Average Rent in West Village, New York, NY

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Current Versus Historical West Village, New York, NY Rents

West Village rentals average $3,950 for a studio rental to $13,948 for a 4-bedroom rental. The median price of all currently available listings is $4,800, or roughly $11 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $60 (1.54%) year-over-year from $3,890 to $3,950. 1-bedroom rentals prices have increased by $202 (4.25%) year-over-year from $4,748 to $4,950. 2-bedroom rentals prices have decreased by $704 (-9.78%) year-over-year from $7,204 to $6,500. 3-bedroom rentals prices have increased by $1,902 (20.90%) year-over-year from $9,098 to $11,000. 4-bedroom rentals prices have increased by $836 (5.34%) year-over-year from $15,664 to $16,500. 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 1.58% this month. 1-bedroom rents have gone up by 0.37% this month. 2-bedroom rents have gone up by 4.28% this month. 3-bedroom rents have gone up by 20.04% this month. 4-bedroom rents have gone up by 7.11% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $11.61 $3,950 $3,890 (1.54%) $2,661 (48.44%)
1 BR $9.90 $4,950 $4,748 (4.25%) $3,663 (35.12%)
2 BR $11.57 $6,500 $7,204 (-9.78%) $4,626 (40.53%)
3 BR $8.88 $11,000 $9,098 (20.90%) $6,097 (80.43%)
4+ BR $12.12 $16,500 $15,664 (5.34%) $17,383 (-5.08%)

Historical Rents in West Village, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near West Village

There are a total of 30 cities nearby West Village. The average rent in West Village is currently $3,650 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 $1,950, is the most affordable city nearby. In contrast, the most expensive city near West Village, New York, NY is Westport, CT. Monthly rents here are on average $14,000 per month.

Let's compare West Village, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in West Village, New York, NY is 63.92% more expensive than other cities nearby. One bedrooms are about 55.00% more expensive. Two bedrooms in West Village, New York, NY are about 48.40% more expensive. Finally, rent for three bedrooms are about 70.61% more expensive. Want more information? Check out the top 10 cities out of 30 total cities near West Village, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,900 $2,100 $2,300
Bayonne, NJ $2,100 $2,100 $2,529 $2,500
Elizabeth, NJ N/A $1,900 $2,250 $2,500
West New York, NJ $1,700 $2,463 $2,825 $2,600
Union City, NJ $1,900 $2,100 $2,850 $2,800
Jersey City, NJ $2,088 $2,700 $2,699 $2,800
Fort Lee, NJ $1,550 $2,450 $3,350 $3,000
Edgewater, NJ $2,175 $2,550 $3,750 $3,800
Hoboken, NJ $2,350 $3,100 $3,985 $3,850
New York, NY $3,600 $4,300 $5,200 $4,495

Top Neighborhoods Near West Village

There are a total of 54 neighborhoods in or near West Village. Some of these neighborhoods include Bergen - Lafayette, The Heights, and Historic Downtown. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near West Village, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near West Village, New York, NY is currently around $4,247 per month. A total of 37 neighborhoods have a lower average rent. Out of all the neighborhoods in or near West Village, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,125 average rent per month, Ocean Beach is the most expensive neighborhood in or near West Village. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bergen - Lafayette, Jersey City, NJ $1,741 $2,350 $2,500 $2,700
The Heights, Jersey City, NJ $1,475 $2,494 $2,600 $2,700
Historic Downtown, Jersey City, NJ $2,323 $2,700 $3,175 $3,000
Fort Greene, New York, NY $3,520 $4,580 $6,350 $3,715
The Waterfront, Jersey City, NJ $3,047 $3,565 $4,800 $3,800
Bowery, New York, NY $2,800 $3,599 $4,250 $3,995
NoHo, New York, NY $4,150 $4,735 $7,875 $4,200
Downtown Brooklyn, New York, NY $3,423 $4,264 $5,950 $4,294
Murray Hill, New York, NY $3,625 $4,400 $5,800 $4,300
Financial District, New York, NY $3,650 $4,583 $6,495 $4,356
NoLita, New York, NY $3,480 $4,395 $5,600 $4,395
Midtown East, New York, NY $3,400 $4,500 $5,300 $4,500
Flatiron District, New York, NY $4,125 $5,900 $9,071 $4,600
Hell's Kitchen, New York, NY $3,700 $4,381 $5,925 $4,695
East Village, New York, NY $2,843 $3,595 $4,675 $4,798
Greenwich Village, New York, NY $4,100 $5,000 $4,995 $4,800
Midtown South, New York, NY $3,498 $4,950 $6,995 $4,900
Hudson Yards, New York, NY $3,750 $4,600 $6,995 $5,011
Battery Park City, New York, NY $3,860 $4,900 $6,750 $5,139
Greenpoint, New York, NY $3,523 $4,400 $6,325 $5,150
Kips Bay, New York, NY $3,865 $4,178 $5,445 $5,163
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,250
Chelsea, New York, NY $3,950 $5,526 $8,020 $5,350
Lower East Side, New York, NY $3,398 $3,995 $4,595 $5,490
SoHo, New York, NY $4,850 $4,850 $6,495 $5,550
NoMad, New York, NY $4,425 $5,590 $8,679 $5,651
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,047 $6,127 $5,776
Gramercy Park, New York, NY $3,815 $5,000 $5,795 $5,898
Midtown, New York, NY $3,475 $4,750 $6,500 $6,300
Tribeca, New York, NY $4,350 $6,000 $7,495 $6,850

