$3,900
Manhattan, New York, NY	$3,585	$4,332	$5,594	$4,595

Top Zipcodes Near East Village

There are a total of 50 zipcodes in or near East Village, New York, NY. The average rent for all of these zipcodes is $4,498. A total of 31 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 East Village, New York, NY is $3,992 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,527 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in East Village, 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	$4,532	$4,595
10003, New York, NY	$3,553	$4,800	$5,110	$5,350
10002, New York, NY	$2,695	$3,497	$4,495	$4,595
10012, New York, NY	$3,900	$4,395	$5,600	$4,495
10010, New York, NY	$4,050	$4,798	$5,495	$5,500
10016, New York, NY	$3,650	$4,200	$5,763	$4,530
10013, New York, NY	$3,950	$5,250	$7,498	$6,295
10007, New York, NY	$4,400	$6,500	$8,395	$6,548
10014, New York, NY	$4,745	$5,450	$6,750	$4,995
11211, New York, NY	$3,682	$4,641	$5,400	$4,881

Frequently Asked Questions - East Village Average Rents

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

The average monthly rental price for East Village, New York, NY apartments for rent is approximately $4,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do East Village, 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 East Village, New York, NY.

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

The average monthly rental price for studio apartments is $2,738 and an average price per square feet of $8.98. There are a total of 88 studio apartment listings currently available for rent in East Village.

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

The average monthly rental price for one bedroom apartments is $3,673 and an average price per square feet of $6.43. There are a total of 292 one bedroom apartment listings currently available for rent in East Village.

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

The average monthly rental price for two bedroom apartments is $4,595 and an average price per square feet of $7.03. There are a total of 484 two bedroom apartment listings currently available for rent in East Village.

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

Rent prices for rentals in East Village, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, 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 -0.01% year-over-year.

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

A reasonable rent price in East Village, New York, NY is around $3,720/month. You can search for these reasonably priced rental listings on RentHop.