Average Rent in New York, NY

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Current Versus Historical NYC Rents

New York rentals average $3,895 for a studio rental to $9,925 for a 4-bedroom rental. The median price of all currently available listings is $4,851, or roughly $88 per square feet.
For the apartment units and housing in November 2026, median rents have risen over the last year. Studio rentals prices have increased by $372 (10.43%) year-over-year from $3,565 to $3,937. 1-bedroom rentals prices have increased by $403 (9.27%) year-over-year from $4,347 to $4,750. 2-bedroom rentals prices have increased by $442 (7.67%) year-over-year from $5,758 to $6,200. 3-bedroom rentals prices have increased by $342 (4.91%) year-over-year from $6,953 to $7,295. 4-bedroom rentals prices have increased by $207 (2.22%) year-over-year from $9,293 to $9,500. 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 1.96% this month. 1-bedroom rents have gone up by 0.71% this month. 2-bedroom rents have gone down by 1.26% this month. 3-bedroom rents have gone down by 1.82% this month. 4-bedroom rents have gone down by 3.27% this month.
Beds
Price / Sqft
Nov 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $97.20 $3,937 $3,565 (10.43%) $3,333 (18.11%)
1 BR $87.32 $4,750 $4,347 (9.27%) $4,077 (16.51%)
2 BR $85.43 $6,200 $5,758 (7.67%) $5,387 (15.09%)
3 BR $73.09 $7,295 $6,953 (4.91%) $6,345 (14.98%)
4+ BR $72.00 $9,500 $9,293 (2.22%) $7,712 (23.19%)

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 35 cities nearby New York. The average rent in New York is currently $3,125 per month. A total of 31 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, 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 45.83% more expensive than other cities nearby. One bedrooms are about 45.36% more expensive. Two bedrooms in New York, NY are about 49.36% more expensive. Finally, rent for three bedrooms are about 51.72% more expensive. Want more information? Check out the top 10 cities out of 35 total cities near New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Kearny, NJ N/A $1,725 $2,150 $2,150
Newark, NJ $2,145 $2,000 $2,150 $2,300
Bayonne, NJ $2,283 $2,485 $3,216 $2,550
Harrison, NJ $2,522 $2,929 $3,592 $2,899
Cliffside Park, NJ $1,800 $2,100 $3,225 $3,000
Palisades Park, NJ $1,650 $1,950 $2,600 $3,125
Long Beach, NY $2,200 $2,750 $3,350 $3,483
Edgewater, NJ $2,795 $3,100 $4,083 $3,890
Fort Lee, NJ $2,722 $4,121 $4,523 $4,109
Jersey City, NJ $3,831 $4,941 $6,604 $4,550