Top Counties Near West Village

There are a total of 54 counties located by West Village, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and West New York, NJ. The average rent for rentals in these counties is $4,000. That's roughly around $3 per sqft. A total of 24 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 $14,000, Westport, CT is the most expensive county by West Village, New York, NY.

Typically, rent for studios in West Village, New York, NY is 60.76% more expensive than other counties nearby. In comparison, rent for one bedroom listings in West Village, New York, NY is 49.00% more expensive than other counties nearby. Finally, rent for two bedrooms in West Village, New York, NY is 45.64% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,900 $2,100 $2,300
Bayonne, NJ $2,100 $2,100 $2,529 $2,500
West New York, NJ $1,700 $2,463 $2,825 $2,600
Jersey City, NJ $2,088 $2,700 $2,699 $2,800
North Bergen, NJ $2,300 $2,373 $2,850 $2,850
Fort Lee, NJ $1,550 $2,450 $3,350 $3,000
Queens, New York, NY $3,204 $3,155 $4,100 $3,545
Hoboken, NJ $2,350 $3,100 $3,985 $3,850
Brooklyn, New York, NY $3,599 $4,043 $4,000 $4,000
Manhattan, New York, NY $3,650 $4,450 $5,650 $4,650

Top Zipcodes Near West Village

There are a total of 50 zipcodes in or near West Village, New York, NY. The average rent for all of these zipcodes is $4,500. A total of 31 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 $9,000 per month is 11561, Lido Beach, NY.

Studios in these zipcodes have an average rent of $3,378. 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 West Village, New York, NY is $4,022 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,525 per month. Which comes out to $7 per sqft. The following chart includes the top 10 zipcodes in West Village, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10014, New York, NY $4,350 $5,150 $6,495 $4,895
10011, New York, NY $3,750 $5,500 $5,925 $4,750
10012, New York, NY $3,480 $4,125 $5,600 $4,395
10013, New York, NY $3,925 $5,250 $7,971 $6,295
10003, New York, NY $3,998 $4,725 $5,700 $5,495
10001, New York, NY $4,202 $5,490 $8,087 $5,490
10007, New York, NY $4,375 $6,335 $8,048 $6,545
10010, New York, NY $4,050 $5,175 $5,415 $5,341
10018, New York, NY $3,700 $5,000 $6,995 $5,100
10038, New York, NY $3,620 $4,569 $6,479 $4,500

Frequently Asked Questions - West Village Average Rents

What is the average rent price in West Village, New York, NY?
The average monthly rental price for West Village, New York, NY apartments for rent is approximately $4,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do West Village, 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 West Village, New York, NY.
How much is a studio apartment in West Village, New York, NY?
The average monthly rental price for studio apartments is $3,950 and an average price per square feet of $11.61. There are a total of 264 studio apartment listings currently available for rent in West Village.
How much is a one bedroom apartment in West Village, New York, NY?
The average monthly rental price for one bedroom apartments is $5,000 and an average price per square feet of $9.90. There are a total of 199 one bedroom apartment listings currently available for rent in West Village.
How much is a two bedroom apartment in West Village, New York, NY?
The average monthly rental price for two bedroom apartments is $6,250 and an average price per square feet of $11.57. There are a total of 80 two bedroom apartment listings currently available for rent in West Village.
How have rent prices in West Village, New York, NY changed this year?
Rent prices for rentals in West Village, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by -0.10%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in West Village, New York, NY?
A reasonable rent price in West Village, New York, NY is around $3,840/month. You can search for these reasonably priced rental listings on RentHop.
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