Average Rent in NoMad, New York, NY

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Current Versus Historical NoMad, New York, NY Rents

NoMad rentals average $4,432 for a studio rental to $31,498 for a 4-bedroom rental. The median price of all currently available listings is $5,662, or roughly $8 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $39 (0.91%) year-over-year from $4,296 to $4,335. 1-bedroom rentals prices have increased by $19 (0.33%) year-over-year from $5,582 to $5,601. 2-bedroom rentals prices have decreased by $64 (-0.79%) year-over-year from $8,061 to $7,998. 3-bedroom rentals prices have increased by $6,346 (77.65%) year-over-year from $8,172 to $14,518. 4-bedroom rentals prices have decreased by $942 (-8.61%) year-over-year from $10,937 to $9,995. 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 0.74% this month. 1-bedroom rents have gone up by 2.43% this month. 2-bedroom rents have gone up by 8.50% this month. 3-bedroom rents have gone up by 38.00% this month. 4-bedroom rents have gone up by 15.86% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $9.70 $4,335 $4,296 (0.91%) $3,236 (33.96%)
1 BR $8.49 $5,601 $5,582 (0.33%) $4,374 (28.03%)
2 BR $7.64 $7,998 $8,061 (-0.79%) $7,160 (11.69%)
3 BR $9.89 $14,518 $8,172 (77.65%) $7,817 (85.74%)
4+ BR $14.39 $9,995 $10,937 (-8.61%) $7,379 (35.45%)

Historical Rents in NoMad, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near NoMad

There are a total of 32 cities nearby NoMad. The average rent in NoMad is currently $3,494 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near NoMad, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare NoMad, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in NoMad, New York, NY is 60.79% more expensive than other cities nearby. One bedrooms are about 58.56% more expensive. Two bedrooms in NoMad, New York, NY are about 62.23% more expensive. Finally, rent for three bedrooms are about 9.28% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near NoMad, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,975 $2,050 $2,100 $2,300
Hackensack, NJ $1,800 $2,000 $2,700 $2,313
Bayonne, NJ $2,275 $2,047 $2,516 $2,500
Union City, NJ $1,850 $2,300 $2,800 $2,800
West New York, NJ $1,850 $2,550 $3,200 $2,800
Jersey City, NJ $2,826 $2,700 $2,650 $2,800
Fort Lee, NJ $1,400 $2,225 $3,150 $2,950
Palisades Park, NJ N/A $1,850 $2,750 $3,500
Hoboken, NJ $3,106 $3,348 $3,800 $3,550
New York, NY $3,516 $4,220 $5,195 $4,400

Top Neighborhoods Near NoMad

There are a total of 50 neighborhoods in or near NoMad. Some of these neighborhoods include The Heights, The Waterfront, and Long Island City. We've included the top 30 neighborhoods out of 50 total neighborhoods in or near NoMad, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near NoMad, New York, NY is currently around $4,316 per month. A total of 43 neighborhoods have a lower average rent. Out of all the neighborhoods in or near NoMad, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near NoMad. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Heights, Jersey City, NJ N/A $2,400 $2,560 $2,675
The Waterfront, Jersey City, NJ $3,036 $3,487 $4,972 $3,612
Long Island City, New York, NY $3,323 $3,995 $5,900 $3,950
Bowery, New York, NY $2,870 $3,995 $4,800 $3,995
Upper East Side, New York, NY $2,875 $3,400 $5,395 $4,000
Downtown Brooklyn, New York, NY $3,378 $4,255 $5,832 $4,295
Financial District, New York, NY $3,550 $4,500 $6,400 $4,336
Hell's Kitchen, New York, NY $3,500 $3,999 $5,900 $4,495
NoLita, New York, NY $3,900 $4,495 $5,600 $4,495
East Village, New York, NY $2,673 $3,695 $4,590 $4,595
Hudson Yards, New York, NY $3,683 $4,290 $6,700 $4,598
Lower East Side, New York, NY $2,695 $3,495 $4,495 $4,622
Murray Hill, New York, NY $3,540 $4,200 $6,400 $4,650
Midtown East, New York, NY $3,550 $4,375 $5,595 $4,695
Williamsburg, New York, NY $3,650 $4,500 $4,750 $4,700
West Village, New York, NY $4,450 $5,200 $6,595 $4,800
Greenwich Village, New York, NY $3,700 $4,800 $5,075 $4,800
Upper West Side, New York, NY $3,218 $4,477 $6,595 $4,965
Kips Bay, New York, NY $3,800 $4,108 $5,395 $4,995
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Midtown South, New York, NY $3,525 $5,000 $6,850 $5,000
Greenpoint, New York, NY $3,483 $4,283 $5,550 $5,027
Chelsea, New York, NY $3,850 $5,477 $7,873 $5,157
Battery Park City, New York, NY $3,698 $4,888 $6,750 $5,500
Flatiron District, New York, NY $4,050 $5,895 $9,000 $5,675
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,127 $5,745
Midtown, New York, NY $3,195 $4,400 $6,550 $5,865
Gramercy Park, New York, NY $3,815 $5,150 $5,395 $6,395
Tribeca, New York, NY $4,566 $5,795 $7,100 $6,800
SoHo, New York, NY $4,700 $4,850 $13,500 $7,950

