Average Rent in Gramercy Park, New York, NY

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Current Versus Historical Gramercy Park, New York, NY Rents

Gramercy Park rentals average $4,095 for a studio rental to $10,200 for a 4-bedroom rental. The median price of all currently available listings is $6,350, or roughly $95 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $244 (6.33%) year-over-year from $3,851 to $4,095. 1-bedroom rentals prices have increased by $120 (2.18%) year-over-year from $5,480 to $5,600. 2-bedroom rentals prices have increased by $454 (7.10%) year-over-year from $6,396 to $6,850. 3-bedroom rentals prices have increased by $589 (7.76%) year-over-year from $7,580 to $8,169. 4-bedroom rentals prices have increased by $937 (10.22%) year-over-year from $9,163 to $10,100. 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 0.95% this month. 1-bedroom rents have gone up by 1.83% this month. 2-bedroom rents have gone up by 6.22% this month. 3-bedroom rents have gone down by 1.42% this month. 4-bedroom rents have gone down by 0.96% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $100.71 $4,095 $3,851 (6.33%) $3,733 (9.69%)
1 BR $95.21 $5,600 $5,480 (2.18%) $4,799 (16.69%)
2 BR $82.55 $6,850 $6,396 (7.10%) $5,265 (30.10%)
3 BR $99.83 $8,169 $7,580 (7.76%) $7,080 (15.37%)
4+ BR $103.43 $10,100 $9,163 (10.22%) $11,242 (-10.16%)

Historical Rents in Gramercy Park, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Gramercy Park

There are a total of 24 cities nearby Gramercy Park. The average rent in Gramercy Park is currently $3,198 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,050, is the most affordable city nearby. In contrast, the most expensive city near Gramercy Park, New York, NY is Westport, CT. Monthly rents here are on average $10,500 per month.

Let's compare Gramercy Park, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Gramercy Park, New York, NY is 52.38% more expensive than other cities nearby. One bedrooms are about 49.29% more expensive. Two bedrooms in Gramercy Park, New York, NY are about 50.52% more expensive. Finally, rent for three bedrooms are about 54.83% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near Gramercy Park, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,600 $1,950 $2,100
Garfield, NJ N/A $1,800 $2,200 $2,475
Hackensack, NJ $1,773 $1,955 $2,650 $2,500
Jersey City, NJ $2,968 $2,843 $2,650 $2,600
Yonkers, NY $2,065 $2,290 $2,500 $2,600
Fort Lee, NJ $1,725 $2,750 $3,000 $3,050
Palisades Park, NJ $1,550 $1,950 $2,875 $3,197
Mount Vernon, NY $1,750 $2,350 $2,600 $3,200
New Rochelle, NY N/A $2,873 $3,000 $3,398
New York, NY $3,795 $4,635 $6,200 $4,850

Top Neighborhoods Near Gramercy Park

There are a total of 70 neighborhoods in or near Gramercy Park. Some of these neighborhoods include Roosevelt Island, Long Island City, and NoHo. We've included the top 30 neighborhoods out of 70 total neighborhoods in or near Gramercy Park, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Gramercy Park, New York, NY is currently around $4,650 per month. A total of 63 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Gramercy Park's average rent, which is actually $6,350. Out of all the neighborhoods in or near Gramercy Park, Brooklawn - St. Vincent has the most affordable average rent at $2,000 per month. Whereas, at $8,750 average rent per month, Two Bridges is the most expensive neighborhood in or near Gramercy Park. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Roosevelt Island, New York, NY $3,610 $4,200 $5,550 $4,550
Long Island City, New York, NY $3,640 $4,607 $6,500 $4,595
NoHo, New York, NY $4,650 $4,500 $15,000 $4,650
Greenpoint, New York, NY $3,645 $4,503 $6,877 $4,735
Hell's Kitchen, New York, NY $3,700 $4,495 $6,450 $4,764
Murray Hill, New York, NY $3,925 $4,995 $7,600 $4,850
Williamsburg, New York, NY $4,000 $4,899 $5,316 $5,000
Midtown South, New York, NY $3,800 $5,500 $7,786 $5,100
Bowery, New York, NY $4,525 $4,734 $5,400 $5,150
Financial District, New York, NY $4,111 $5,390 $7,371 $5,202
Midtown East, New York, NY $3,900 $5,000 $7,495 $5,321
Midtown, New York, NY $4,045 $5,000 $7,567 $5,340
Kips Bay, New York, NY $4,070 $4,793 $6,475 $5,476
NoLita, New York, NY $3,750 $5,495 $6,995 $5,495
Brooklyn Heights, New York, NY $3,850 $4,800 $7,195 $5,500
Hudson Yards, New York, NY $4,350 $5,625 $8,450 $5,650
Greenwich Village, New York, NY $4,700 $6,000 $8,365 $5,650
Battery Park City, New York, NY $4,511 $5,504 $7,659 $5,900
East Village, New York, NY $4,100 $4,295 $6,495 $5,945
Civic Center, New York, NY $5,200 $5,623 $9,498 $5,950
West Village, New York, NY $4,550 $5,650 $7,495 $5,995
Flatiron District, New York, NY $5,000 $6,800 $10,615 $6,000
Chelsea, New York, NY $4,450 $6,095 $9,798 $6,188
Lower East Side, New York, NY $4,123 $4,495 $5,995 $6,245
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $6,297 $7,468 $6,938
SoHo, New York, NY $4,000 $5,495 $8,550 $7,023
NoMad, New York, NY $4,497 $5,995 $8,000 $7,100
Tribeca, New York, NY $5,999 $7,000 $8,495 $7,995
Little Italy, New York, NY $3,700 $3,724 $5,250 $8,295
Two Bridges, New York, NY N/A $5,200 $8,750 $8,750

