Average Rent in Washington Heights, New York, NY

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Current Versus Historical Washington Heights, New York, NY Rents

Washington Heights rentals average $2,000 for a studio rental to $3,995 for a 4-bedroom rental. The median price of all currently available listings is $2,699, or roughly $42 per square feet.
For the apartment units and housing in March 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $102 (5.48%) year-over-year from $1,867 to $1,969. 1-bedroom rentals prices have decreased by $91 (-3.81%) year-over-year from $2,391 to $2,300. 2-bedroom rentals prices have increased by $223 (9.37%) year-over-year from $2,377 to $2,600. 3-bedroom rentals prices have increased by $352 (11.93%) year-over-year from $2,948 to $3,300. 4-bedroom rentals prices have increased by $52 (1.46%) year-over-year from $3,548 to $3,600. 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 4.20% this month. 1-bedroom rents have gone down by 3.43% this month. 2-bedroom rents have gone up by 0.19% this month. 3-bedroom rents have gone up by 1.02% this month. 4-bedroom rents have gone up by 1.89% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $81 $1,969 $1,867 (5.48%) $1,758 (11.98%)
1 BR $44 $2,300 $2,391 (-3.81%) $1,899 (21.14%)
2 BR $40 $2,600 $2,377 (9.37%) $2,427 (7.13%)
3 BR $43 $3,300 $2,948 (11.93%) $2,914 (13.25%)
4+ BR $51 $3,600 $3,548 (1.46%) $3,732 (-3.53%)

Historical Rents in Washington Heights, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Washington Heights

There are a total of 21 cities nearby Washington Heights. The average rent in Washington Heights is currently $3,950 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,738, is the most affordable city nearby. In contrast, the most expensive city near Washington Heights, New York, NY is Sea Girt, NJ. Monthly rents here are on average $15,000 per month.

Let's compare Washington Heights, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Washington Heights, New York, NY is 17.75% more expensive than other cities nearby. One bedrooms are about 8.70% more expensive. Two bedrooms in Washington Heights, New York, NY are about 12.04% more affordable. Finally, rent for three bedrooms are about 21.21% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near Washington Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,375 $1,850 $2,100
Bayonne, NJ $2,175 $1,800 $2,000 $2,150
Norwalk, CT $1,645 $2,045 $2,793 $2,290
Union City, NJ $3,500 $2,275 $2,600 $2,750
Jersey City, NJ $2,300 $3,004 $2,500 $2,750
Fort Lee, NJ $2,040 $2,125 $3,173 $3,095
Stamford, CT $1,375 $2,100 $3,025 $3,125
Hoboken, NJ $3,100 $3,250 $4,150 $3,698
Long Beach, NY $1,900 $2,350 $3,250 $4,100
New York, NY $3,295 $3,995 $4,925 $4,180

Top Neighborhoods Near Washington Heights

There are a total of 56 neighborhoods in or near Washington Heights. Some of these neighborhoods include Flushing, The Heights, and Harlem. We've included the top 30 neighborhoods out of 56 total neighborhoods in or near Washington Heights, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Washington Heights, New York, NY is currently around $4,175 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $4,175. Interestingly, the neighborhoods' average rent is higher than Washington Heights's average rent, which is only $2,699. Out of all the neighborhoods in or near Washington Heights, Briarwood has the most affordable average rent at $1,650 per month. Whereas, at $6,595 average rent per month, Tribeca is the most expensive neighborhood in or near Washington Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flushing, New York, NY $1,700 $2,000 $2,459 $2,392
The Heights, Jersey City, NJ $1,900 $3,138 $2,400 $2,600
Harlem, New York, NY $2,350 $2,800 $2,950 $3,000
East Harlem, New York, NY $3,000 $2,800 $2,895 $3,000
Central Harlem, New York, NY $2,299 $2,995 $3,195 $3,000
Astoria, New York, NY $2,699 $2,795 $3,050 $3,020
West Harlem, New York, NY $2,338 $2,800 $3,025 $3,100
Roosevelt Island, New York, NY $3,368 $3,400 $4,400 $3,653
Upper East Side, New York, NY $2,527 $3,499 $4,710 $3,750
Murray Hill, New York, NY $3,250 $3,900 $4,395 $3,995
Long Island City, New York, NY $3,150 $4,000 $5,710 $4,041
East Village, New York, NY $2,675 $3,395 $4,495 $4,195
Hell's Kitchen, New York, NY $3,500 $3,686 $5,200 $4,200
Kips Bay, New York, NY $3,435 $3,795 $4,595 $4,295
NoLita, New York, NY $3,495 $4,195 $4,995 $4,295
Midtown East, New York, NY $3,000 $4,250 $5,852 $4,375
Greenpoint, New York, NY $3,068 $4,240 $4,900 $4,480
Bowery, New York, NY $2,600 $4,695 $4,495 $4,495
Hudson Yards, New York, NY $3,712 $4,275 $6,462 $4,500
Midtown, New York, NY $3,800 $4,022 $5,995 $4,713
Midtown South, New York, NY $3,700 $4,900 $5,642 $4,818
Chelsea, New York, NY $3,870 $4,997 $6,495 $4,830
Upper West Side, New York, NY $3,200 $4,338 $6,000 $4,842
West Village, New York, NY $4,057 $4,750 $6,125 $5,159
Greenwich Village, New York, NY $4,200 $5,300 $5,110 $5,200
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,902 $6,049 $5,440
Flatiron District, New York, NY $4,100 $5,750 $6,500 $5,573
NoMad, New York, NY $4,464 $5,533 $6,295 $5,741
NoHo, New York, NY $3,600 $3,875 $6,450 $5,995
Gramercy Park, New York, NY $3,580 $4,500 $5,295 $6,013

