Average Rent in Midtown, New York, NY

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Current Versus Historical Midtown, New York, NY Rents

Midtown rentals average $3,928 for a studio rental to $10,995 for a 4-bedroom rental. The median price of all currently available listings is $5,349, or roughly $93 per square feet.
For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have increased by $225 (5.86%) year-over-year from $3,840 to $4,065. 1-bedroom rentals prices have increased by $327 (7.03%) year-over-year from $4,654 to $4,981. 2-bedroom rentals prices have increased by $353 (5.00%) year-over-year from $7,050 to $7,403. 3-bedroom rentals prices have increased by $23,398 (243.68%) year-over-year from $9,602 to $33,000. 4-bedroom rentals prices have increased by $180 (1.66%) year-over-year from $10,815 to $10,995. 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 3.04% this month. 1-bedroom rents have gone down by 1.14% this month. 2-bedroom rents have gone up by 0.40% this month. 3-bedroom rents have gone up by 83.16% this month. 4-bedroom rents have gone down by 49.55% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $114.88 $4,065 $3,840 (5.86%) $3,431 (18.50%)
1 BR $88.94 $4,981 $4,654 (7.03%) $4,395 (13.33%)
2 BR $88.31 $7,403 $7,050 (5.00%) $6,954 (6.45%)
3 BR $214.47 $33,000 $9,602 (243.68%) $13,000 (153.85%)
4+ BR $150.20 $10,995 $10,815 (1.66%) $20,167 (-45.48%)

Historical Rents in Midtown, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Midtown

There are a total of 24 cities nearby Midtown. The average rent in Midtown is currently $3,123 per month. A total of 21 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 Midtown, New York, NY is Westport, CT. Monthly rents here are on average $11,000 per month.

Let's compare Midtown, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Midtown, New York, NY is 48.45% more expensive than other cities nearby. One bedrooms are about 48.01% more expensive. Two bedrooms in Midtown, New York, NY are about 56.71% more expensive. Finally, rent for three bedrooms are about 72.80% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near Midtown, 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 Midtown

There are a total of 71 neighborhoods in or near Midtown. Some of these neighborhoods include Astoria, East Harlem, and Long Island City. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near Midtown, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Midtown, New York, NY is currently around $4,675 per month. A total of 46 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Midtown's average rent, which is actually $5,349. Out of all the neighborhoods in or near Midtown, 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 Midtown. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Astoria, New York, NY $2,700 $3,200 $4,000 $3,441
East Harlem, New York, NY $3,278 $3,625 $3,695 $3,995
Long Island City, New York, NY $3,639 $4,470 $6,342 $4,500
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
Upper East Side, New York, NY $3,400 $4,500 $5,898 $4,700
Hell's Kitchen, New York, NY $3,700 $4,500 $6,450 $4,800
Roosevelt Island, New York, NY $3,765 $4,200 $5,300 $4,800
Upper West Side, New York, NY $3,550 $4,800 $7,495 $5,218
Midtown South, New York, NY $3,898 $5,450 $6,969 $5,263
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
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
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
Gramercy Park, New York, NY $4,095 $5,750 $6,400 $6,995
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 Midtown

There are a total of 34 counties located by Midtown, New York, NY. Some of these counties include Hackensack, 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 33 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 Midtown, New York, NY.

Typically, rent for studios in Midtown, New York, NY is 48.45% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Midtown, New York, NY is 48.79% more expensive than other counties nearby. Finally, rent for two bedrooms in Midtown, New York, NY is 56.71% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Hackensack, NJ N/A $2,300 $2,850 $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
Bronx, New York, NY $2,537 $2,800 $3,620 $3,350
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 Midtown

There are a total of 50 zipcodes in or near Midtown, New York, NY. The average rent for all of these zipcodes is $4,973. A total of 28 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 Midtown, 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 Midtown, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10017, New York, NY $4,050 $5,233 $9,781 $5,825
10036, New York, NY $3,995 $5,163 $7,523 $5,495
10022, New York, NY $3,800 $5,535 $6,609 $5,685
10019, New York, NY $3,850 $4,695 $7,145 $5,000
10018, New York, NY $4,110 $5,595 $8,114 $5,460
10001, New York, NY $4,350 $5,805 $8,990 $5,862
10016, New York, NY $3,915 $4,795 $6,658 $5,195
10065, New York, NY $3,900 $5,500 $6,923 $5,613
10010, New York, NY $4,350 $5,329 $7,150 $5,600
10023, New York, NY $3,800 $5,700 $8,496 $5,800

Frequently Asked Questions - Midtown Average Rents

What is the average rent price in Midtown, New York, NY?
The average monthly rental price for Midtown, New York, NY apartments for rent is approximately $5,349. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Midtown, 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 Midtown, New York, NY.
How much is a studio apartment in Midtown, New York, NY?
The average monthly rental price for studio apartments is $3,928 and an average price per square feet of $114.88. There are a total of 254 studio apartment listings currently available for rent in Midtown.
How much is a one bedroom apartment in Midtown, New York, NY?
The average monthly rental price for one bedroom apartments is $5,053 and an average price per square feet of $88.94. There are a total of 332 one bedroom apartment listings currently available for rent in Midtown.
How much is a two bedroom apartment in Midtown, New York, NY?
The average monthly rental price for two bedroom apartments is $7,450 and an average price per square feet of $88.31. There are a total of 329 two bedroom apartment listings currently available for rent in Midtown.
How have rent prices in Midtown, New York, NY changed this year?
Rent prices for rentals in Midtown, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.05%, three bedroom rental prices have changed by 2.44% year-over-year.
What is a reasonable rent price in Midtown, New York, NY?
A reasonable rent price in Midtown, New York, NY is around $4,279/month. You can search for these reasonably priced rental listings on RentHop.
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