Average Rent in West New York, NJ

Home  »  NJ  »  West New York

Current Versus Historical West New York, NJ Rents

West New York rentals average $0 for a studio rental to $8,250 for a 4-bedroom rental. The median price of all currently available listings is $2,851, or roughly $3 per square feet.
For the apartment units and housing in February 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $242 (-10.55%) year-over-year from $2,292 to $2,050. 1-bedroom rentals prices have increased by $429 (19.77%) year-over-year from $2,171 to $2,600. 2-bedroom rentals prices have increased by $840 (33.60%) year-over-year from $2,500 to $3,340. 3-bedroom rentals prices have decreased by $450 (-13.04%) year-over-year from $3,450 to $3,000. 4-bedroom rentals prices have increased by $5,870 (187.54%) year-over-year from $3,130 to $9,000. 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 down by 24.54% this month. 1-bedroom rents have gone down by 5.13% this month. 2-bedroom rents have gone down by 0.98% this month. 3-bedroom rents have gone up by 1.12% this month. 4-bedroom rents have gone up by 11.34% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.29 $2,600 $2,171 (19.77%) $1,751 (48.51%)
2 BR $2.97 $3,340 $2,500 (33.60%) $2,272 (47.03%)
3 BR $3.11 $3,000 $3,450 (-13.04%) $2,667 (12.50%)
4+ BR N/A $9,000 $3,130 (187.54%) $4,488 (100.56%)

Historical Rents in West New York, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near West New York

There are a total of 1 cities nearby West New York. The average rent in West New York is currently $2,700 per month. Only one city nearby has an average rent lower than that. Our records show that Union City, NJ, with an average rent of $2,700, is the most affordable city nearby. In contrast, the most expensive city near West New York, NJ is Union City, NJ. Monthly rents here are on average $2,700 per month.

Let's compare West New York, NJ's rent against other top cities nearby by bedroom size. One bedrooms are about 15.38% more expensive. Two bedrooms in West New York, NJ are about 10.00% more expensive. Finally, rent for three bedrooms are about 22.33% more expensive. Want more information? Check out the top 1 cities near West New York, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Union City, NJ N/A $2,200 $2,700 $2,700

Top Neighborhoods Near West New York

There are a total of 5 neighborhoods in or near West New York. Some of these neighborhoods include Hell's Kitchen, Midtown East, and Upper West Side. We've included all of these top 5 neighborhoods in or near West New York, NJ in the following chart.

The average rent for these 5 neighborhoods in or near West New York, NJ is currently around $4,495 per month. Meaning, only five neighborhoods have a higher average rent than $4,495. Interestingly, the neighborhoods' average rent is higher than West New York's average rent, which is only $2,851. Out of all the neighborhoods in or near West New York, Hell's Kitchen has the most affordable average rent at $4,395 per month. Whereas, at $4,895 average rent per month, Midtown is the most expensive neighborhood in or near West New York. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Hell's Kitchen, New York, NY $3,396 $4,078 $5,595 $4,395
Midtown East, New York, NY $3,200 $4,375 $5,900 $4,400
Upper West Side, New York, NY $3,028 $4,200 $5,600 $4,495
Hudson Yards, New York, NY $3,625 $4,550 $6,700 $4,689
Midtown, New York, NY $3,513 $4,400 $6,950 $4,895

Top Counties Near West New York

There are a total of 5 counties located by West New York, NJ. Some of these counties include Union City, NJ, West New York, NJ, and North Bergen, NJ. The average rent for rentals in these counties is $2,926. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Union City, NJ. It's average rent per month is $2,700. Vice versa, with an average rent of $4,400, Manhattan, New York, NY is the most expensive county by West New York, NJ.

Typically, rent for studios in West New York, NJ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in West New York, NJ is 7.69% more expensive than other counties nearby. Finally, rent for two bedrooms in West New York, NJ is 2.50% more expensive than other counties nearby. We've listed the top 4 counties in the chart below.
County Studio 1 Bed 2 Bed All
Union City, NJ N/A $2,200 $2,700 $2,700
West New York, NJ N/A $2,600 $3,000 $2,851
North Bergen, NJ $2,900 $2,100 $2,850 $3,000
Manhattan, New York, NY $3,390 $4,230 $5,450 $4,400

Top Zipcodes Near West New York

There are a total of 12 zipcodes in or near West New York, NJ. The average rent for all of these zipcodes is $4,438.

The following chart includes the top 10 zipcodes in West New York, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10019, New York, NY $3,500 $4,100 $5,954 $4,495
10022, New York, NY $3,200 $4,300 $5,800 $4,400
10017, New York, NY $3,363 $4,500 $6,650 $4,525
10025, New York, NY $3,200 $3,944 $5,000 $4,376
10023, New York, NY $2,900 $4,500 $7,566 $4,350
10036, New York, NY $3,405 $4,370 $6,213 $4,700
10024, New York, NY $3,028 $4,375 $5,017 $4,475
10018, New York, NY $3,526 $4,712 $6,695 $4,523
10069, New York, NY $3,560 $4,800 $7,200 $5,498
07093, West New York, NJ N/A $2,600 $3,332 $2,900

Frequently Asked Questions - West New York Average Rents

What is the average rent price in West New York, NJ?
The average monthly rental price for West New York, NJ apartments for rent is approximately $2,851. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do West New York, NJ 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 West New York, NJ.
How much is a studio apartment in West New York, NJ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in West New York.
How much is a one bedroom apartment in West New York, NJ?
The average monthly rental price for one bedroom apartments is $2,600 and an average price per square feet of $3.29. There are a total of 25 one bedroom apartment listings currently available for rent in West New York.
How much is a two bedroom apartment in West New York, NJ?
The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $2.97. There are a total of 30 two bedroom apartment listings currently available for rent in West New York.
How have rent prices in West New York, NJ changed this year?
Rent prices for rentals in West New York, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.11%, one bedroom rental prices have changed by 0.20%, two bedroom rental prices have changed by 0.34%, and three bedroom rental prices have changed by -0.13% year-over-year.
What is a reasonable rent price in West New York, NJ?
A reasonable rent price in West New York, NJ is around $2,281/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