Average Rent in Gramercy Park, New York, NY

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Current Versus Historical Gramercy Park, New York, NY Rents

Gramercy Park rentals average $4,095 for a studio rental to $10,495 for a 4-bedroom rental. The median price of all currently available listings is $6,995, or roughly $105 per square feet.
For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $360 (9.65%) year-over-year from $3,735 to $4,095. 1-bedroom rentals prices have increased by $528 (10.41%) year-over-year from $5,072 to $5,600. 2-bedroom rentals prices have decreased by $661 (-10.40%) year-over-year from $6,356 to $5,695. 3-bedroom rentals prices have increased by $800 (10.67%) year-over-year from $7,495 to $8,295. 4-bedroom rentals prices have increased by $1,653 (19.46%) year-over-year from $8,497 to $10,150. 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 0.66% this month. 1-bedroom rents have gone down by 3.42% this month. 2-bedroom rents have gone down by 10.26% this month. 3-bedroom rents have gone up by 1.22% this month. 4-bedroom rents have gone down by 9.90% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $106.54 $4,095 $3,735 (9.65%) $3,665 (11.73%)
1 BR $114.97 $5,600 $5,072 (10.41%) $4,631 (20.93%)
2 BR $110.86 $5,695 $6,356 (-10.40%) $5,265 (8.17%)
3 BR $85.52 $8,295 $7,495 (10.67%) $6,813 (21.75%)
4+ BR $199.10 $10,150 $8,497 (19.46%) $11,174 (-9.16%)

Historical Rents in Gramercy Park, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Gramercy Park

There are a total of 25 cities nearby Gramercy Park. The average rent in Gramercy Park is currently $3,138 per month. A total of 22 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 Gramercy Park, New York, NY is Westport, CT. Monthly rents here are on average $11,000 per month.

Let's compare Gramercy Park, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Gramercy Park, New York, NY is 49.94% more expensive than other cities nearby. One bedrooms are about 53.84% more expensive. Two bedrooms in Gramercy Park, New York, NY are about 49.22% more expensive. Finally, rent for three bedrooms are about 50.57% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Gramercy Park, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,599 $1,730 $2,200 $2,275
Hackensack, NJ N/A $2,300 $2,850 $2,650
Yonkers, NY $1,845 $2,200 $2,500 $2,650
Jersey City, NJ $2,597 $2,350 $2,550 $2,775
Bayonne, NJ $2,499 $2,698 $3,500 $2,780
Fort Lee, NJ $1,823 $2,700 $3,250 $3,050
Palisades Park, NJ $2,050 $2,125 $2,750 $3,107
Cliffside Park, NJ $1,995 $2,150 $3,200 $3,200
Edgewater, NJ $2,455 $2,700 $4,425 $3,850
New York, NY $3,800 $4,692 $6,225 $4,932

Top Neighborhoods Near Gramercy Park

There are a total of 71 neighborhoods in or near Gramercy Park. Some of these neighborhoods include NoHo, Murray Hill, and Hell's Kitchen. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near Gramercy Park, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Gramercy Park, New York, NY is currently around $4,675 per month. A total of 66 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Gramercy Park's average rent, which is actually $6,995. Out of all the neighborhoods in or near Gramercy Park, Brooklawn - St. Vincent has the most affordable average rent at $2,000 per month. Whereas, at $8,400 average rent per month, Ocean Beach is the most expensive neighborhood in or near Gramercy Park. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
NoHo, New York, NY $4,650 $5,650 $9,500 $4,650
Murray Hill, New York, NY $3,800 $4,750 $7,396 $4,695
Hell's Kitchen, New York, NY $3,700 $4,500 $6,450 $4,800
Brooklyn Heights, New York, NY $3,700 $4,612 $7,000 $4,800
Roosevelt Island, New York, NY $3,765 $4,200 $5,300 $4,800
Financial District, New York, NY $4,100 $5,295 $7,195 $5,192
Midtown South, New York, NY $3,898 $5,450 $6,969 $5,263
Midtown, New York, NY $3,928 $5,053 $7,450 $5,349
Greenpoint, New York, NY $3,690 $4,642 $7,000 $5,350
Kips Bay, New York, NY $3,975 $4,515 $5,900 $5,387
Williamsburg, New York, NY $4,195 $5,000 $6,000 $5,425
NoLita, New York, NY $4,295 $5,495 $6,995 $5,495
Two Bridges, New York, NY $4,123 $5,295 $8,595 $5,500
Hudson Yards, New York, NY $4,150 $5,595 $8,141 $5,600
Midtown East, New York, NY $3,825 $5,250 $6,820 $5,650
East Village, New York, NY $3,900 $4,295 $6,295 $5,695
Greenwich Village, New York, NY $4,600 $6,300 $8,250 $5,779
West Village, New York, NY $4,295 $5,800 $7,495 $5,934
Bowery, New York, NY $3,550 $3,799 $6,495 $5,995
DUMBO, New York, NY $4,000 $5,465 $7,600 $6,000
Chelsea, New York, NY $4,350 $6,076 $9,569 $6,020
NoMad, New York, NY $4,459 $5,703 $8,092 $6,325
Flatiron District, New York, NY $5,100 $6,653 $10,500 $6,385
Lower East Side, New York, NY $4,150 $4,795 $5,995 $6,590
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $6,256 $6,445 $6,740
Civic Center, New York, NY $5,000 $5,897 $9,500 $6,765
Battery Park City, New York, NY $4,444 $5,650 $7,600 $6,999
SoHo, New York, NY $4,000 $5,448 $9,500 $7,000
Tribeca, New York, NY $6,148 $6,725 $8,395 $7,500
Little Italy, New York, NY $3,663 $3,600 $5,995 $8,295

