Average Rent in New York, NY

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Current Versus Historical NYC Rents

New York rentals average $3,800 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $4,895, or roughly $88 per square feet.
For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $363 (10.00%) year-over-year from $3,632 to $3,995. 1-bedroom rentals prices have increased by $386 (8.71%) year-over-year from $4,428 to $4,814. 2-bedroom rentals prices have increased by $807 (14.18%) year-over-year from $5,688 to $6,495. 3-bedroom rentals prices have increased by $620 (8.95%) year-over-year from $6,930 to $7,550. 4-bedroom rentals prices have increased by $1,267 (13.99%) year-over-year from $9,056 to $10,323. 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 3.87% this month. 1-bedroom rents have gone up by 2.52% this month. 2-bedroom rents have gone up by 4.88% this month. 3-bedroom rents have gone up by 0.49% this month. 4-bedroom rents have gone up by 3.88% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $96.44 $3,995 $3,632 (10.00%) $3,358 (18.96%)
1 BR $88.71 $4,814 $4,428 (8.71%) $4,187 (14.98%)
2 BR $83.58 $6,495 $5,688 (14.18%) $5,223 (24.35%)
3 BR $70.72 $7,550 $6,930 (8.95%) $6,402 (17.94%)
4+ BR $77.71 $10,323 $9,056 (13.99%) $7,913 (30.45%)

Historical Rents in New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near New York

There are a total of 28 cities nearby New York. The average rent in New York is currently $3,144 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 $2,050, is the most affordable city nearby. In contrast, the most expensive city near New York, NY is Spring Lake, NJ. Monthly rents here are on average $11,000 per month.

Let's compare New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in New York, NY is 50.13% more expensive than other cities nearby. One bedrooms are about 45.70% more expensive. Two bedrooms in New York, NY are about 52.43% more expensive. Finally, rent for three bedrooms are about 50.30% more expensive. Want more information? Check out the top 10 cities out of 28 total cities near New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,688 $2,200 $2,150
Hackensack, NJ $1,773 $1,938 $2,800 $2,450
Garfield, NJ N/A $1,850 $2,200 $2,475
Jersey City, NJ $3,146 $2,843 $2,700 $2,700
Bayonne, NJ $2,283 $2,675 $3,250 $2,738
Fort Lee, NJ $1,795 $2,800 $3,075 $3,000
New Rochelle, NY $2,391 $2,880 $2,998 $3,138
Mount Vernon, NY $1,750 $2,300 $2,800 $3,200
Palisades Park, NJ $1,500 $2,000 $2,938 $3,400
Long Beach, NY $2,200 $2,875 $3,700 $3,900

Top Neighborhoods Near New York

There are a total of 74 neighborhoods in or near New York. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and Crown Heights. We've included the top 30 neighborhoods out of 74 total neighborhoods in or near New York, NY in the following table.

The average rent for these 30 neighborhoods in or near New York, NY is currently around $4,655 per month. A total of 44 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than New York's average rent, which is actually $4,895. Out of all the neighborhoods in or near New York, West End - West Side has the most affordable average rent at $2,000 per month. Whereas, at $8,475 average rent per month, Two Bridges is the most expensive neighborhood in or near New York. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flatbush, New York, NY $2,578 $3,000 $3,416 $3,200
Bedford-Stuyvesant, New York, NY $3,250 $3,353 $3,761 $3,600
Crown Heights, New York, NY $3,235 $3,500 $4,333 $3,697
Bushwick, New York, NY $3,124 $3,375 $3,850 $3,900
Harlem, New York, NY $3,000 $3,400 $3,895 $3,995
East Harlem, New York, NY $3,300 $3,600 $3,895 $4,200
Prospect Heights, New York, NY $3,647 $4,375 $5,787 $4,365
Gowanus, New York, NY $3,400 $4,100 $6,173 $4,445
Downtown Brooklyn, New York, NY $3,668 $4,425 $6,400 $4,555
Long Island City, New York, NY $3,650 $4,607 $6,508 $4,598
Fort Greene, New York, NY $3,470 $4,575 $6,563 $4,660
Murray Hill, New York, NY $3,925 $4,900 $7,900 $4,795
Upper East Side, New York, NY $3,263 $4,500 $6,500 $4,795
Greenpoint, New York, NY $3,645 $4,503 $6,877 $4,830
Hell's Kitchen, New York, NY $3,660 $4,400 $6,495 $4,850
Upper West Side, New York, NY $3,500 $4,783 $7,000 $4,995
Williamsburg, New York, NY $4,055 $4,695 $5,650 $5,000
Financial District, New York, NY $4,100 $5,300 $7,105 $5,196
Midtown, New York, NY $4,045 $4,975 $7,402 $5,339
Midtown East, New York, NY $3,900 $5,100 $7,310 $5,394
Kips Bay, New York, NY $3,938 $4,786 $6,583 $5,495
Greenwich Village, New York, NY $4,700 $6,155 $7,500 $5,625
Hudson Yards, New York, NY $4,225 $5,625 $8,345 $5,695
East Village, New York, NY $3,995 $4,295 $6,495 $5,995
West Village, New York, NY $4,500 $5,800 $7,300 $5,995
Chelsea, New York, NY $4,495 $6,018 $9,869 $6,028
Gramercy Park, New York, NY $4,100 $5,550 $5,650 $6,400
Lower East Side, New York, NY $4,095 $4,495 $5,995 $6,430
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $6,378 $7,491 $6,879
Tribeca, New York, NY $5,977 $6,999 $8,495 $7,995