Top Neighborhoods Near New York

There are a total of 84 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 84 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 $4,485 per month. A total of 49 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than New York's average rent, which is actually $4,851. Out of all the neighborhoods in or near New York, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,000 average rent per month, Ocean Beach 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 $3,230 $3,140 $3,543 $3,250
Bedford-Stuyvesant, New York, NY $3,225 $3,450 $4,395 $3,650
Crown Heights, New York, NY $3,171 $3,490 $4,722 $3,800
Harlem, New York, NY $2,995 $3,200 $3,995 $3,800
Bushwick, New York, NY $3,200 $3,450 $3,795 $3,850
East Harlem, New York, NY $3,383 $3,850 $3,495 $3,986
Gowanus, New York, NY $3,396 $4,200 $6,550 $4,485
Greenpoint, New York, NY $3,780 $4,600 $7,295 $4,513
Downtown Brooklyn, New York, NY $3,675 $4,426 $6,100 $4,550
Prospect Heights, New York, NY $3,593 $4,495 $5,700 $4,550
Long Island City, New York, NY $3,758 $4,487 $6,525 $4,600
Fort Greene, New York, NY $3,669 $4,585 $6,795 $4,655
Murray Hill, New York, NY $3,700 $5,295 $7,425 $4,776
Hell's Kitchen, New York, NY $3,800 $4,702 $6,075 $4,995
Lower East Side, New York, NY $4,087 $4,498 $7,328 $4,998
Midtown, New York, NY $4,000 $4,850 $7,786 $5,000
Upper East Side, New York, NY $3,450 $4,775 $7,700 $5,000
Financial District, New York, NY $4,304 $5,256 $7,000 $5,028
Midtown East, New York, NY $4,050 $5,050 $7,600 $5,175
Williamsburg, New York, NY $3,997 $5,000 $5,650 $5,189
Hudson Yards, New York, NY $4,150 $5,450 $7,922 $5,280
Kips Bay, New York, NY $3,995 $5,118 $6,154 $5,413
West Village, New York, NY $5,100 $5,500 $6,995 $5,500
Upper West Side, New York, NY $3,462 $5,495 $8,000 $5,500
East Village, New York, NY $3,750 $5,465 $5,995 $5,750
Chelsea, New York, NY $4,450 $6,195 $9,500 $5,997
Stuyvesant Town - Peter Cooper Village, New York, NY $5,250 $5,851 $6,931 $6,089
Greenwich Village, New York, NY $4,700 $7,150 $9,200 $6,300
Gramercy Park, New York, NY $4,300 $6,400 $10,700 $7,200
Tribeca, New York, NY $6,067 $6,750 $9,495 $7,500

Top Counties Near New York

There are a total of 44 counties located by New York, NY. Some of these counties include Kearny, NJ, Newark, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,279. That's roughly around $40 per sqft. A total of 42 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,000. Vice versa, with an average rent of $5,775, Greenwich, CT is the most expensive county by New York, NY.

Typically, rent for studios in New York, NY is 43.71% more expensive than other counties nearby. In comparison, rent for one bedroom listings in New York, NY is 45.62% more expensive than other counties nearby. Finally, rent for two bedrooms in New York, NY is 49.29% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Kearny, NJ N/A $1,725 $2,150 $2,150
Newark, NJ $2,145 $2,000 $2,150 $2,300
Bayonne, NJ $2,283 $2,485 $3,216 $2,550
North Bergen, NJ $2,185 $2,620 $2,920 $2,844
Cliffside Park, NJ $1,800 $2,100 $3,225 $3,000
Queens, New York, NY $3,395 $3,701 $4,665 $3,832
Edgewater, NJ $2,795 $3,100 $4,083 $3,890
Brooklyn, New York, NY $3,575 $4,250 $5,279 $4,287
Jersey City, NJ $3,831 $4,941 $6,604 $4,550
Manhattan, New York, NY $4,050 $5,195 $7,155 $5,295

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 $4,975. A total of 23 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,300 per month. In comparison, the zipcode with the most expensive average rent of $7,963 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $3,735. That's at least $96 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 $4,725 per month. Or in other words, $88 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,511 per month. Which comes out to $87 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 $3,775 $5,295 $7,000 $5,295
10019, New York, NY $3,825 $4,850 $6,499 $5,000
10009, New York, NY $3,199 $5,595 $5,995 $5,998
10003, New York, NY $4,350 $6,450 $7,300 $6,100
11201, New York, NY $3,680 $4,495 $6,350 $4,667
10038, New York, NY $4,575 $5,050 $7,825 $5,205
11217, New York, NY $3,675 $4,495 $6,400 $4,795
11101, New York, NY $3,720 $4,536 $6,502 $4,703
10005, New York, NY $4,304 $5,500 $7,245 $4,850
11211, New York, NY $3,995 $5,049 $6,500 $5,250

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 $4,851. 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 $3,895 and an average price per square feet of $97.20. There are a total of 7,877 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 $4,759 and an average price per square feet of $87.32. There are a total of 14,042 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 $6,350 and an average price per square feet of $85.43. There are a total of 9,814 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 0.08%, three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in New York, NY?
A reasonable rent price in New York, NY is around $3,881/month. You can search for these reasonably priced rental listings on RentHop.