Average Rent in Bay Ridge, New York, NY

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Current Versus Historical Bay Ridge, New York, NY Rents

Bay Ridge rentals average $2,798 for a studio rental to $4,400 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $3 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $326 (-13.46%) year-over-year from $2,421 to $2,095. 1-bedroom rentals prices have decreased by $32 (-1.48%) year-over-year from $2,177 to $2,145. 2-bedroom rentals prices have increased by $408 (15.17%) year-over-year from $2,692 to $3,100. 3-bedroom rentals prices have increased by $700 (23.33%) year-over-year from $3,000 to $3,700. 4-bedroom rentals prices have increased by $400 (10.00%) year-over-year from $4,000 to $4,400. 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 10.36% this month. 1-bedroom rents have gone down by 2.27% this month. 2-bedroom rents have gone up by 7.51% this month. 3-bedroom rents have gone up by 7.27% this month. 4-bedroom rents have gone down by 1.86% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,095	$2,421 (-13.46%)	$1,524 (37.45%)
1 BR	$2.85	$2,145	$2,177 (-1.48%)	$1,700 (26.18%)
2 BR	$3.21	$3,100	$2,692 (15.17%)	$2,379 (30.30%)
3 BR	$2.61	$3,700	$3,000 (23.33%)	$2,533 (46.05%)
4+ BR	N/A	$4,400	$4,000 (10.00%)	$3,183 (38.22%)

Historical Rents in Bay Ridge, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Bay Ridge

There are a total of 17 cities nearby Bay Ridge. The average rent in Bay Ridge is currently $3,550 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Bay Ridge, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,500 per month.

Let's compare Bay Ridge, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bay Ridge, New York, NY is 46.38% more expensive than other cities nearby. One bedrooms are about 31.71% more affordable. Two bedrooms in Bay Ridge, New York, NY are about 9.38% more affordable. Finally, rent for three bedrooms are about 24.29% more affordable. Want more information? Check out the top 10 cities out of 17 total cities near Bay Ridge, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Yonkers, NY	$1,850	$2,200	$2,600	$2,638
Asbury Park, NJ	$1,888	$2,300	$3,015	$3,075
Glen Cove, NY	$2,550	$3,200	$3,600	$3,500
Ocean Grove, NJ	$1,500	$3,050	$2,750	$3,500
White Plains, NY	$2,025	$2,690	$3,500	$3,500
Long Beach, NY	$1,963	$2,700	$3,500	$3,550
Oakhurst, NJ	N/A	N/A	N/A	$3,800
Long Branch, NJ	N/A	$3,000	$3,700	$4,000
New York, NY	$3,429	$4,200	$5,300	$4,281
Belmar, NJ	N/A	$2,875	$15,000	$4,300

Top Neighborhoods Near Bay Ridge

There are a total of 58 neighborhoods in or near Bay Ridge. Some of these neighborhoods include Flatbush, East Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 58 total neighborhoods in or near Bay Ridge, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Bay Ridge, New York, NY is currently around $4,323 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $4,323. Interestingly, the neighborhoods' average rent is higher than Bay Ridge's average rent, which is only $3,100. Out of all the neighborhoods in or near Bay Ridge, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $9,925 average rent per month, SoHo is the most expensive neighborhood in or near Bay Ridge. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flatbush, New York, NY	$2,635	$2,750	$3,200	$2,999
East Flatbush, New York, NY	$2,075	$2,675	$2,850	$3,130
Bedford-Stuyvesant, New York, NY	$2,500	$2,995	$3,075	$3,150
Ocean Hill, New York, NY	$2,058	$2,685	$2,923	$3,200
Crown Heights, New York, NY	$2,842	$2,900	$3,791	$3,333
Bushwick, New York, NY	$2,795	$3,222	$3,400	$3,400
Bowery, New York, NY	$2,800	$3,450	$4,995	$3,950
Boerum Hill, New York, NY	$3,400	$3,850	$6,545	$3,970
Fort Greene, New York, NY	$3,548	$4,250	$5,044	$4,250
Clinton Hill, New York, NY	$3,125	$3,995	$5,059	$4,277
Financial District, New York, NY	$3,525	$4,594	$6,400	$4,300
Downtown Brooklyn, New York, NY	$3,447	$4,264	$5,818	$4,346
Prospect Heights, New York, NY	$3,585	$4,398	$4,898	$4,350
East Village, New York, NY	$2,750	$3,695	$4,495	$4,495
Kips Bay, New York, NY	$3,615	$3,995	$5,445	$4,495
Park Slope, New York, NY	$2,950	$3,500	$4,500	$4,500
Lower East Side, New York, NY	$3,413	$3,550	$4,595	$4,598
NoLita, New York, NY	N/A	$4,495	$5,495	$4,648
Little Italy, New York, NY	$3,150	$4,250	$5,430	$4,750
Williamsburg, New York, NY	$3,722	$4,575	$5,400	$4,826
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,027	$6,015	$5,097
West Village, New York, NY	$4,642	$5,400	$8,750	$5,350
Carroll Gardens, New York, NY	$2,825	$3,650	$5,500	$5,500
Greenwich Village, New York, NY	$4,000	$5,700	$6,950	$5,600
Gramercy Park, New York, NY	$3,750	$5,500	$5,695	$5,600
Flatiron District, New York, NY	$4,650	$5,650	$10,748	$5,650
Battery Park City, New York, NY	$5,100	$5,003	$8,325	$6,241
Brooklyn Heights, New York, NY	$3,400	$4,280	$8,649	$6,700
Tribeca, New York, NY	$4,510	$6,779	$8,874	$7,921
SoHo, New York, NY	$3,398	$5,000	$12,995	$9,925