Top Counties Near NoMad

There are a total of 50 counties located by NoMad, New York, NY. Some of these counties include Bayonne, NJ, West New York, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,525. That's roughly around $3 per sqft. A total of 36 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by NoMad, New York, NY.

Typically, rent for studios in NoMad, New York, NY is 59.10% more expensive than other counties nearby. In comparison, rent for one bedroom listings in NoMad, New York, NY is 51.72% more expensive than other counties nearby. Finally, rent for two bedrooms in NoMad, New York, NY is 61.16% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Bayonne, NJ $2,275 $2,047 $2,516 $2,500
West New York, NJ $1,850 $2,550 $3,200 $2,800
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
Jersey City, NJ $2,826 $2,700 $2,650 $2,800
Fort Lee, NJ $1,400 $2,225 $3,150 $2,950
Queens, New York, NY $3,185 $3,061 $3,396 $3,323
Palisades Park, NJ N/A $1,850 $2,750 $3,500
Hoboken, NJ $3,106 $3,348 $3,800 $3,550
Brooklyn, New York, NY $3,454 $4,000 $4,200 $3,995
Manhattan, New York, NY $3,552 $4,361 $5,600 $4,595

Top Zipcodes Near NoMad

There are a total of 50 zipcodes in or near NoMad, New York, NY. The average rent for all of these zipcodes is $4,460. A total of 42 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,309. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near NoMad, New York, NY is $4,031 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,508 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in NoMad, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10010, New York, NY $4,050 $4,928 $5,522 $5,503
10016, New York, NY $3,650 $4,200 $5,882 $4,650
10001, New York, NY $4,220 $5,350 $7,954 $5,425
10003, New York, NY $3,530 $4,800 $5,195 $5,500
10011, New York, NY $3,750 $5,500 $6,873 $4,500
10017, New York, NY $3,400 $4,200 $9,650 $5,160
10018, New York, NY $3,585 $4,699 $6,125 $4,800
10036, New York, NY $3,500 $4,000 $6,420 $4,300
10009, New York, NY $2,625 $3,695 $4,495 $4,595
10012, New York, NY $3,900 $4,395 $5,600 $4,495

Frequently Asked Questions - NoMad Average Rents

What is the average rent price in NoMad, New York, NY?
The average monthly rental price for NoMad, New York, NY apartments for rent is approximately $5,662. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do NoMad, 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 NoMad, New York, NY.
How much is a studio apartment in NoMad, New York, NY?
The average monthly rental price for studio apartments is $4,432 and an average price per square feet of $9.70. There are a total of 54 studio apartment listings currently available for rent in NoMad.
How much is a one bedroom apartment in NoMad, New York, NY?
The average monthly rental price for one bedroom apartments is $5,590 and an average price per square feet of $8.49. There are a total of 131 one bedroom apartment listings currently available for rent in NoMad.
How much is a two bedroom apartment in NoMad, New York, NY?
The average monthly rental price for two bedroom apartments is $8,406 and an average price per square feet of $7.64. There are a total of 77 two bedroom apartment listings currently available for rent in NoMad.
How have rent prices in NoMad, New York, NY changed this year?
Rent prices for rentals in NoMad, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.78% year-over-year.
What is a reasonable rent price in NoMad, New York, NY?
A reasonable rent price in NoMad, New York, NY is around $4,530/month. You can search for these reasonably priced rental listings on RentHop.
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