Average Rent in East Village, New York, NY

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Current Versus Historical East Village, New York, NY Rents

East Village rentals average $2,995 for a studio rental to $7,446 for a 4-bedroom rental. The median price of all currently available listings is $4,495, or roughly $7 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $99 (-3.43%) year-over-year from $2,898 to $2,799. 1-bedroom rentals prices have increased by $367 (10.70%) year-over-year from $3,428 to $3,795. 2-bedroom rentals prices have increased by $18 (0.41%) year-over-year from $4,482 to $4,500. 3-bedroom rentals prices have decreased by $330 (-5.66%) year-over-year from $5,830 to $5,500. 4-bedroom rentals prices have increased by $1,038 (14.30%) year-over-year from $7,262 to $8,300. 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 4.50% this month. 1-bedroom rents have gone up by 1.79% this month. 2-bedroom rents have gone down by 5.53% this month. 3-bedroom rents have gone down by 4.57% this month. 4-bedroom rents have gone up by 2.49% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.14 $2,799 $2,898 (-3.43%) $2,300 (21.70%)
1 BR $6.57 $3,795 $3,428 (10.70%) $3,038 (24.90%)
2 BR $6.47 $4,500 $4,482 (0.41%) $3,930 (14.50%)
3 BR $5.75 $5,500 $5,830 (-5.66%) $5,330 (3.19%)
4+ BR $6.32 $8,300 $7,262 (14.30%) $7,159 (15.94%)

Historical Rents in East Village, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near East Village

There are a total of 18 cities nearby East Village. The average rent in East Village is currently $3,375 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near East Village, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,500 per month.

Let's compare East Village, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in East Village, New York, NY is 45.74% more expensive than other cities nearby. One bedrooms are about 41.94% more expensive. Two bedrooms in East Village, New York, NY are about 34.35% more expensive. Finally, rent for three bedrooms are about 24.93% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near East Village, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
West Babylon, NY N/A $2,395 $2,893 $2,500
Asbury Park, NJ $1,650 $2,150 $2,800 $2,700
Yonkers, NY $2,100 $2,200 $2,800 $2,750
Stamford, CT $1,825 $2,207 $3,009 $2,950
White Plains, NY $2,275 $2,650 $3,600 $3,300
Long Beach, NY $1,963 $2,600 $3,300 $3,450
New Rochelle, NY $2,413 $2,900 $3,500 $3,500
Long Branch, NJ N/A $3,000 $3,775 $3,850
Harrison, NY $2,620 $2,970 $4,154 $4,202
New York, NY $3,450 $4,200 $5,050 $4,250

Top Neighborhoods Near East Village

There are a total of 59 neighborhoods in or near East Village. Some of these neighborhoods include Bowery, Murray Hill, and Long Island City. We've included the top 30 neighborhoods out of 59 total neighborhoods in or near East Village, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near East Village, New York, NY is currently around $4,239 per month. A total of 35 neighborhoods have a lower average rent. Out of all the neighborhoods in or near East Village, East Side has the most affordable average rent at $2,250 per month. Whereas, at $9,995 average rent per month, SoHo is the most expensive neighborhood in or near East Village. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bowery, New York, NY $2,899 $3,499 $4,815 $3,897
Murray Hill, New York, NY $3,425 $4,291 $6,500 $4,055
Long Island City, New York, NY $3,300 $3,995 $5,995 $4,090
NoHo, New York, NY $4,000 $4,585 $14,750 $4,150
Fort Greene, New York, NY $3,600 $4,150 $4,275 $4,150
Clinton Hill, New York, NY $2,850 $3,838 $5,550 $4,160
Downtown Brooklyn, New York, NY $3,428 $4,225 $5,846 $4,280
Financial District, New York, NY $3,458 $4,500 $6,350 $4,300
Hudson Yards, New York, NY $3,538 $4,490 $6,623 $4,416
NoLita, New York, NY $9,943 $3,900 $5,495 $4,495
Midtown East, New York, NY $3,375 $4,400 $5,998 $4,500
Kips Bay, New York, NY $3,605 $4,260 $5,470 $4,570
Midtown South, New York, NY $3,611 $4,940 $6,235 $4,731
Brooklyn Heights, New York, NY $3,300 $4,250 $6,931 $4,744
Williamsburg, New York, NY $3,807 $4,582 $5,075 $4,750
West Village, New York, NY $3,925 $5,125 $6,750 $4,850
Greenwich Village, New York, NY $4,125 $5,525 $7,798 $4,850
Lower East Side, New York, NY $3,497 $4,000 $4,765 $4,925
Midtown, New York, NY $3,700 $4,298 $6,600 $5,000
Greenpoint, New York, NY $3,374 $4,250 $5,328 $5,009
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,920 $6,054 $5,057
Little Italy, New York, NY $3,250 $4,500 $4,625 $5,295
Chelsea, New York, NY $3,925 $5,596 $7,995 $5,398
Gramercy Park, New York, NY $3,711 $5,550 $4,995 $5,495
NoMad, New York, NY $4,335 $5,676 $8,291 $5,724
Flatiron District, New York, NY $4,300 $5,775 $9,631 $5,800
Battery Park City, New York, NY $4,132 $4,608 $8,540 $5,999
DUMBO, New York, NY $3,653 $4,962 $6,879 $6,123
Tribeca, New York, NY $4,675 $5,921 $8,541 $8,000
SoHo, New York, NY $3,438 $5,200 $13,828 $9,995