Top Counties Near Gramercy Park

There are a total of 36 counties located by Gramercy Park, New York, NY. Some of these counties include Newark, NJ, Jersey City, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,275. That's roughly around $39 per sqft. A total of 36 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,000. Vice versa, with an average rent of $5,400, Manhattan, New York, NY is the most expensive county by Gramercy Park, New York, NY.

Typically, rent for studios in Gramercy Park, New York, NY is 51.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Gramercy Park, New York, NY is 55.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Gramercy Park, New York, NY is 50.00% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,599 $1,730 $2,200 $2,275
Jersey City, NJ $2,597 $2,350 $2,550 $2,775
Bayonne, NJ $2,499 $2,698 $3,500 $2,780
Fort Lee, NJ $1,823 $2,700 $3,250 $3,050
Palisades Park, NJ $2,050 $2,125 $2,750 $3,107
Cliffside Park, NJ $1,995 $2,150 $3,200 $3,200
Queens, New York, NY $3,422 $3,500 $4,187 $3,678
Edgewater, NJ $2,455 $2,700 $4,425 $3,850
Brooklyn, New York, NY $3,520 $4,116 $5,200 $4,262
Manhattan, New York, NY $3,922 $5,100 $6,800 $5,400

Top Zipcodes Near Gramercy Park

There are a total of 50 zipcodes in or near Gramercy Park, New York, NY. The average rent for all of these zipcodes is $4,973. A total of 47 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10031, New York, NY at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,682. That's at least $95 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Gramercy Park, New York, NY is $4,648 per month. Or in other words, $85 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,427 per month. Which comes out to $84 per sqft. The following table includes the top 10 zipcodes in Gramercy Park, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10003, New York, NY $4,300 $5,425 $6,495 $5,800
10010, New York, NY $4,350 $5,329 $7,150 $5,600
10016, New York, NY $3,915 $4,795 $6,658 $5,195
10009, New York, NY $3,000 $4,495 $5,995 $5,995
10012, New York, NY $4,000 $5,495 $6,995 $5,495
10011, New York, NY $4,300 $6,357 $7,495 $6,130
10001, New York, NY $4,350 $5,805 $8,990 $5,862
10014, New York, NY $4,500 $5,950 $7,650 $5,917
10017, New York, NY $4,050 $5,233 $9,781 $5,825
10002, New York, NY $4,270 $5,200 $5,995 $6,495

Frequently Asked Questions - Gramercy Park Average Rents

What is the average rent price in Gramercy Park, New York, NY?
The average monthly rental price for Gramercy Park, New York, NY apartments for rent is approximately $6,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Gramercy Park, 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 Gramercy Park, New York, NY.
How much is a studio apartment in Gramercy Park, New York, NY?
The average monthly rental price for studio apartments is $4,095 and an average price per square feet of $106.54. There are a total of 117 studio apartment listings currently available for rent in Gramercy Park.
How much is a one bedroom apartment in Gramercy Park, New York, NY?
The average monthly rental price for one bedroom apartments is $5,750 and an average price per square feet of $114.97. There are a total of 75 one bedroom apartment listings currently available for rent in Gramercy Park.
How much is a two bedroom apartment in Gramercy Park, New York, NY?
The average monthly rental price for two bedroom apartments is $6,400 and an average price per square feet of $110.86. There are a total of 77 two bedroom apartment listings currently available for rent in Gramercy Park.
How have rent prices in Gramercy Park, New York, NY changed this year?
Rent prices for rentals in Gramercy Park, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.10%, three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Gramercy Park, New York, NY?
A reasonable rent price in Gramercy Park, New York, NY is around $5,596/month. You can search for these reasonably priced rental listings on RentHop.
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