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 $2,025 for a studio rental to $4,012 for a 4-bedroom rental. The median price of all currently available listings is $3,050, or roughly $4 per square feet.
For the apartment units and housing in February 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $210 (11.13%) year-over-year from $1,890 to $2,100. 1-bedroom rentals prices have decreased by $107 (-4.47%) year-over-year from $2,382 to $2,275. 2-bedroom rentals prices have increased by $210 (8.20%) year-over-year from $2,565 to $2,775. 3-bedroom rentals prices have increased by $244 (7.48%) year-over-year from $3,258 to $3,502. 4-bedroom rentals prices have increased by $314 (8.89%) year-over-year from $3,533 to $3,848. 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 0.79% this month. 1-bedroom rents have gone down by 2.15% this month. 2-bedroom rents have gone up by 0.60% this month. 3-bedroom rents have gone up by 3.49% this month. 4-bedroom rents have gone up by 7.40% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.67 $2,100 $1,890 (11.13%) $1,675 (25.37%)
1 BR $3.82 $2,275 $2,382 (-4.47%) $1,773 (28.29%)
2 BR $4.47 $2,775 $2,565 (8.20%) $2,214 (25.35%)
3 BR $3.82 $3,502 $3,258 (7.48%) $2,476 (41.45%)
4+ BR $3.65 $3,848 $3,533 (8.89%) $3,065 (25.53%)

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 32 cities nearby Washington Heights. The average rent in Washington Heights is currently $3,135 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,825, is the most affordable city nearby. In contrast, the most expensive city near Washington Heights, New York, NY is Westport, CT. Monthly rents here are on average $17,250 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 24.07% more expensive than other cities nearby. One bedrooms are about 3.89% more affordable. Two bedrooms in Washington Heights, New York, NY are about 11.23% more affordable. Finally, rent for three bedrooms are about 7.86% more affordable. Want more information? Check out the top 10 cities out of 32 total cities near Washington Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Paterson, NJ $1,925 $1,625 $2,000 $2,200
Hackensack, NJ N/A $1,900 $2,500 $2,340
Union City, NJ N/A $2,100 $2,700 $2,748
West New York, NJ N/A $2,571 $2,800 $2,782
Yonkers, NY $2,013 $2,273 $2,875 $2,850
Jersey City, NJ $2,300 $2,775 $2,800 $2,900
New Rochelle, NY $2,215 $2,745 $3,800 $2,960
Fort Lee, NJ $1,400 $2,625 $3,400 $3,045
Cliffside Park, NJ $1,525 $2,650 $3,150 $3,250
Hoboken, NJ $2,500 $3,171 $3,800 $3,376

