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New York Apartments Options

Average Rent in New York, NY

Avg. RentAnnual Change
New York Studio - $4,010-6%
New York 1 Bed - $5,097-5%
New York 2 Beds - $6,992-8%
Last updated 6/14/2024

Local Guide

See what New York, NY has to offer.

Local Reviews

Juniors cheese cake, near the brooklyn hospital. also near DUMBO and the manhantthan bridge. cobblestone streets and rich history

it is pretty cheap to live in this area, and it is close to most of things, so it is kind of easy to live in this area.

It is quiet, everything is nearby like grocery stores, toy/supplies stores and schools. There are also bakery, flower shop and parks.

They have outdoor activities nearby and my favorite business is Dunkin Donut and I like going to the field with friends and play

I live near the mall I love the restaurant and super market I am near McDonald's and the bank plenty of payspac

it safe transportation is near and good close to restautants bars where you could go with family and friends close to broadway shows

Demographics

Education

High School

43%

Associate's

21%

Bachelor's

23%

Master's

12%

Doctorate

2%

Family Size

2 people

37%

3 people

25%

4 people

20%

5 people

10%

6+ people

8%

Household Income

0-50k

41%

50-100k

25%

100-150k

14%

150-200k

8%

200k+

11%

Age

0-10

12%

10-20

11%

20-45

38%

45-65

24%

65+

15%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/14/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in New York, NY

In New York, NY, as of 2024, the average rent for apartments ranges from $4,010 to $6,992. Specifically, the average rent for a studio apartment in New York, NY is $4,010. For those seeking a 1-bedroom apartments, the average rent is $5,097. And for a 2-bedroom apartment, renters can expect to pay an average of $6,992.

Annual Rent Change Over the Past 12 Months

Studio

-6%

Changed from $4,266 to $4,010
1 Bed

-5%

Changed from $5,365 to $5,097
2 Beds

-8%

Changed from $7,600 to $6,992
Last updated 6/14/2024

Rent Ranges

Apartment PricesProportion
0%
0%
0%
5%
94%

Compare Other Cities

CityStudio Avg RentAnnual Change
Hoboken$3,470+74%
Jersey City$3,449-3%
Long Island City$3,322--
Brooklyn$3,313-10%
Weehawken$3,212-1%
Newark$2,6850%
Maplewood$2,432+10%
Stamford$1,928-4%
Queens$1,800+9%
Montclair$1,650+2%
Bronx$1,517-37%
City1 Bed Avg RentAnnual Change
Brooklyn$4,456+6%
Long Island City$4,269--
Jersey City$3,792-1%
Weehawken$3,703-5%
Hoboken$3,610+5%
Newark$2,542-5%
Stamford$2,516-2%
Queens$2,400+20%
Maplewood$2,305-7%
Montclair$2,249+5%
Bronx$1,767-31%
City2 Beds Avg RentAnnual Change
Long Island City$6,503--
Brooklyn$6,169+116%
Weehawken$5,826+2%
Jersey City$4,862-1%
Hoboken$4,469+5%
Stamford$3,300-4%
Maplewood$3,097+6%
Queens$2,800+12%
Montclair$2,575+7%
Newark$2,1000%
Bronx$2,0170%

Compare Neighborhoods

Sunnyside

$1,400

1 Bed Avg. Rent

Lenox Hill

$1,425

1 Bed Avg. Rent

Southeastern Queens

$1,914

1 Bed Avg. Rent

What are the most affordable neighborhoods in New York, NY?

For renters in New York seeking more affordable options, the neighborhoods to watch are Sunnyside, Lenox Hill, and Southeastern Queens, where average rents for 1-bedroom apartments stand at $1,400, $1,425, and $1,914 respectively. Additional areas offering value are Washington Heights and Bay Ridge, where the rents are $2,100 and $2,200, a favorable comparison to New York's overall 1-bedroom average of $5,097.

What are the most expensive neighborhoods in New York, NY?