Top Counties Near Bay Ridge

There are a total of 58 counties located by Bay Ridge, New York, NY. Some of these counties include Woodbridge, NJ, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,100. Vice versa, with an average rent of $8,500, Spring Lake, NJ is the most expensive county by Bay Ridge, New York, NY.

Typically, rent for studios in Bay Ridge, New York, NY is 33.87% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Bay Ridge, New York, NY is 26.83% more affordable than other counties nearby. Finally, rent for two bedrooms in Bay Ridge, New York, NY is 6.25% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Woodbridge, NJ	N/A	$1,950	$2,500	$2,775
Edison, NJ	N/A	$2,000	$2,500	$2,950
Bronx, New York, NY	$2,200	$2,575	$3,035	$3,000
Queens, New York, NY	$2,900	$2,904	$3,499	$3,295
Long Beach, NY	$1,963	$2,700	$3,500	$3,550
Hempstead, NY	$2,000	$2,635	$3,200	$3,600
Brooklyn, New York, NY	$3,427	$3,599	$4,200	$3,800
Long Branch, NJ	N/A	$3,000	$3,700	$4,000
Manhattan, New York, NY	$3,495	$4,495	$5,995	$4,569
North Hempstead, NY	N/A	$2,798	$4,100	$4,600

Top Zipcodes Near Bay Ridge

There are a total of 6 zipcodes in or near Bay Ridge, New York, NY. The average rent for all of these zipcodes is $3,673.

The following chart includes the top 6 zipcodes in Bay Ridge, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10280, New York, NY	$3,600	$4,459	$6,462	$5,065
10023, New York, NY	$3,000	$5,000	$7,995	$5,070
10128, New York, NY	$3,350	$4,200	$5,410	$3,995
11375, New York, NY	$2,730	$3,250	$3,675	$3,350
10035, New York, NY	$2,299	$2,822	$3,048	$2,986
10463, New York, NY	$2,600	$2,685	$3,289	$3,125

Frequently Asked Questions - Bay Ridge Average Rents

What is the average rent price in Bay Ridge, New York, NY?

The average monthly rental price for Bay Ridge, 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 Bay Ridge, 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 Bay Ridge, New York, NY.

How much is a studio apartment in Bay Ridge, New York, NY?

The average monthly rental price for studio apartments is $2,798 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in Bay Ridge.

How much is a one bedroom apartment in Bay Ridge, New York, NY?

The average monthly rental price for one bedroom apartments is $2,050 and an average price per square feet of $2.85. There are a total of 10 one bedroom apartment listings currently available for rent in Bay Ridge.

How much is a two bedroom apartment in Bay Ridge, New York, NY?

The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $3.21. There are a total of 14 two bedroom apartment listings currently available for rent in Bay Ridge.

How have rent prices in Bay Ridge, New York, NY changed this year?

Rent prices for rentals in Bay Ridge, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.23% year-over-year.

What is a reasonable rent price in Bay Ridge, New York, NY?

A reasonable rent price in Bay Ridge, New York, NY is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.