Average Rent in Washington Heights, New York, NY

Home  »  NY  »  New York  »  Washington Heights

Current Versus Historical Washington Heights, New York, NY Rents

Washington Heights rentals average $1,830 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $517 (26.13%) year-over-year from $1,978 to $2,495. 1-bedroom rentals prices have increased by $135 (5.72%) year-over-year from $2,365 to $2,500. 2-bedroom rentals prices have increased by $368 (14.27%) year-over-year from $2,582 to $2,950. 3-bedroom rentals prices have decreased by $5 (-0.13%) year-over-year from $3,800 to $3,795. 4-bedroom rentals prices have increased by $308 (8.35%) year-over-year from $3,692 to $4,000. 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 9.03% this month. 1-bedroom rents have gone up by 6.01% this month. 2-bedroom rents have gone up by 3.51% this month. 3-bedroom rents have gone up by 6.59% this month. 4-bedroom rents have gone up by 3.56% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.56 $2,495 $1,978 (26.13%) $1,678 (48.66%)
1 BR $3.73 $2,500 $2,365 (5.72%) $1,800 (38.89%)
2 BR $3.46 $2,950 $2,582 (14.27%) $2,212 (33.38%)
3 BR $3.84 $3,795 $3,800 (-0.13%) $2,528 (50.10%)
4+ BR N/A $4,000 $3,692 (8.35%) $3,045 (31.36%)

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 31 cities nearby Washington Heights. The average rent in Washington Heights is currently $3,000 per month. A total of 17 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 Washington Heights, New York, NY is Westport, CT. Monthly rents here are on average $15,975 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 9.84% more expensive than other cities nearby. One bedrooms are about 7.24% more expensive. Two bedrooms in Washington Heights, New York, NY are about 5.11% more affordable. Finally, rent for three bedrooms are about 27.30% more affordable. Want more information? Check out the top 10 cities out of 31 total cities near Washington Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Paterson, NJ $1,900 $1,750 $2,000 $2,175
West New York, NJ N/A $2,475 $2,850 $2,700
Jersey City, NJ $2,767 $2,700 $2,650 $2,750
Union City, NJ $1,900 $2,250 $2,800 $2,775
Yonkers, NY $2,300 $2,150 $2,748 $2,825
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Cliffside Park, NJ N/A $2,150 $3,150 $3,000
New Rochelle, NY $2,200 $2,763 $3,275 $3,000
Hoboken, NJ $2,740 $3,229 $4,200 $3,700
New York, NY $3,495 $4,195 $5,000 $4,325

Top Neighborhoods Near Washington Heights

There are a total of 55 neighborhoods in or near Washington Heights. Some of these neighborhoods include Flushing, Riverdale, and Mott Haven. We've included the top 30 neighborhoods out of 55 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 $4,289 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only twenty-one neighborhoods have a higher average rent than $4,289. Interestingly, the neighborhoods' average rent is higher than Washington Heights's average rent, which is only $3,100. Out of all the neighborhoods in or near Washington Heights, Rego Park has the most affordable average rent at $2,500 per month. Whereas, at $8,125 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
Flushing, New York, NY $2,550 $2,400 $3,000 $2,800
Riverdale, New York, NY $1,825 $2,595 $3,200 $2,800
Mott Haven, New York, NY $2,995 $2,931 $3,395 $3,062
Astoria, New York, NY $2,600 $2,799 $3,700 $3,200
East Harlem, New York, NY $2,675 $3,000 $3,195 $3,300
Central Harlem, New York, NY $2,250 $3,200 $3,500 $3,338
Harlem, New York, NY $2,600 $3,000 $3,253 $3,400
West Harlem, New York, NY $2,650 $3,000 $3,400 $3,499
Bowery, New York, NY $2,870 $3,723 $4,150 $3,900
Upper East Side, New York, NY $2,895 $3,700 $4,850 $4,000
Long Island City, New York, NY $3,300 $3,995 $5,885 $4,001
East Village, New York, NY $2,698 $3,595 $4,495 $4,495
NoLita, New York, NY $3,495 $4,495 $4,895 $4,495
Hell's Kitchen, New York, NY $3,480 $4,121 $5,995 $4,500
Midtown East, New York, NY $3,275 $4,200 $5,650 $4,500
Murray Hill, New York, NY $3,550 $4,244 $6,598 $4,600
Kips Bay, New York, NY $3,783 $4,050 $5,078 $4,695
Upper West Side, New York, NY $3,023 $4,423 $5,847 $4,800
West Village, New York, NY $4,500 $4,595 $5,548 $4,800
Greenwich Village, New York, NY $4,150 $4,800 $5,310 $4,800
Midtown South, New York, NY $3,785 $4,798 $6,995 $4,895
Greenpoint, New York, NY $3,495 $4,400 $5,850 $4,899
NoHo, New York, NY $4,000 $5,000 $7,750 $5,000
Hudson Yards, New York, NY $3,783 $4,695 $6,950 $5,105
Flatiron District, New York, NY $4,050 $5,900 $8,642 $5,150
Chelsea, New York, NY $3,800 $5,427 $7,652 $5,200
Midtown, New York, NY $3,550 $4,325 $6,600 $5,392
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,054 $5,613
NoMad, New York, NY $4,444 $5,587 $8,028 $5,894
Gramercy Park, New York, NY $3,815 $5,295 $5,312 $6,198

Top Counties Near Washington Heights

There are a total of 55 counties located by Washington Heights, New York, NY. Some of these counties include West New York, NJ, Jersey City, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $3,750. That's roughly around $3 per sqft. A total of 18 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 $15,975, Westport, CT is the most expensive county by Washington Heights, New York, NY.

Typically, rent for studios in Washington Heights, New York, NY is 2.75% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Washington Heights, New York, NY is 0.57% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Heights, New York, NY is 5.94% 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 $2,475 $2,850 $2,700
Jersey City, NJ $2,767 $2,700 $2,650 $2,750
North Bergen, NJ $2,250 $2,125 $2,850 $2,825
Yonkers, NY $2,300 $2,150 $2,748 $2,825
Fort Lee, NJ $1,500 $2,445 $3,298 $2,863
Bronx, New York, NY $2,200 $2,415 $2,749 $2,900
Cliffside Park, NJ N/A $2,150 $3,150 $3,000
New Rochelle, NY $2,200 $2,763 $3,275 $3,000
Hoboken, NJ $2,740 $3,229 $4,200 $3,700
Manhattan, New York, NY $3,500 $4,315 $5,500 $4,518

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 $4,469. 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 11375, New York, NY at $2,995 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 $3,200. That's at least $8 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 $4,112 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,376 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 $3,000 $2,500 $3,018 $3,182
10031, New York, NY $2,595 $2,850 $3,397 $3,400
10027, New York, NY $2,664 $3,050 $3,348 $3,493
10025, New York, NY $2,850 $4,000 $5,400 $4,559
10024, New York, NY $3,200 $4,631 $5,595 $4,859
10029, New York, NY $2,975 $3,223 $3,195 $3,300
10128, New York, NY $3,371 $3,780 $5,333 $3,950
10028, New York, NY $2,700 $3,198 $4,000 $4,000
10075, New York, NY $2,438 $3,200 $3,400 $3,225
10023, New York, NY $2,923 $4,500 $7,648 $4,960

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 $3,100. 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 $1,830 and an average price per square feet of $8.56. There are a total of 11 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 $2,474 and an average price per square feet of $3.73. There are a total of 42 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 $2,997 and an average price per square feet of $3.46. There are a total of 34 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 0.26%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.00% 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 $2,480/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast