Average Rent in Midtown South, New York, NY

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Current Versus Historical Midtown South, New York, NY Rents

Midtown South rentals average $3,898 for a studio rental to $9,995 for a 3-bedroom rental. The median price of all currently available listings is $5,263, or roughly $102 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $103 (2.72%) year-over-year from $3,794 to $3,898. 1-bedroom rentals prices have increased by $160 (3.14%) year-over-year from $5,083 to $5,243. 2-bedroom rentals prices have increased by $479 (6.38%) year-over-year from $7,517 to $7,996. 3-bedroom rentals prices have increased by $2,388 (31.40%) year-over-year from $7,607 to $9,995. 4-bedroom rentals prices have increased by $1,500 (12.00%) year-over-year from $12,500 to $14,000. 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 1.62% this month. 1-bedroom rents have gone down by 0.06% this month. 2-bedroom rents have gone up by 9.58% this month. 3-bedroom rents have gone up by 17.15% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $3,898 $3,794 (2.72%) $3,700 (5.35%)
1 BR $101.99 $5,243 $5,083 (3.14%) $5,110 (2.60%)
2 BR $87.26 $7,996 $7,517 (6.38%) $8,065 (-0.86%)
3 BR $100.74 $9,995 $7,607 (31.40%) $6,653 (50.24%)

Historical Rents in Midtown South, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Midtown South

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

Let's compare Midtown South, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Midtown South, New York, NY is 48.04% more expensive than other cities nearby. One bedrooms are about 51.80% more expensive. Two bedrooms in Midtown South, New York, NY are about 53.72% more expensive. Finally, rent for three bedrooms are about 58.50% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near Midtown South, 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 South

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

The average rent for these 30 neighborhoods in or near Midtown South, New York, NY is currently around $4,675 per month. A total of 45 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Midtown South's average rent, which is actually $5,263. Out of all the neighborhoods in or near Midtown South, 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 South. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
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
Roosevelt Island, New York, NY $3,765 $4,200 $5,300 $4,800
Hell's Kitchen, New York, NY $3,700 $4,500 $6,450 $4,800
Financial District, New York, NY $4,100 $5,295 $7,195 $5,192
Upper West Side, New York, NY $3,550 $4,800 $7,495 $5,218
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
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
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 Midtown South

There are a total of 35 counties located by Midtown South, 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 $3,350. That's roughly around $39 per sqft. A total of 34 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 South, New York, NY.

Typically, rent for studios in Midtown South, New York, NY is 48.69% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Midtown South, New York, NY is 52.75% more expensive than other counties nearby. Finally, rent for two bedrooms in Midtown South, New York, NY is 54.08% 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
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 South

There are a total of 50 zipcodes in or near Midtown South, 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 South, 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 South, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10001, New York, NY $4,350 $5,805 $8,990 $5,862
10036, New York, NY $3,995 $5,163 $7,523 $5,495
10017, New York, NY $4,050 $5,233 $9,781 $5,825
10016, New York, NY $3,915 $4,795 $6,658 $5,195
10018, New York, NY $4,110 $5,595 $8,114 $5,460
10010, New York, NY $4,350 $5,329 $7,150 $5,600
10011, New York, NY $4,300 $6,357 $7,495 $6,130
10019, New York, NY $3,850 $4,695 $7,145 $5,000
10022, New York, NY $3,800 $5,535 $6,609 $5,685
10003, New York, NY $4,300 $5,425 $6,495 $5,800

Frequently Asked Questions - Midtown South Average Rents

What is the average rent price in Midtown South, New York, NY?
The average monthly rental price for Midtown South, New York, NY apartments for rent is approximately $5,263. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Midtown South, 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 South, New York, NY.
How much is a studio apartment in Midtown South, New York, NY?
The average monthly rental price for studio apartments is $3,898. There are a total of 72 studio apartment listings currently available for rent in Midtown South.
How much is a one bedroom apartment in Midtown South, New York, NY?
The average monthly rental price for one bedroom apartments is $5,450 and an average price per square feet of $101.99. There are a total of 164 one bedroom apartment listings currently available for rent in Midtown South.
How much is a two bedroom apartment in Midtown South, New York, NY?
The average monthly rental price for two bedroom apartments is $6,969 and an average price per square feet of $87.26. There are a total of 69 two bedroom apartment listings currently available for rent in Midtown South.
How have rent prices in Midtown South, New York, NY changed this year?
Rent prices for rentals in Midtown South, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by 0.31% year-over-year.
What is a reasonable rent price in Midtown South, New York, NY?
A reasonable rent price in Midtown South, New York, NY is around $4,210/month. You can search for these reasonably priced rental listings on RentHop.
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