Average Rent in New Rochelle, NY

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Current Versus Historical New Rochelle, NY Rents

New Rochelle rentals average $2,375 for a studio rental to $7,700 for a 4-bedroom rental. The median price of all currently available listings is $4,360, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $581 (32.37%) year-over-year from $1,794 to $2,375. 1-bedroom rentals prices have increased by $542 (23.99%) year-over-year from $2,258 to $2,800. 2-bedroom rentals prices have increased by $817 (28.82%) year-over-year from $2,833 to $3,650. 3-bedroom rentals prices have decreased by $1,200 (-26.67%) year-over-year from $4,500 to $3,300. 4-bedroom rentals prices have decreased by $3,283 (-29.89%) year-over-year from $10,983 to $7,700. 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 8.78% this month. 1-bedroom rents have gone up by 11.69% this month. 2-bedroom rents have gone up by 4.78% this month. 3-bedroom rents have gone down by 12.00% this month. 4-bedroom rents have gone up by 21.90% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.93 $2,375 $1,794 (32.37%) $1,847 (28.61%)
1 BR $3.51 $2,800 $2,258 (23.99%) $1,840 (52.17%)
2 BR $3.53 $3,650 $2,833 (28.82%) $2,417 (51.03%)
3 BR $3.00 $3,300 $4,500 (-26.67%) $2,733 (20.73%)
4+ BR $2.65 $7,700 $10,983 (-29.89%) $6,033 (27.62%)

Historical Rents in New Rochelle, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near New Rochelle



Let's compare New Rochelle, NY's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near New Rochelle



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near New Rochelle

The average rent for rentals in these counties is $4,055. That's roughly around $3 per sqft. A total of 1 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 $3,110. Vice versa, with an average rent of $5,000, North Hempstead, NY is the most expensive county by New Rochelle, NY.

Typically, rent for studios in New Rochelle, NY is 21.65% more affordable than other counties nearby. In comparison, rent for one bedroom listings in New Rochelle, NY is 1.96% more affordable than other counties nearby. Finally, rent for two bedrooms in New Rochelle, NY is 12.84% 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 $2,580 $2,900 $3,395 $3,110
North Hempstead, NY $3,199 $3,590 $4,188 $5,000

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 $4,360. 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 $2,375 and an average price per square feet of $4.93. 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 $3,183 and an average price per square feet of $3.51. There are a total of 12 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 $4,350 and an average price per square feet of $3.53. There are a total of 9 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 0.32%, one bedroom rental prices have changed by 0.24%, two bedroom rental prices have changed by 0.29%, and three bedroom rental prices have changed by -0.27% year-over-year.
What is a reasonable rent price in New Rochelle, NY?
A reasonable rent price in New Rochelle, NY is around $3,488/month. You can search for these reasonably priced rental listings on RentHop.
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