Average Rent in Upper Manhattan, New York, NY

Current Versus Historical Upper Manhattan, New York, NY Rents

Upper Manhattan rentals average $2,995 for a studio rental to $12,995 for a 4-bedroom rental. The median price of all currently available listings is $4,300, or roughly $7 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $483 (17.79%) year-over-year from $2,715 to $3,198. 1-bedroom rentals prices have increased by $17 (0.42%) year-over-year from $3,983 to $4,000. 2-bedroom rentals prices have decreased by $715 (-13.71%) year-over-year from $5,215 to $4,500. 3-bedroom rentals prices have increased by $533 (7.34%) year-over-year from $7,267 to $7,800. 4-bedroom rentals prices have increased by $3,015 (27.46%) year-over-year from $10,980 to $13,995. 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 up by 4.58% this month. 1-bedroom rents have gone up by 1.27% this month. 2-bedroom rents have gone down by 5.43% this month. 3-bedroom rents have gone up by 5.19% this month. 4-bedroom rents have gone up by 7.68% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.74	$3,198	$2,715 (17.79%)	$1,953 (63.72%)
1 BR	$6.67	$4,000	$3,983 (0.42%)	$2,665 (50.09%)
2 BR	$6.33	$4,500	$5,215 (-13.71%)	$3,350 (34.33%)
3 BR	$6.91	$7,800	$7,267 (7.34%)	$4,282 (82.18%)
4+ BR	$6.78	$13,995	$10,980 (27.46%)	$4,998 (179.99%)

Historical Rents in Upper Manhattan, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Upper Manhattan

There are a total of 32 cities nearby Upper Manhattan. The average rent in Upper Manhattan is currently $3,825 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Upper Manhattan, New York, NY is Westport, CT. Monthly rents here are on average $14,800 per month.

Let's compare Upper Manhattan, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Upper Manhattan, New York, NY is 49.08% more expensive than other cities nearby. One bedrooms are about 48.40% more expensive. Two bedrooms in Upper Manhattan, New York, NY are about 39.05% more expensive. Finally, rent for three bedrooms are about 33.50% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Upper Manhattan, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Hackensack, NJ	$1,875	$1,975	$2,795	$2,200
Clifton, NJ	N/A	$1,750	$2,300	$2,400
West New York, NJ	$1,700	$2,500	$2,780	$2,725
Union City, NJ	$1,800	$2,100	$2,700	$2,800
Jersey City, NJ	$2,463	$2,950	$2,699	$2,895
Fort Lee, NJ	$1,925	$2,450	$3,400	$3,000
Edgewater, NJ	$2,175	$2,575	$3,750	$3,800
Hoboken, NJ	$2,350	$3,275	$4,200	$3,850
Palisades Park, NJ	N/A	$1,800	$2,600	$3,945
New York, NY	$3,640	$4,358	$5,295	$4,500

Top Neighborhoods Near Upper Manhattan

There are a total of 54 neighborhoods in or near Upper Manhattan. Some of these neighborhoods include Mott Haven, Astoria, and Central Harlem. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near Upper Manhattan, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Upper Manhattan, New York, NY is currently around $4,334 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $4,334. Interestingly, the neighborhoods' average rent is higher than Upper Manhattan's average rent, which is only $4,300. Out of all the neighborhoods in or near Upper Manhattan, Bergen - Lafayette has the most affordable average rent at $2,700 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Upper Manhattan. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Mott Haven, New York, NY	$2,550	$3,095	$3,700	$3,125
Astoria, New York, NY	$2,800	$2,850	$3,500	$3,155
Central Harlem, New York, NY	$2,250	$3,195	$3,573	$3,300
Washington Heights, New York, NY	$2,723	$2,600	$3,149	$3,398
East Harlem, New York, NY	$3,225	$2,995	$3,195	$3,467
Harlem, New York, NY	$2,650	$3,000	$3,220	$3,495
West Harlem, New York, NY	$2,750	$3,000	$3,225	$3,600
NoHo, New York, NY	$4,000	$4,313	$7,875	$4,100
Long Island City, New York, NY	$3,295	$4,187	$6,160	$4,195
Bowery, New York, NY	$2,800	$3,499	$4,199	$4,199
Upper East Side, New York, NY	$2,850	$3,450	$4,700	$4,225
Murray Hill, New York, NY	$3,540	$4,403	$5,995	$4,355
NoLita, New York, NY	$3,480	$4,495	$5,250	$4,495
Hell's Kitchen, New York, NY	$3,629	$4,448	$5,786	$4,695
West Village, New York, NY	$4,350	$4,650	$6,750	$4,800
Greenwich Village, New York, NY	$4,150	$4,950	$5,050	$4,800
Midtown East, New York, NY	$3,400	$4,500	$5,595	$4,900
East Village, New York, NY	$2,843	$3,600	$4,895	$4,900
Upper West Side, New York, NY	$3,398	$4,300	$6,995	$4,950
Greenpoint, New York, NY	$3,667	$4,300	$5,550	$4,960
Midtown South, New York, NY	$3,525	$5,000	$7,700	$5,000
Kips Bay, New York, NY	$3,880	$4,170	$5,483	$5,038
Flatiron District, New York, NY	$4,125	$5,900	$9,250	$5,198
Hudson Yards, New York, NY	$3,890	$5,188	$7,411	$5,370
Chelsea, New York, NY	$3,995	$5,595	$8,200	$5,492
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,057	$6,075	$5,517
NoMad, New York, NY	$4,426	$5,596	$8,544	$5,651
Midtown, New York, NY	$3,765	$4,634	$6,600	$5,663
Gramercy Park, New York, NY	$3,725	$5,091	$5,495	$5,895
SoHo, New York, NY	$5,725	$4,900	$9,600	$6,578

