Average Rent in New Rochelle, NY

Current Versus Historical New Rochelle, NY Rents

New Rochelle rentals average $2,250 for a studio rental to $7,850 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $3 per square feet.

For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $530 (28.73%) year-over-year from $1,845 to $2,375. 1-bedroom rentals prices have increased by $902 (42.97%) year-over-year from $2,098 to $3,000. 2-bedroom rentals prices have increased by $1,879 (62.63%) year-over-year from $3,000 to $4,879. 3-bedroom rentals prices have increased by $1,267 (33.93%) year-over-year from $3,733 to $5,000. 4-bedroom rentals prices have increased by $1,942 (29.61%) year-over-year from $6,558 to $8,500. 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 10.25% this month. 1-bedroom rents have gone up by 18.03% this month. 2-bedroom rents have gone up by 37.06% this month. 3-bedroom rents have gone up by 8.60% this month. 4-bedroom rents have gone up by 2.82% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.56	$2,375	$1,845 (28.73%)	$1,968 (20.71%)
1 BR	$3.51	$3,000	$2,098 (42.97%)	$1,932 (55.31%)
2 BR	$3.63	$4,879	$3,000 (62.63%)	$2,783 (75.29%)
3 BR	$2.80	$5,000	$3,733 (33.93%)	$2,925 (70.94%)
4+ BR	$2.23	$8,500	$6,558 (29.61%)	$5,000 (70.00%)

Historical Rents in New Rochelle, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near New Rochelle

There are a total of 2 cities nearby New Rochelle. The average rent in New Rochelle is currently $3,646 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Yonkers, NY, with an average rent of $3,290, is the most affordable city nearby. In contrast, the most expensive city near New Rochelle, NY is Harrison, NY. Monthly rents here are on average $4,002 per month.

Let's compare New Rochelle, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in New Rochelle, NY is 10.22% more affordable than other cities nearby. One bedrooms are about 0.20% more expensive. Two bedrooms in New Rochelle, NY are about 20.54% more expensive. Finally, rent for three bedrooms are about 5.89% more expensive. Want more information? Check out the top 2 cities near New Rochelle, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Harrison, NY	$2,860	$3,450	$4,053	$4,002

Top Neighborhoods Near New Rochelle

There are a total of 1 neighborhoods in or near New Rochelle. We've included all of these top 1 neighborhoods in or near New Rochelle, NY in the following chart.

The average rent for these 1 neighborhoods in or near New Rochelle, NY is currently around $3,450 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near New Rochelle, Flushing has the most affordable average rent at $3,450 per month. Whereas, at $3,450 average rent per month, Flushing is the most expensive neighborhood in or near New Rochelle. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flushing, New York, NY	$2,542	$2,500	$3,875	$3,450

Top Counties Near New Rochelle

There are a total of 1 counties located by New Rochelle, NY. Some of these counties include Bronx, New York, NY, Yonkers, NY, and Harrison, NY. The average rent for rentals in these counties is $4,251. That's roughly around $3 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Bronx, New York, NY. It's average rent per month is $3,200. Vice versa, with an average rent of $4,900, North Hempstead, NY is the most expensive county by New Rochelle, NY.

Typically, rent for studios in New Rochelle, NY is 5.34% more affordable than other counties nearby. In comparison, rent for one bedroom listings in New Rochelle, NY is 1.16% more affordable than other counties nearby. Finally, rent for two bedrooms in New Rochelle, NY is 14.67% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Bronx, New York, NY	$2,491	$2,625	$3,200	$3,200
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Harrison, NY	$2,860	$3,450	$4,053	$4,002
New Rochelle, NY	$2,250	$3,030	$4,690	$4,500
Greenburgh, NY	N/A	$3,100	$3,950	$4,725
North Hempstead, NY	$3,199	$3,500	$4,175	$4,900

Top Zipcodes Near New Rochelle

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - New Rochelle Average Rents

What is the average rent price in New Rochelle, NY?

The average monthly rental price for New Rochelle, NY apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do New Rochelle, 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 New Rochelle, NY.

How much is a studio apartment in New Rochelle, NY?

The average monthly rental price for studio apartments is $2,250 and an average price per square feet of $3.56. There are a total of 3 studio apartment listings currently available for rent in New Rochelle.

How much is a one bedroom apartment in New Rochelle, NY?

The average monthly rental price for one bedroom apartments is $3,030 and an average price per square feet of $3.51. There are a total of 18 one bedroom apartment listings currently available for rent in New Rochelle.

How much is a two bedroom apartment in New Rochelle, NY?

The average monthly rental price for two bedroom apartments is $4,690 and an average price per square feet of $3.63. There are a total of 14 two bedroom apartment listings currently available for rent in New Rochelle.

How have rent prices in New Rochelle, NY changed this year?

Rent prices for rentals in New Rochelle, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.29%, one bedroom rental prices have changed by 0.43%, two bedroom rental prices have changed by 0.63%, and three bedroom rental prices have changed by 0.34% year-over-year.

What is a reasonable rent price in New Rochelle, NY?

A reasonable rent price in New Rochelle, NY is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.