Average Rent in Theater District, New York, NY

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Current Versus Historical Theater District, New York, NY Rents

Theater District rentals average $3,607 for a studio rental to $10,225 for a 4-bedroom rental. The median price of all currently available listings is $5,523, or roughly $7 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $84 (2.35%) year-over-year from $3,571 to $3,655. 1-bedroom rentals prices have increased by $27 (0.61%) year-over-year from $4,368 to $4,395. 2-bedroom rentals prices have decreased by $86 (-1.25%) year-over-year from $6,871 to $6,785. 3-bedroom rentals prices have decreased by $50 (-0.45%) year-over-year from $11,050 to $11,000. 4-bedroom rentals prices have decreased by $1,950 (-15.06%) year-over-year from $12,950 to $11,000. 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 5.11% this month. 1-bedroom rents have gone up by 1.85% this month. 2-bedroom rents have gone down by 0.71% this month. 3-bedroom rents have gone up by 10.87% this month. 4-bedroom rents have gone down by 0.75% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.00 $3,655 $3,571 (2.35%) $2,500 (46.20%)
1 BR $6.65 $4,395 $4,368 (0.61%) $3,398 (29.33%)
2 BR $5.87 $6,785 $6,871 (-1.25%) $5,164 (31.39%)
3 BR $6.39 $11,000 $11,050 (-0.45%) $7,291 (50.87%)
4+ BR $4.88 $11,000 $12,950 (-15.06%) $9,558 (15.08%)

Historical Rents in Theater District, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Theater District

There are a total of 33 cities nearby Theater District. The average rent in Theater District is currently $3,100 per month. A total of 29 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 Theater District, New York, NY is Westport, CT. Monthly rents here are on average $16,975 per month.

Let's compare Theater District, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Theater District, New York, NY is 51.48% more expensive than other cities nearby. One bedrooms are about 47.78% more expensive. Two bedrooms in Theater District, New York, NY are about 54.17% more expensive. Finally, rent for three bedrooms are about 54.34% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Theater District, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,050 $2,050 $2,100 $2,300
Bayonne, NJ $2,325 $2,047 $2,443 $2,400
Hackensack, NJ $1,800 $2,000 $2,700 $2,450
Jersey City, NJ $2,753 $2,600 $2,650 $2,700
West New York, NJ N/A $2,525 $2,850 $2,748
Union City, NJ $1,900 $2,250 $2,800 $2,800
Fort Lee, NJ $1,450 $2,425 $3,025 $2,950
Cliffside Park, NJ N/A $2,125 $3,200 $3,100
Hoboken, NJ $3,090 $3,188 $4,200 $3,648
New York, NY $3,525 $4,225 $5,150 $4,400

Top Neighborhoods Near Theater District

There are a total of 54 neighborhoods in or near Theater District. Some of these neighborhoods include The Heights, Astoria, and East Harlem. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near Theater District, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Theater District, New York, NY is currently around $4,430 per month. A total of 46 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Theater District, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Theater District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Heights, Jersey City, NJ N/A $2,200 $2,560 $2,700
Astoria, New York, NY $2,700 $2,800 $4,100 $3,300
East Harlem, New York, NY $2,750 $3,053 $3,195 $3,325
Bowery, New York, NY $2,870 $3,995 $4,125 $3,995
Upper East Side, New York, NY $2,975 $3,600 $4,895 $4,000
Long Island City, New York, NY $3,324 $4,050 $5,905 $4,055
NoLita, New York, NY $3,795 $4,495 $5,425 $4,495
East Village, New York, NY $2,699 $3,600 $4,495 $4,495
Midtown East, New York, NY $3,567 $4,200 $5,595 $4,500
Hell's Kitchen, New York, NY $3,500 $4,042 $6,157 $4,500
Greenwich Village, New York, NY $4,150 $4,800 $5,075 $4,800
West Village, New York, NY $4,750 $4,750 $6,673 $4,800
Kips Bay, New York, NY $3,795 $4,073 $5,290 $4,825
NoHo, New York, NY $4,000 $4,750 $7,750 $4,850
Murray Hill, New York, NY $3,550 $4,281 $6,502 $4,900
Flatiron District, New York, NY $4,050 $5,895 $8,571 $4,948
Upper West Side, New York, NY $3,295 $4,500 $6,898 $4,995
Little Italy, New York, NY $3,900 $5,000 $5,123 $5,000
Greenpoint, New York, NY $3,495 $4,283 $6,000 $5,000
Hudson Yards, New York, NY $3,750 $4,535 $6,950 $5,005
Battery Park City, New York, NY $3,695 $4,545 $6,250 $5,019
Chelsea, New York, NY $3,925 $5,500 $7,823 $5,162
Lower East Side, New York, NY $3,300 $3,495 $4,495 $5,195
Midtown South, New York, NY $3,695 $5,100 $6,969 $5,200
NoMad, New York, NY $4,464 $5,610 $8,686 $5,662
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,127 $5,708
Midtown, New York, NY $3,604 $4,400 $6,895 $5,750
Gramercy Park, New York, NY $3,815 $5,185 $5,295 $6,202
Tribeca, New York, NY $4,250 $5,950 $7,295 $6,850
SoHo, New York, NY $4,700 $4,125 $13,500 $7,622