In New York, the neighborhoods commanding the highest rents are SoHo, NoMad, and West Village. A 1-bedroom apartment in SoHo averages at $9,000, in NoMad it averages $6,277, and in West Village, the average is $5,775. For additional high-end living options, Tribeca offers 1-bedroom apartments at $5,765, and Midtown East at $5,748. These rates compare to the overall average rent of $5,097 for a 1-bedroom apartment in New York, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in New York, NY?

In New York, the most sought-after neighborhoods for renters include Kips Bay, Gramercy Park, and NoMad. In Kips Bay, the average rent for a 1-bedroom apartment is $4,945. Gramercy Park sees average rents of $4,550 for a 1-bedroom unit. NoMad offers similar appeal with 1-bedroom apartments averaging $6,277. For those seeking other popular areas, Murray Hill presents 1-bedroom apartments at $5,239, and Midtown Manhattan at $5,066. These prices are set against the backdrop of the city-wide average of $5,097 for a 1-bedroom apartment in New York, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
West Village$5,375-8%
East Village$5,109-6%
Alphabet City$5,109-6%
Murray Hill$5,049-4%
Chelsea$4,875+16%
NoMad$4,6850%
Morningside Heights$4,585+2%
Downtown Manhattan$4,486-18%
Northern Brooklyn$4,156-2%
Williamsburg$4,156-2%
Midtown Manhattan$4,136-2%
Times Square$4,036-8%
Hell's Kitchen$4,010+4%
Hudson Yards$3,966+2%
Lincoln Square$3,732-10%
SoHo$3,4250%
Upper West Side$3,413-10%
Fort Greene$3,411--
Financial District$3,400-24%
Kips Bay$3,350+46%
Downtown Brooklyn$3,293-9%
Upper Manhattan$3,292-14%
Sutton Place$3,200--
Midtown East$3,050+9%
Gramercy Park$3,000--
Yorkville$2,985+33%
DUMBO$2,950--
Lenox Hill$2,715--
Brooklyn Heights$2,710-33%
Upper East Side$2,550+13%
Harlem$2,500-45%
Park Slope$2,500--
East Harlem$2,500-58%
Greenwich Village$2,350-47%
Prospect Heights$2,312--
Bushwick$2,289--
Washington Heights$1,995+11%
Northeastern Queens$1,995+3%
Flatbush$1,900--
West Bronx$1,771-40%
Southeastern Queens$1,699+4%
Neighborhood1 Bed Avg RentAnnual Change
NoMad$6,277-7%
West Village$5,775+28%
Tribeca$5,765--
Midtown East$5,748+85%
Chelsea$5,703-21%
Alphabet City$5,690-15%
Downtown Manhattan$5,513-9%
Greenwich Village$5,500+20%
Lincoln Square$5,373-1%
Murray Hill$5,239-18%
Morningside Heights$5,217-4%
Upper West Side$5,140-3%
Sutton Place$5,122--
Midtown Manhattan$5,066-3%
Financial District$5,049-9%
East Village$5,010-25%
Harlem$4,997-8%
Kips Bay$4,945-3%
Upper Manhattan$4,916-8%
Williamsburg$4,900-8%
Hell's Kitchen$4,895-5%
Hudson Yards$4,838+4%
DUMBO$4,775--
Park Slope$4,700--
Northern Brooklyn$4,700+18%
Times Square$4,693+3%
Brooklyn Heights$4,658-1%
Fort Greene$4,595--
Gramercy Park$4,550--
Upper East Side$4,497-21%
Greenpoint$4,435--
Yorkville$4,390-23%
Prospect Heights$4,250-10%
Downtown Brooklyn$4,201-2%
Bushwick$3,250+30%
Lower East Side$3,125--
West Bronx$2,599+2%
East Harlem$2,500-37%
Flatbush$2,450--
Northeastern Queens$2,250+11%
Bay Ridge$2,200+38%
Ridgewood$2,200+19%
Coney Island$2,200--
Washington Heights$2,100-7%
Southeastern Queens$1,914+1%
Lenox Hill$1,425-52%
Sunnyside$1,400-7%
Neighborhood2 Beds Avg RentAnnual Change
Greenwich Village$9,425--
West Village$9,150-4%
NoMad$8,500-10%
Chelsea$8,246+11%
Brooklyn Heights$7,824-2%
Lincoln Square$7,665-3%
Upper West Side$7,359-9%
Tribeca$7,295--
Downtown Manhattan$7,237-7%
Midtown Manhattan$7,140+5%
Williamsburg$6,908+32%
Times Square$6,752-10%
Greenpoint$6,695--
Murray Hill$6,695-24%
Upper Manhattan$6,645-11%
Hudson Yards$6,593+5%
Hell's Kitchen$6,575+1%
Morningside Heights$6,570-18%
Northern Brooklyn$6,400+60%
Upper East Side$6,376+113%
Fort Greene$6,300--
Prospect Heights$6,110--
Yorkville$6,100+107%
Sutton Place$6,100--
Midtown East$6,033+32%
Gramercy Park$5,950+29%
Park Slope$5,900+23%
DUMBO$5,795--
Downtown Brooklyn$5,634-6%
Alphabet City$4,750-51%
Lenox Hill$4,750--
Financial District$4,600-40%
East Village$4,250-56%
Kips Bay$3,990-48%
Lower East Side$3,750--
Flatbush$3,450+19%
Harlem$3,400-52%
Bushwick$3,300+22%
East Harlem$3,200-7%
Coney Island$3,000--
Northeastern Queens$2,800+10%
West Bronx$2,795+24%
Southeastern Queens$2,650+5%
Sunset Park$2,500+14%
Washington Heights$2,395+14%
Ridgewood$2,100-16%

