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 $0 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,895, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have decreased by $391 (-16.03%) year-over-year from $2,438 to $2,048. 1-bedroom rentals prices have increased by $150 (7.32%) year-over-year from $2,050 to $2,200. 2-bedroom rentals prices have increased by $89 (3.18%) year-over-year from $2,808 to $2,898. 3-bedroom rentals prices have decreased by $283 (-8.63%) year-over-year from $3,283 to $3,000. 4-bedroom rentals prices have increased by $500 (12.50%) year-over-year from $4,000 to $4,500. 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 up by 10.73% this month. 1-bedroom rents have gone up by 1.31% this month. 2-bedroom rents have gone up by 1.16% this month. 3-bedroom rents have gone down by 12.17% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.36 $2,200 $2,050 (7.32%) $1,717 (28.16%)
2 BR $3.20 $2,898 $2,808 (3.18%) $2,379 (21.79%)
3 BR $3.05 $3,000 $3,283 (-8.63%) $2,600 (15.38%)

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 19 cities nearby Bay Ridge. The average rent in Bay Ridge is currently $4,200 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near Bay Ridge, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,000 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 inf% more affordable than other cities nearby. One bedrooms are about 3.09% more affordable. Two bedrooms in Bay Ridge, New York, NY are about 24.25% more affordable. Finally, rent for three bedrooms are about 47.54% more affordable. Want more information? Check out the top 10 cities out of 19 total cities near Bay Ridge, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,150 $2,325 $2,700 $2,843
Asbury Park, NJ $2,200 $2,450 $3,850 $3,250
Glen Cove, NY $2,550 $3,200 $3,525 $3,423
Ocean Grove, NJ N/A $3,050 $2,625 $3,500
Long Beach, NY $2,000 $2,500 $3,600 $3,700
Long Branch, NJ N/A $3,050 $3,500 $4,000
Oakhurst, NJ N/A N/A N/A $4,200
New York, NY $3,500 $4,269 $5,491 $4,262
New Rochelle, NY $2,799 $3,100 $4,384 $4,294
Belmar, NJ N/A $4,000 $16,500 $6,400

Top Neighborhoods Near Bay Ridge

There are a total of 53 neighborhoods in or near Bay Ridge. Some of these neighborhoods include East Flatbush, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 53 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 $4,300 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $4,300. Interestingly, the neighborhoods' average rent is higher than Bay Ridge's average rent, which is only $2,895. Out of all the neighborhoods in or near Bay Ridge, East Side has the most affordable average rent at $2,294 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Bay Ridge. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
East Flatbush, New York, NY $2,038 $2,450 $2,800 $2,903
Flatbush, New York, NY $2,618 $2,785 $3,050 $2,958
Bedford-Stuyvesant, New York, NY $2,467 $2,895 $3,200 $3,200
Bushwick, New York, NY $2,795 $3,178 $3,300 $3,300
Crown Heights, New York, NY $2,860 $3,100 $3,556 $3,395
Bowery, New York, NY $2,800 $3,500 $3,749 $3,450
Ridgewood, New York, NY N/A $2,958 $3,350 $3,499
Clinton Hill, New York, NY $3,025 $3,998 $4,400 $4,050
Park Slope, New York, NY $3,700 $3,850 $4,300 $4,064
Little Italy, New York, NY $3,500 $4,000 $5,395 $4,200
Prospect Heights, New York, NY $3,635 $4,390 $5,795 $4,300
Downtown Brooklyn, New York, NY $3,376 $4,266 $5,616 $4,320
Fort Greene, New York, NY $3,500 $4,375 $6,268 $4,425
Financial District, New York, NY $3,500 $4,650 $6,380 $4,441
Kips Bay, New York, NY $3,850 $3,995 $5,495 $4,445
East Village, New York, NY $3,150 $3,795 $5,092 $4,650
Greenpoint, New York, NY $3,399 $4,250 $5,727 $4,900
Brooklyn Heights, New York, NY $3,502 $4,312 $7,771 $4,910
NoLita, New York, NY N/A $4,995 $5,495 $4,995
Williamsburg, New York, NY $3,827 $4,723 $5,900 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,017 $6,179 $5,286
Lower East Side, New York, NY $3,722 $3,995 $5,495 $5,299
West Village, New York, NY $4,495 $5,400 $6,650 $5,300
Flatiron District, New York, NY $4,200 $5,800 $8,696 $5,600
Greenwich Village, New York, NY $4,200 $5,700 $5,500 $5,650
NoMad, New York, NY $4,444 $5,768 $8,800 $5,683
Gramercy Park, New York, NY $3,650 $5,585 $5,875 $5,725
Battery Park City, New York, NY $3,775 $4,866 $8,700 $5,875
SoHo, New York, NY $3,195 $4,495 $13,500 $7,819
Tribeca, New York, NY $4,575 $6,443 $9,999 $7,995

Top Counties Near Bay Ridge

There are a total of 53 counties located by Bay Ridge, New York, NY. Some of these counties include Yonkers, NY, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,750. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $9,000, 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 inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Bay Ridge, New York, NY is 3.09% more affordable than other counties nearby. Finally, rent for two bedrooms in Bay Ridge, New York, NY is 19.28% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $2,150 $2,325 $2,700 $2,843
Edison, NJ N/A $2,000 $2,550 $2,925
Bronx, New York, NY $2,200 $2,500 $3,018 $3,100
Queens, New York, NY $3,000 $2,900 $3,413 $3,300
Long Beach, NY $2,000 $2,500 $3,600 $3,700
Hempstead, NY $2,000 $2,500 $3,400 $3,700
Brooklyn, New York, NY $3,397 $3,814 $4,047 $3,800
Long Branch, NJ N/A $3,050 $3,500 $4,000
North Hempstead, NY $1,900 $3,110 $3,885 $4,225
Manhattan, New York, NY $3,535 $4,500 $5,990 $4,600

Top Zipcodes Near Bay Ridge

There are a total of 4 zipcodes in or near Bay Ridge, New York, NY. The average rent for all of these zipcodes is $3,495.

The following chart includes the top 4 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
10023, New York, NY $3,407 $5,035 $8,215 $4,680
10128, New York, NY $3,350 $4,185 $5,586 $3,995
11375, New York, NY $2,665 $2,600 $3,500 $2,995
10035, New York, NY $2,531 $2,753 $3,000 $2,949

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 $2,895. 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 $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 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 $2,425 and an average price per square feet of $3.36. There are a total of 8 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 $2,898 and an average price per square feet of $3.20. 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 -0.16%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.09% 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 $2,316/month. You can search for these reasonably priced rental listings on RentHop.
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