Top Neighborhoods Near Washington Heights

There are a total of 57 neighborhoods in or near Washington Heights. Some of these neighborhoods include Elmhurst, Flushing, and Jackson Heights. We've included the top 30 neighborhoods out of 57 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 $3,900 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $3,900. Interestingly, the neighborhoods' average rent is higher than Washington Heights's average rent, which is only $3,050. Out of all the neighborhoods in or near Washington Heights, Elmhurst has the most affordable average rent at $2,520 per month. Whereas, at $8,400 average rent per month, Ocean Beach is the most expensive neighborhood in or near Washington Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Elmhurst, New York, NY $2,200 $2,400 $3,200 $2,520
Flushing, New York, NY $2,600 $2,725 $3,100 $2,840
Jackson Heights, New York, NY $1,995 $2,395 $3,150 $2,874
Astoria, New York, NY $2,498 $2,870 $3,800 $2,950
Riverdale, New York, NY $2,588 $2,750 $3,475 $3,000
Mott Haven, New York, NY $2,400 $3,025 $3,300 $3,050
Central Harlem, New York, NY $2,322 $2,675 $3,048 $3,195
West Harlem, New York, NY $2,500 $2,875 $3,200 $3,425
Harlem, New York, NY $2,598 $2,995 $3,200 $3,450
East Harlem, New York, NY $3,144 $3,092 $3,395 $3,621
NoHo, New York, NY $3,700 $3,875 $6,450 $3,875
Murray Hill, New York, NY $3,450 $3,882 $4,469 $3,900
Upper East Side, New York, NY $2,741 $3,450 $5,350 $4,000
Long Island City, New York, NY $3,350 $3,993 $5,700 $4,130
Hell's Kitchen, New York, NY $3,393 $4,053 $5,500 $4,395
Midtown East, New York, NY $3,275 $4,375 $5,850 $4,400
Kips Bay, New York, NY $3,675 $3,845 $4,995 $4,423
East Village, New York, NY $2,898 $3,595 $4,495 $4,495
Upper West Side, New York, NY $3,048 $4,300 $5,725 $4,500
Greenpoint, New York, NY $3,525 $4,400 $6,286 $4,800
Hudson Yards, New York, NY $3,705 $4,695 $6,788 $4,809
Midtown South, New York, NY $3,525 $4,900 $8,160 $4,880
Chelsea, New York, NY $3,500 $5,170 $7,621 $4,884
Greenwich Village, New York, NY $4,003 $5,195 $6,775 $5,075
Midtown, New York, NY $3,500 $4,400 $6,820 $5,100
West Village, New York, NY $3,650 $5,050 $6,273 $5,200
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,014 $6,257 $5,393
NoMad, New York, NY $4,419 $5,545 $8,591 $5,571
Flatiron District, New York, NY $3,999 $5,800 $8,825 $5,800
Gramercy Park, New York, NY $3,713 $5,175 $5,660 $5,975

Top Counties Near Washington Heights

There are a total of 57 counties located by Washington Heights, New York, NY. Some of these counties include West New York, NJ, Yonkers, NY, and Jersey City, NJ. The average rent for rentals in these counties is $3,322. That's roughly around $3 per sqft. A total of 17 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,825. Vice versa, with an average rent of $17,250, Westport, CT is the most expensive county by Washington Heights, New York, NY.

Typically, rent for studios in Washington Heights, New York, NY is 8.09% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Washington Heights, New York, NY is 9.44% more affordable than other counties nearby. Finally, rent for two bedrooms in Washington Heights, New York, NY is 8.52% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
West New York, NJ N/A $2,571 $2,800 $2,782
Yonkers, NY $2,013 $2,273 $2,875 $2,850
Jersey City, NJ $2,300 $2,775 $2,800 $2,900
Bronx, New York, NY $2,173 $2,475 $2,800 $2,925
New Rochelle, NY $2,215 $2,745 $3,800 $2,960
North Bergen, NJ $2,900 $2,000 $2,900 $3,000
Fort Lee, NJ $1,400 $2,625 $3,400 $3,045
Cliffside Park, NJ $1,525 $2,650 $3,150 $3,250
Hoboken, NJ $2,500 $3,171 $3,800 $3,376
Manhattan, New York, NY $3,378 $4,250 $5,495 $4,395

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 $4,391. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $2,703 per month. In comparison, the zipcode with the most expensive average rent of $9,250 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,300. 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 Washington Heights, New York, NY is $4,005 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,125 per month. Which comes out to $6 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 $2,050 $2,250 $2,750 $3,211
10031, New York, NY $2,500 $2,838 $3,220 $3,413
10027, New York, NY $2,595 $2,500 $3,100 $3,200
10025, New York, NY $3,000 $4,006 $4,947 $4,499
10024, New York, NY $3,038 $4,427 $5,100 $4,697
10029, New York, NY $3,700 $3,092 $3,195 $3,650
10128, New York, NY $3,249 $3,300 $4,875 $3,900
10028, New York, NY $2,550 $2,895 $4,395 $3,500
10075, New York, NY $2,425 $3,200 $3,895 $3,200
10023, New York, NY $2,950 $4,500 $7,817 $4,439

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 $3,050. 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 $2,025 and an average price per square feet of $4.67. There are a total of 14 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 $2,250 and an average price per square feet of $3.82. There are a total of 26 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 $2,775 and an average price per square feet of $4.47. There are a total of 35 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 0.11%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.07% 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 $2,440/month. You can search for these reasonably priced rental listings on RentHop.
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