Average Rent in East Village, New York, NY

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Current Versus Historical East Village, New York, NY Rents

East Village rentals average $2,775 for a studio rental to $7,595 for a 4-bedroom rental. The median price of all currently available listings is $4,495, or roughly $6 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $283 (-9.74%) year-over-year from $2,908 to $2,625. 1-bedroom rentals prices have decreased by $1 (-0.02%) year-over-year from $3,498 to $3,498. 2-bedroom rentals prices have decreased by $67 (-1.46%) year-over-year from $4,562 to $4,495. 3-bedroom rentals prices have decreased by $153 (-2.71%) year-over-year from $5,651 to $5,498. 4-bedroom rentals prices have increased by $532 (7.12%) year-over-year from $7,463 to $7,995. 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 down by 0.82% this month. 1-bedroom rents have gone up by 0.05% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 0.58% this month. 4-bedroom rents have gone up by 4.35% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.98 $2,625 $2,908 (-9.74%) $2,103 (24.83%)
1 BR $6.43 $3,498 $3,498 (-0.02%) $2,532 (38.15%)
2 BR $6.14 $4,495 $4,562 (-1.46%) $3,279 (37.09%)
3 BR $5.84 $5,498 $5,651 (-2.71%) $4,567 (20.38%)
4+ BR $6.81 $7,995 $7,463 (7.12%) $6,133 (30.36%)

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 31 cities nearby East Village. The average rent in East Village is currently $3,000 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 East Village, New York, NY is Westport, CT. Monthly rents here are on average $15,725 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 40.54% more expensive than other cities nearby. One bedrooms are about 36.25% more expensive. Two bedrooms in East Village, New York, NY are about 28.81% more expensive. Finally, rent for three bedrooms are about 19.57% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near East Village, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,150 $2,098 $2,100 $2,350
Bayonne, NJ N/A $2,047 $2,300 $2,357
Elizabeth, NJ $1,874 $1,725 $2,250 $2,400
West New York, NJ N/A $2,475 $2,825 $2,698
Jersey City, NJ $2,795 $2,700 $2,650 $2,750
Union City, NJ $1,900 $2,250 $2,800 $2,800
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Cliffside Park, NJ N/A $2,125 $3,200 $3,000
Hoboken, NJ $2,740 $3,240 $4,200 $3,700
New York, NY $3,495 $4,195 $5,000 $4,334

Top Neighborhoods Near East Village

There are a total of 57 neighborhoods in or near East Village. Some of these neighborhoods include Clinton Hill, The Waterfront, and Fort Greene. We've included the top 30 neighborhoods out of 57 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 $4,198 per month. A total of 32 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 $8,125 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
Clinton Hill, New York, NY $3,035 $3,500 $5,781 $3,500
The Waterfront, Jersey City, NJ $3,026 $3,500 $5,068 $3,664
Fort Greene, New York, NY $3,517 $4,628 $6,350 $3,889
Bowery, New York, NY $2,870 $3,450 $4,075 $3,899
Long Island City, New York, NY $3,293 $4,001 $5,882 $4,039
Downtown Brooklyn, New York, NY $3,400 $4,210 $5,765 $4,198
Financial District, New York, NY $3,500 $4,455 $6,457 $4,263
NoLita, New York, NY $3,495 $4,495 $4,895 $4,495
Hell's Kitchen, New York, NY $3,435 $4,170 $6,000 $4,500
Midtown East, New York, NY $3,275 $4,200 $5,650 $4,500
Lower East Side, New York, NY $3,748 $3,395 $4,495 $4,622
Murray Hill, New York, NY $3,550 $4,235 $6,634 $4,650
Williamsburg, New York, NY $3,626 $4,448 $4,650 $4,670
Kips Bay, New York, NY $3,783 $4,024 $5,095 $4,695
Greenwich Village, New York, NY $4,150 $4,800 $5,310 $4,800
West Village, New York, NY $4,200 $4,595 $5,400 $4,800
Midtown South, New York, NY $3,815 $4,895 $6,995 $4,895
Battery Park City, New York, NY $3,550 $4,388 $6,350 $4,900
Greenpoint, New York, NY $3,495 $4,308 $5,550 $4,949
Midtown, New York, NY $3,550 $4,350 $6,600 $4,960
NoHo, New York, NY $4,000 $5,000 $7,750 $5,000
Hudson Yards, New York, NY $3,783 $4,684 $6,950 $5,068
Flatiron District, New York, NY $4,050 $5,900 $9,071 $5,150
Chelsea, New York, NY $3,815 $5,438 $7,655 $5,160
Little Italy, New York, NY $3,900 $5,250 $4,895 $5,500
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,079 $6,075 $5,575
NoMad, New York, NY $4,446 $5,596 $8,123 $5,874
Gramercy Park, New York, NY $3,815 $5,000 $5,312 $6,100
Tribeca, New York, NY $4,250 $6,150 $7,295 $6,895
SoHo, New York, NY $2,973 $3,950 $13,500 $7,725

Top Counties Near East Village

There are a total of 57 counties located by East Village, 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 $3,750. That's roughly around $3 per sqft. A total of 31 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 $15,725, Westport, CT is the most expensive county by East Village, New York, NY.

Typically, rent for studios in East Village, New York, NY is 32.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in East Village, New York, NY is 31.67% more expensive than other counties nearby. Finally, rent for two bedrooms in East Village, New York, NY is 28.39% 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 $2,047 $2,300 $2,357
West New York, NJ N/A $2,475 $2,825 $2,698
Jersey City, NJ $2,795 $2,700 $2,650 $2,750
North Bergen, NJ $2,250 $2,125 $2,850 $2,850
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Cliffside Park, NJ N/A $2,125 $3,200 $3,000
Queens, New York, NY $2,950 $2,760 $3,100 $3,200
Hoboken, NJ $2,740 $3,240 $4,200 $3,700
Brooklyn, New York, NY $3,468 $3,925 $4,000 $3,860
Manhattan, New York, NY $3,500 $4,319 $5,500 $4,510

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 $4,476. A total of 27 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 $3,188. 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 $4,048 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,374 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 $3,600 $4,495 $4,495
10003, New York, NY $3,815 $4,800 $5,075 $4,995
10002, New York, NY $3,695 $3,395 $4,495 $4,600
10012, New York, NY $3,495 $4,395 $4,895 $4,495
10010, New York, NY $4,027 $4,285 $5,415 $5,275
10016, New York, NY $3,610 $4,239 $5,995 $4,695
10013, New York, NY $3,963 $5,500 $7,500 $7,095
10007, New York, NY $4,250 $6,125 $7,800 $6,554
10014, New York, NY $4,750 $4,595 $6,073 $5,100
11211, New York, NY $3,626 $4,509 $4,800 $4,750

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 $4,495. 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 $2,775 and an average price per square feet of $8.98. There are a total of 77 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 $3,600 and an average price per square feet of $6.43. There are a total of 323 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 $4,495 and an average price per square feet of $6.14. There are a total of 404 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 -0.10%, 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 -0.03% 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 $3,596/month. You can search for these reasonably priced rental listings on RentHop.
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