Top Counties Near Gramercy Park

There are a total of 36 counties located by Gramercy Park, New York, NY. Some of these counties include Newark, NJ, Garfield, NJ, and Hackensack, NJ. The average rent for rentals in these counties is $3,198. That's roughly around $40 per sqft. A total of 36 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,050. Vice versa, with an average rent of $5,470, Manhattan, New York, NY is the most expensive county by Gramercy Park, New York, NY.

Typically, rent for studios in Gramercy Park, New York, NY is 51.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Gramercy Park, New York, NY is 52.74% more expensive than other counties nearby. Finally, rent for two bedrooms in Gramercy Park, New York, NY is 49.32% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,600 $1,950 $2,100
Garfield, NJ N/A $1,800 $2,200 $2,475
Hackensack, NJ $1,773 $1,955 $2,650 $2,500
Jersey City, NJ $2,968 $2,843 $2,650 $2,600
Fort Lee, NJ $1,725 $2,750 $3,000 $3,050
Palisades Park, NJ $1,550 $1,950 $2,875 $3,197
Bronx, New York, NY $2,524 $2,800 $3,452 $3,239
Queens, New York, NY $3,500 $3,600 $4,237 $3,675
Brooklyn, New York, NY $3,579 $4,100 $4,995 $4,200
Manhattan, New York, NY $3,950 $5,125 $6,995 $5,470

Top Zipcodes Near Gramercy Park

There are a total of 50 zipcodes in or near Gramercy Park, New York, NY. The average rent for all of these zipcodes is $4,941. A total of 47 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10031, New York, NY at $3,100 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,684. That's at least $95 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Gramercy Park, New York, NY is $4,542 per month. Or in other words, $90 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,573 per month. Which comes out to $85 per sqft. The following table includes the top 10 zipcodes in Gramercy Park, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10003, New York, NY $4,500 $5,460 $6,995 $5,800
10010, New York, NY $4,497 $4,750 $6,900 $5,500
10016, New York, NY $3,925 $5,085 $7,295 $5,300
10009, New York, NY $3,848 $4,395 $6,320 $6,104
10012, New York, NY $3,898 $5,495 $6,995 $5,495
10011, New York, NY $4,300 $6,300 $7,500 $6,300
10001, New York, NY $4,195 $6,000 $9,790 $5,995
10014, New York, NY $4,970 $5,825 $7,495 $5,950
10017, New York, NY $4,010 $5,000 $10,700 $5,285
10002, New York, NY $4,159 $4,575 $5,995 $5,995

Frequently Asked Questions - Gramercy Park Average Rents

What is the average rent price in Gramercy Park, New York, NY?
The average monthly rental price for Gramercy Park, New York, NY apartments for rent is approximately $6,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Gramercy Park, 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 Gramercy Park, New York, NY.
How much is a studio apartment in Gramercy Park, New York, NY?
The average monthly rental price for studio apartments is $4,095 and an average price per square feet of $100.71. There are a total of 95 studio apartment listings currently available for rent in Gramercy Park.
How much is a one bedroom apartment in Gramercy Park, New York, NY?
The average monthly rental price for one bedroom apartments is $5,300 and an average price per square feet of $95.21. There are a total of 51 one bedroom apartment listings currently available for rent in Gramercy Park.
How much is a two bedroom apartment in Gramercy Park, New York, NY?
The average monthly rental price for two bedroom apartments is $6,063 and an average price per square feet of $82.55. There are a total of 62 two bedroom apartment listings currently available for rent in Gramercy Park.
How have rent prices in Gramercy Park, New York, NY changed this year?
Rent prices for rentals in Gramercy Park, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Gramercy Park, New York, NY?
A reasonable rent price in Gramercy Park, New York, NY is around $5,080/month. You can search for these reasonably priced rental listings on RentHop.
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