Top Counties Near Washington Heights

There are a total of 56 counties located by Washington Heights, New York, NY. Some of these counties include Newark, NJ, Bronx, New York, NY, and Union City, NJ. The average rent for rentals in these counties is $3,698. That's roughly around $36 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,738. Vice versa, with an average rent of $11,000, Spring Lake, NJ is the most expensive county by Washington Heights, New York, NY.

Typically, rent for studios in Washington Heights, New York, NY is 5.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Washington Heights, New York, NY is 4.35% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Heights, New York, NY is 12.04% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,375 $1,850 $2,100
Bronx, New York, NY $1,895 $2,098 $2,500 $2,450
Union City, NJ $3,500 $2,275 $2,600 $2,750
Jersey City, NJ $2,300 $3,004 $2,500 $2,750
Queens, New York, NY $2,540 $2,500 $3,025 $2,895
Fort Lee, NJ $2,040 $2,125 $3,173 $3,095
Brooklyn, New York, NY $3,350 $3,760 $3,514 $3,600
Hoboken, NJ $3,100 $3,250 $4,150 $3,698
North Hempstead, NY N/A $2,000 $3,500 $4,203
Manhattan, New York, NY $3,300 $4,050 $5,295 $4,350

Top Zipcodes Near Washington Heights

There are a total of 50 zipcodes in or near Washington Heights, New York, NY. The average rent for all of these zipcodes is $4,295. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07002, Bayonne, NJ at $2,150 per month. In comparison, the zipcode with the most expensive average rent of $10,000 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,197. That's at least $85 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Washington Heights, New York, NY is $3,945 per month. Or in other words, $75 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,273 per month. Which comes out to $71 per sqft. The following chart includes the top 10 zipcodes in Washington Heights, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10032, New York, NY $2,275 $2,300 $2,625 $2,625
10031, New York, NY $2,325 $2,713 $2,995 $3,000
10027, New York, NY $2,281 $2,800 $3,325 $3,450
10025, New York, NY $3,000 $4,090 $5,395 $4,703
10024, New York, NY $3,195 $4,045 $7,000 $4,500
10029, New York, NY $3,400 $2,695 $2,895 $2,999
10128, New York, NY $2,750 $3,600 $4,595 $3,700
10028, New York, NY $2,500 $2,995 $3,800 $3,600
11102, New York, NY $3,195 $3,165 $3,050 $3,050
10075, New York, NY $2,450 $2,814 $6,300 $3,200

Frequently Asked Questions - Washington Heights Average Rents

What is the average rent price in Washington Heights, New York, NY?
The average monthly rental price for Washington Heights, New York, NY apartments for rent is approximately $2,699. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Washington Heights, 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 Washington Heights, New York, NY.
How much is a studio apartment in Washington Heights, New York, NY?
The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $80.57. There are a total of 15 studio apartment listings currently available for rent in Washington Heights.
How much is a one bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $43.85. There are a total of 83 one bedroom apartment listings currently available for rent in Washington Heights.
How much is a two bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for two bedroom apartments is $2,700 and an average price per square feet of $40.00. There are a total of 87 two bedroom apartment listings currently available for rent in Washington Heights.
How have rent prices in Washington Heights, New York, NY changed this year?
Rent prices for rentals in Washington Heights, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Washington Heights, New York, NY?
A reasonable rent price in Washington Heights, New York, NY is around $2,159/month. You can search for these reasonably priced rental listings on RentHop.
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