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 $4,800 for a studio rental to $9,998 for a 4-bedroom rental. The median price of all currently available listings is $6,800, or roughly $102 per square feet.
For the apartment units and housing in August 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $778 (19.33%) year-over-year from $4,023 to $4,800. 1-bedroom rentals prices have increased by $742 (12.66%) year-over-year from $5,858 to $6,600. 2-bedroom rentals prices have decreased by $228 (-3.55%) year-over-year from $6,428 to $6,200. 3-bedroom rentals prices have increased by $1,382 (18.15%) year-over-year from $7,613 to $8,995. 4-bedroom rentals prices have increased by $201 (2.05%) year-over-year from $9,797 to $9,998. 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 10.85% this month. 1-bedroom rents have gone up by 13.47% this month. 2-bedroom rents have gone down by 6.29% this month. 3-bedroom rents have gone up by 6.50% this month. 4-bedroom rents have gone down by 2.30% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $95.45 $4,800 $4,023 (19.33%) $3,733 (28.57%)
1 BR $100.70 $6,600 $5,858 (12.66%) $4,899 (34.72%)
2 BR $104.65 $6,200 $6,428 (-3.55%) $5,398 (14.85%)
3 BR $100.70 $8,995 $7,613 (18.15%) $7,080 (27.05%)
4+ BR $93.74 $9,998 $9,797 (2.05%) $16,841 (-40.63%)

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 25 cities nearby Gramercy Park. The average rent in Gramercy Park is currently $3,050 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,049, 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 $8,975 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 57.29% more expensive than other cities nearby. One bedrooms are about 59.18% more expensive. Two bedrooms in Gramercy Park, New York, NY are about 47.49% more expensive. Finally, rent for three bedrooms are about 56.36% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Gramercy Park, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,550 $1,500 $1,900 $2,099
Kearny, NJ N/A $1,750 $2,125 $2,100
Jersey City, NJ $2,907 $2,700 $2,200 $2,400
Garfield, NJ $1,550 $1,800 $2,250 $2,400
Bayonne, NJ $2,250 $2,595 $3,400 $2,550
Yonkers, NY $1,900 $2,350 $2,550 $2,600
Fort Lee, NJ $1,500 $2,250 $3,398 $3,000
Cliffside Park, NJ N/A $2,125 $2,700 $3,050
Palisades Park, NJ $1,850 $1,975 $2,800 $3,300
New York, NY $3,900 $4,670 $6,138 $4,895

Top Neighborhoods Near Gramercy Park

There are a total of 71 neighborhoods in or near Gramercy Park. Some of these neighborhoods include Long Island City, Greenpoint, and Midtown South. We've included the top 30 neighborhoods out of 71 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 $4,575 per month. A total of 67 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Gramercy Park's average rent, which is actually $6,800. Out of all the neighborhoods in or near Gramercy Park, East Side has the most affordable average rent at $2,000 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Gramercy Park. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Long Island City, New York, NY $3,694 $4,530 $6,753 $4,536
Greenpoint, New York, NY $3,645 $4,600 $7,000 $4,660
Midtown South, New York, NY $3,800 $5,100 $7,946 $4,750
NoHo, New York, NY $4,750 $4,600 $12,000 $4,750
Murray Hill, New York, NY $4,050 $5,075 $7,995 $4,871
Midtown, New York, NY $3,895 $4,900 $7,952 $4,950
Brooklyn Heights, New York, NY $4,050 $5,000 $6,894 $4,979
Hell's Kitchen, New York, NY $3,750 $4,595 $6,400 $4,995
Roosevelt Island, New York, NY $3,720 $4,200 $5,600 $5,000
Williamsburg, New York, NY $4,105 $5,042 $5,816 $5,090
Financial District, New York, NY $4,180 $5,353 $7,200 $5,151
Midtown East, New York, NY $4,100 $5,300 $7,459 $5,300
NoLita, New York, NY $2,100 $4,995 $7,995 $5,495
Kips Bay, New York, NY $3,935 $4,650 $6,000 $5,500
Hudson Yards, New York, NY $4,400 $5,495 $8,258 $5,500
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $5,387 $6,225 $5,579
East Village, New York, NY $4,100 $4,295 $6,200 $5,600
Bowery, New York, NY $3,299 $3,999 $6,125 $5,698
Battery Park City, New York, NY $4,062 $5,350 $7,490 $5,746
Lower East Side, New York, NY $4,307 $4,495 $5,995 $5,995
Two Bridges, New York, NY N/A $5,295 $8,750 $5,995
Chelsea, New York, NY $4,525 $5,995 $9,700 $6,000
West Village, New York, NY $4,800 $5,850 $7,000 $6,225
NoMad, New York, NY $4,558 $5,995 $7,995 $6,250
Greenwich Village, New York, NY $4,975 $6,595 $8,255 $6,300
DUMBO, New York, NY $5,010 $5,292 $7,711 $6,504
Flatiron District, New York, NY $4,850 $6,600 $10,210 $6,600
SoHo, New York, NY $4,250 $5,495 $10,700 $7,600
Little Italy, New York, NY $3,598 $3,700 $3,899 $7,995
Tribeca, New York, NY $6,499 $7,313 $8,295 $8,000

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, Kearny, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,125. That's roughly around $39 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 $2,049. Vice versa, with an average rent of $5,395, 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 58.49% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Gramercy Park, New York, NY is 59.52% more expensive than other counties nearby. Finally, rent for two bedrooms in Gramercy Park, New York, NY is 49.38% 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 $2,550 $1,500 $1,900 $2,099
Kearny, NJ N/A $1,750 $2,125 $2,100
Jersey City, NJ $2,907 $2,700 $2,200 $2,400
Bayonne, NJ $2,250 $2,595 $3,400 $2,550
Fort Lee, NJ $1,500 $2,250 $3,398 $3,000
Cliffside Park, NJ N/A $2,125 $2,700 $3,050
Palisades Park, NJ $1,850 $1,975 $2,800 $3,300
Queens, New York, NY $3,525 $3,719 $4,395 $3,775
Brooklyn, New York, NY $3,585 $4,124 $4,995 $4,200
Manhattan, New York, NY $4,050 $5,170 $7,000 $5,395

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 $4,898. 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 11213, New York, NY at $3,250 per month. In comparison, the zipcode with the most expensive average rent of $8,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,730. That's at least $92 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 $4,597 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,849 per month. Which comes out to $84 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 $4,350 $5,600 $6,995 $5,900
10010, New York, NY $4,400 $4,720 $6,904 $5,695
10016, New York, NY $4,050 $5,100 $6,995 $5,413
10009, New York, NY $3,350 $4,395 $5,995 $5,625
10012, New York, NY $3,750 $4,995 $7,598 $5,495
10011, New York, NY $4,300 $6,100 $7,750 $6,250
10001, New York, NY $4,361 $5,750 $9,745 $5,750
10014, New York, NY $5,100 $5,995 $7,495 $6,295
10017, New York, NY $4,100 $5,300 $10,850 $5,300
10002, New York, NY $4,195 $4,495 $6,295 $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 $6,800. 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 $4,800 and an average price per square feet of $95.45. There are a total of 75 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 $6,248 and an average price per square feet of $100.70. There are a total of 82 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 $6,470 and an average price per square feet of $104.65. There are a total of 69 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 0.19%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by 0.18% 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 $5,440/month. You can search for these reasonably priced rental listings on RentHop.