Top Counties Near New York

There are a total of 42 counties located by New York, NY. Some of these counties include Newark, NJ, Jersey City, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,275. That's roughly around $41 per sqft. A total of 40 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 $7,500, Greenwich, CT is the most expensive county by New York, NY.

Typically, rent for studios in New York, NY is 47.37% more expensive than other counties nearby. In comparison, rent for one bedroom listings in New York, NY is 46.13% more expensive than other counties nearby. Finally, rent for two bedrooms in New York, NY is 49.73% 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 $1,688 $2,200 $2,150
Jersey City, NJ $3,146 $2,843 $2,700 $2,700
Bayonne, NJ $2,283 $2,675 $3,250 $2,738
Fort Lee, NJ $1,795 $2,800 $3,075 $3,000
Staten Island, New York, NY $2,400 $2,894 $3,426 $3,146
Bronx, New York, NY $2,550 $2,801 $3,521 $3,229
Palisades Park, NJ $1,500 $2,000 $2,938 $3,400
Queens, New York, NY $3,489 $3,600 $4,225 $3,700
Brooklyn, New York, NY $3,560 $4,112 $4,999 $4,219
Manhattan, New York, NY $3,950 $5,111 $6,913 $5,460

Top Zipcodes Near New York

There are a total of 50 zipcodes in or near New York, NY. The average rent for all of these zipcodes is $4,916. A total of 25 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11233, New York, NY at $3,175 per month. In comparison, the zipcode with the most expensive average rent of $8,396 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,675. That's at least $89 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near New York, NY is $4,625 per month. Or in other words, $88 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,506 per month. Which comes out to $86 per sqft. The following table includes the top 10 zipcodes in New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,925 $4,995 $7,400 $5,295
10019, New York, NY $3,874 $4,650 $7,000 $4,995
10009, New York, NY $3,500 $4,495 $6,400 $6,206
10003, New York, NY $4,350 $5,575 $6,495 $5,900
11201, New York, NY $3,650 $4,500 $6,495 $4,790
10038, New York, NY $3,975 $5,345 $7,059 $5,391
11217, New York, NY $3,560 $4,500 $6,645 $4,653
11101, New York, NY $3,703 $4,673 $6,513 $4,607
10005, New York, NY $4,100 $5,000 $7,600 $4,882
11211, New York, NY $4,100 $5,000 $6,500 $5,400

Frequently Asked Questions - New York Average Rents

What is the average rent price in New York, NY?
The average monthly rental price for New York, NY apartments for rent is approximately $4,895. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 New York, NY.
How much is a studio apartment in New York, NY?
The average monthly rental price for studio apartments is $3,800 and an average price per square feet of $96.44. There are a total of 6,963 studio apartment listings currently available for rent in New York.
How much is a one bedroom apartment in New York, NY?
The average monthly rental price for one bedroom apartments is $4,650 and an average price per square feet of $88.71. There are a total of 13,150 one bedroom apartment listings currently available for rent in New York.
How much is a two bedroom apartment in New York, NY?
The average monthly rental price for two bedroom apartments is $6,202 and an average price per square feet of $83.58. There are a total of 9,955 two bedroom apartment listings currently available for rent in New York.
How have rent prices in New York, NY changed this year?
Rent prices for rentals in New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.14%, three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in New York, NY?
A reasonable rent price in New York, NY is around $3,916/month. You can search for these reasonably priced rental listings on RentHop.
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