Transportation

Commute Time

0-15 Mins

9%

15-30 Mins

20%

30-40 Mins

20%

40-60 Mins

24%

60+ Mins

27%

Transportation Scores

Percentage: 9999

Walk Score®

Walkable

Yes

Say 612 of 1032 renters

Has Sidewalks

Yes

Say 681 of 1032 renters

Percentage: 8686

Bike Score®

Bike Friendly

No

Say 521 of 1032 renters

Percentage: 100100

Transit Score®

They Are Located Near Public Transportation

Yes

Say 715 of 1032 renters

Need A Car

Yes

Say 516 of 1032 renters

Area Amenities

Top Score

Restaurants

5/5 stars based on undefined reviews

Fine dining in New York. You'll find a foodie feast around here.

  1. Few restaurants per resident
  2. Significantly more restaurants than average
  3. 20% more restaurants than areas of a similar size

Coffee

5/5 stars based on undefined reviews

New York is chock full o' coffee.

  1. Few coffee shops per resident
  2. Significantly more coffee shops than average
  3. 34% more coffee shops than areas of a similar size

Nightlife

5/5 stars based on undefined reviews

Top notch for nightlife. Bar none.

  1. Few bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 17% more bars and clubs than areas of a similar size

Parks

5/5 stars based on undefined reviews

Perfect park country. More green than gray in New York.

  1. Few parks per resident
  2. Significantly more parks than average
  3. 17% more parks than areas of a similar size

Health and Fitness

5/5 stars based on undefined reviews

New York makes a strong showing.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 35% more gyms than areas of a similar size

Fine Arts

5/5 stars based on undefined reviews

New York is looking fine. Perfect score for art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. 89% more fine art centers than areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. New York has a lot of style.

  1. Few shops per resident
  2. Significantly more shops than average
  3. 9% fewer shops than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

New York is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 22% fewer pet facilities than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. Few medical facilities per resident
  2. Significantly more medical facilities than average
  3. 21% fewer medical facilities than areas of a similar size

Grocery Stores

3/5 stars based on undefined reviews

Things are looking up, there's supermarkets to be found 'round here.