Top Counties Near Theater District

There are a total of 54 counties located by Theater District, New York, NY. Some of these counties include Bayonne, NJ, Jersey City, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 39 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 $16,975, Westport, CT is the most expensive county by Theater District, New York, NY.

Typically, rent for studios in Theater District, New York, NY is 46.22% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Theater District, New York, NY is 43.18% more expensive than other counties nearby. Finally, rent for two bedrooms in Theater District, New York, NY is 53.03% 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 $2,325 $2,047 $2,443 $2,400
Jersey City, NJ $2,753 $2,600 $2,650 $2,700
West New York, NJ N/A $2,525 $2,850 $2,748
North Bergen, NJ $2,149 $2,125 $2,875 $2,850
Fort Lee, NJ $1,450 $2,425 $3,025 $2,950
Bronx, New York, NY $2,575 $2,475 $2,900 $3,050
Cliffside Park, NJ N/A $2,125 $3,200 $3,100
Hoboken, NJ $3,090 $3,188 $4,200 $3,648
Brooklyn, New York, NY $3,499 $4,006 $4,000 $3,910
Manhattan, New York, NY $3,585 $4,395 $5,578 $4,600

Top Zipcodes Near Theater District

There are a total of 50 zipcodes in or near Theater District, New York, NY. The average rent for all of these zipcodes is $4,494. A total of 44 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 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,340. 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 Theater District, New York, NY is $4,148 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,475 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Theater District, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10036, New York, NY $3,500 $4,243 $6,408 $4,493
10019, New York, NY $3,549 $4,212 $6,500 $4,805
10017, New York, NY $4,050 $4,100 $7,407 $5,045
10018, New York, NY $3,595 $5,033 $6,684 $5,174
10022, New York, NY $3,350 $4,500 $5,148 $4,500
10001, New York, NY $4,226 $5,382 $7,935 $5,495
10069, New York, NY $4,180 $5,185 $7,762 $5,620
10023, New York, NY $3,425 $4,584 $8,296 $5,243
10065, New York, NY $2,975 $4,700 $6,395 $5,150
10016, New York, NY $3,695 $4,200 $5,900 $4,650

Frequently Asked Questions - Theater District Average Rents

What is the average rent price in Theater District, New York, NY?
The average monthly rental price for Theater District, New York, NY apartments for rent is approximately $5,523. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Theater District, 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 Theater District, New York, NY.
How much is a studio apartment in Theater District, New York, NY?
The average monthly rental price for studio apartments is $3,607 and an average price per square feet of $8.00. There are a total of 54 studio apartment listings currently available for rent in Theater District.
How much is a one bedroom apartment in Theater District, New York, NY?
The average monthly rental price for one bedroom apartments is $4,400 and an average price per square feet of $6.65. There are a total of 120 one bedroom apartment listings currently available for rent in Theater District.
How much is a two bedroom apartment in Theater District, New York, NY?
The average monthly rental price for two bedroom apartments is $6,600 and an average price per square feet of $5.87. There are a total of 131 two bedroom apartment listings currently available for rent in Theater District.
How have rent prices in Theater District, New York, NY changed this year?
Rent prices for rentals in Theater District, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Theater District, New York, NY?
A reasonable rent price in Theater District, New York, NY is around $4,418/month. You can search for these reasonably priced rental listings on RentHop.
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