Top Counties Near East Village

There are a total of 59 counties located by East Village, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,400. That's roughly around $3 per sqft. A total of 30 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,000. Vice versa, with an average rent of $9,500, Spring Lake, NJ is the most expensive county by East Village, New York, NY.

Typically, rent for studios in East Village, New York, NY is 42.40% more expensive than other counties nearby. In comparison, rent for one bedroom listings in East Village, New York, NY is 34.12% more expensive than other counties nearby. Finally, rent for two bedrooms in East Village, New York, NY is 29.92% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $2,100 $2,200 $2,800 $2,750
Bronx, New York, NY $2,150 $2,575 $3,200 $3,000
Queens, New York, NY $2,850 $2,786 $3,498 $3,283
Hempstead, NY $2,013 $2,500 $3,010 $3,413
New Rochelle, NY $2,413 $2,900 $3,500 $3,500
Long Beach, NY $1,963 $2,600 $3,300 $3,500
Brooklyn, New York, NY $3,373 $3,689 $4,199 $3,850
Greenburgh, NY $1,900 $2,700 $3,600 $4,100
Manhattan, New York, NY $3,495 $4,395 $5,750 $4,495
North Hempstead, NY $3,575 $2,600 $4,000 $4,538

Top Zipcodes Near East Village

There are a total of 6 zipcodes in or near East Village, New York, NY. The average rent for all of these zipcodes is $3,575. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,863 per month. In comparison, the zipcode with the most expensive average rent of $4,631 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,998. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near East Village, New York, NY is $3,525 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,370 per month. Which comes out to $5 per sqft. The following chart includes the top 6 zipcodes in East Village, 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 $3,812 $4,467 $6,429 $4,631
10023, New York, NY $3,400 $4,950 $8,295 $4,548
10128, New York, NY $3,350 $4,100 $5,295 $4,000
10035, New York, NY $2,299 $2,713 $3,200 $2,863
11375, New York, NY $2,645 $2,950 $3,445 $3,150
10463, New York, NY $1,995 $2,720 $3,289 $2,995

Frequently Asked Questions - East Village Average Rents

What is the average rent price in East Village, New York, NY?
The average monthly rental price for East Village, New York, NY apartments for rent is approximately $4,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do East 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 East Village, New York, NY.
How much is a studio apartment in East Village, New York, NY?
The average monthly rental price for studio apartments is $2,995 and an average price per square feet of $7.14. There are a total of 123 studio apartment listings currently available for rent in East Village.
How much is a one bedroom apartment in East Village, New York, NY?
The average monthly rental price for one bedroom apartments is $3,795 and an average price per square feet of $6.57. There are a total of 307 one bedroom apartment listings currently available for rent in East Village.
How much is a two bedroom apartment in East Village, New York, NY?
The average monthly rental price for two bedroom apartments is $4,495 and an average price per square feet of $6.47. There are a total of 456 two bedroom apartment listings currently available for rent in East Village.
How have rent prices in East Village, New York, NY changed this year?
Rent prices for rentals in East Village, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in East Village, New York, NY?
A reasonable rent price in East Village, New York, NY is around $3,596/month. You can search for these reasonably priced rental listings on RentHop.
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