  1. Few grocery stores per resident
  2. Significantly more grocery stores than average
  3. 21% fewer grocery stores than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in New York.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 89% fewer gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 817 of 1032 renters

Good Place To Raise A Family

Yes

Say 814 of 1032 renters

Area Has Potholes

No

Say 801 of 1032 renters

Noise Late At Night

No

Say 779 of 1032 renters

Near Grocery Stores

Yes

Say 694 of 1032 renters

Busy Streets

No

Say 653 of 1032 renters

Near Schools

Yes

Say 633 of 1032 renters

Nearby Parks

Yes

Say 630 of 1032 renters

Mostly Older Buildings

No

Say 605 of 1032 renters

Pet Friendly

Yes

Say 537 of 1032 renters

Safe For Families

Yes

Say 527 of 1032 renters

Quiet Area

No

Say 581 of 1032 renters

Well Lit

No

Say 584 of 1032 renters

Tree Lined Streets

No

Say 605 of 1032 renters

Area Has Kids Play Outside

No

Say 624 of 1032 renters

Near Highways

No

Say 707 of 1032 renters

Maintained Yards

No

Say 708 of 1032 renters

Nice Views

No

Say 758 of 1032 renters

Near Downtown

No

Say 778 of 1032 renters

Mostly Newer Buildings

No

Say 796 of 1032 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in New York

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

New York, NY

Overview of New York

New York City is undeniably one of the great metropolitan areas of the world. It may be the "city that never sleeps," but you'll need to go to bed on occasion. Luckily, New York City is rife with apartment and house rentals of all kinds. The city is broken into five boroughs-The Bronx, Brooklyn, Manhattan, Queens, and Staten Island. No matter if you're a born and bred New Yorker or brand new to the Big Apple, there will be an option somewhere for you.

Living in New York City

Each of New York City's five boroughs has a distinct character. Manhattan, from Harlem to Wall Street, is what most people picture when they think of New York. Majestic skyscrapers, Central Park, and even the Statue of Liberty fall within Manhattan's boundaries. Brooklyn ranges from the hipster havens of Williamsburg to the authentic Russian communities of Brighton Beach. Try the restaurants in Carroll Gardens or buy some avant-garde art of DUMBO. Chinese, Greek, Brazilian, Indian-Queens is resplendent with ethnic enclaves. The Bronx boasts an undiluted New York atmosphere from Astoria to Woodside. According to the U.S. Census, the Bronx is the most diverse area in the United States! Last but not least, Staten Island is just a ferry ride away. Bask in scenic skyline views, explore the art galleries of St. George, or investigate Historic Richmond Town.

New York City is one of the most expensive American cities to live in. That doesn't mean that you won't be able to afford it, though. While prices are high, so are salaries, and many different types of people make it work in New York. Space comes at a premium and so does location. While the average studio in Manhattan's Tribeca neighborhood goes for $2,805, you can get a 3 bedroom in the Bronx for about the same price.

In terms of entertainment, trying to to encapsulate the list of options for different things to do in New York City is like trying to fit the Moon in your pocket. Art, concerts, sports, food, tourist attractions, parks, performances, beaches, museums, and more all inhabit and enliven New York City.

See world-class opera at the Met. Climb the Empire State Building or have a picnic in Prospect Park. Feast on a burger at the Shake Shack or cheer on the Knicks. Looking for something to do on a Saturday night? How about stand-up comedy or a bar or club or a bowling alley? New York City nightlife doesn't even stop for the dawn.

Apartments in New York City-Study

There are plenty of fantastic higher education options if you want to study in the city that never sleeps. The Julliard School teaches performing arts, New York Law School trains attorneys, and Columbia, Barnard, and over 20 CUNY campuses join a cornucopia of other colleges in filling the city. Small and large, public and private, New York City hosts tons of higher education options.

Apartments in New York City-Work

New York City is also a hub of industry. From finance to filmmaking, from real estate to high tech, you can find it flourishing in New York. Major industries in the area include tourism, publishing, retail, insurance, and the arts. Along with London and Tokyo, it's one of three "command centers" for the world economy. In 2010, New York City had a gross metropolitan product of $1.28 trillion. It's the 2nd largest city economy in the world. Some of the major corporations based here include the Omnicom Group, Godiva, and NBC, among countless others.

New York Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our New York neighborhood guides. These guides walk you though what its like to live in these neighborhoods


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