Top Counties Near Upper Manhattan

There are a total of 54 counties located by Upper Manhattan, New York, NY. Some of these counties include Clifton, NJ, West New York, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,923. That's roughly around $3 per sqft. A total of 26 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,975. Vice versa, with an average rent of $14,800, Westport, CT is the most expensive county by Upper Manhattan, New York, NY.

Typically, rent for studios in Upper Manhattan, New York, NY is 46.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Upper Manhattan, New York, NY is 39.10% more expensive than other counties nearby. Finally, rent for two bedrooms in Upper Manhattan, New York, NY is 31.25% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Clifton, NJ	N/A	$1,750	$2,300	$2,400
West New York, NJ	$1,700	$2,500	$2,780	$2,725
Jersey City, NJ	$2,463	$2,950	$2,699	$2,895
North Bergen, NJ	$2,300	$1,900	$3,164	$2,900
Fort Lee, NJ	$1,925	$2,450	$3,400	$3,000
Bronx, New York, NY	$2,400	$2,650	$3,400	$3,060
Queens, New York, NY	$3,200	$3,155	$4,193	$3,600
Hoboken, NJ	$2,350	$3,275	$4,200	$3,850
Palisades Park, NJ	N/A	$1,800	$2,600	$3,945
Manhattan, New York, NY	$3,667	$4,495	$5,595	$4,700

Top Zipcodes Near Upper Manhattan

There are a total of 50 zipcodes in or near Upper Manhattan, New York, NY. The average rent for all of these zipcodes is $4,598. A total of 19 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 $2,800 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,382. 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 Upper Manhattan, New York, NY is $3,998 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,354 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Upper Manhattan, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10027, New York, NY	$2,532	$3,025	$3,125	$3,300
10031, New York, NY	$2,650	$2,895	$3,035	$3,450
10025, New York, NY	$3,350	$3,950	$5,350	$4,595
10032, New York, NY	$3,000	$2,127	$3,120	$3,675
10024, New York, NY	$3,350	$4,250	$7,300	$5,350
10029, New York, NY	$3,700	$2,695	$3,195	$3,495
10128, New York, NY	$3,285	$3,950	$5,359	$4,200
10028, New York, NY	$2,550	$3,000	$4,195	$4,000
10075, New York, NY	$2,495	$2,895	$4,725	$3,500
10023, New York, NY	$3,723	$4,695	$9,093	$5,200

Frequently Asked Questions - Upper Manhattan Average Rents

What is the average rent price in Upper Manhattan, New York, NY?

The average monthly rental price for Upper Manhattan, New York, NY apartments for rent is approximately $4,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Upper Manhattan, 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 Upper Manhattan, New York, NY.

How much is a studio apartment in Upper Manhattan, New York, NY?

The average monthly rental price for studio apartments is $2,995 and an average price per square feet of $7.74. There are a total of 577 studio apartment listings currently available for rent in Upper Manhattan.

How much is a one bedroom apartment in Upper Manhattan, New York, NY?

The average monthly rental price for one bedroom apartments is $3,900 and an average price per square feet of $6.67. There are a total of 1,235 one bedroom apartment listings currently available for rent in Upper Manhattan.

How much is a two bedroom apartment in Upper Manhattan, New York, NY?

The average monthly rental price for two bedroom apartments is $4,800 and an average price per square feet of $6.33. There are a total of 905 two bedroom apartment listings currently available for rent in Upper Manhattan.

How have rent prices in Upper Manhattan, New York, NY changed this year?

Rent prices for rentals in Upper Manhattan, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.14%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Upper Manhattan, New York, NY?

A reasonable rent price in Upper Manhattan, New York, NY is around $3,440/month. You can search for these reasonably priced rental listings on RentHop.