Average Rent in New York, NY

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Current Versus Historical NYC Rents

New York rentals average $3,800 for a studio rental to $9,495 for a 4-bedroom rental. The median price of all currently available listings is $4,895, or roughly $87 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 $310 (8.64%) year-over-year from $3,590 to $3,900. 1-bedroom rentals prices have increased by $384 (8.69%) year-over-year from $4,412 to $4,795. 2-bedroom rentals prices have increased by $659 (11.69%) year-over-year from $5,636 to $6,295. 3-bedroom rentals prices have increased by $723 (10.67%) year-over-year from $6,777 to $7,500. 4-bedroom rentals prices have increased by $894 (10.10%) year-over-year from $8,856 to $9,750. 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 2.49% this month. 1-bedroom rents have gone up by 2.47% this month. 2-bedroom rents have gone up by 3.25% this month. 3-bedroom rents have gone up by 0.49% this month. 4-bedroom rents have gone up by 2.49% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $96.74 $3,900 $3,590 (8.64%) $3,383 (15.27%)
1 BR $86.58 $4,795 $4,412 (8.69%) $4,258 (12.60%)
2 BR $83.02 $6,295 $5,636 (11.69%) $5,432 (15.89%)
3 BR $77.25 $7,500 $6,777 (10.67%) $6,967 (7.66%)
4+ BR $80.00 $9,750 $8,856 (10.10%) $7,995 (21.95%)

Historical Rents in New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near New York

There are a total of 26 cities nearby New York. The average rent in New York is currently $3,346 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 $2,100, is the most affordable city nearby. In contrast, the most expensive city near New York, NY is Westport, CT. Monthly rents here are on average $10,750 per month.

Let's compare New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in New York, NY is 50.72% more expensive than other cities nearby. One bedrooms are about 43.37% more expensive. Two bedrooms in New York, NY are about 42.02% more expensive. Finally, rent for three bedrooms are about 45.33% more expensive. Want more information? Check out the top 10 cities out of 26 total cities near New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,575 $1,650 $2,200 $2,300
Jersey City, NJ $1,850 $2,350 $2,450 $2,550
Hackensack, NJ $1,535 $2,298 $2,825 $2,650
Mount Vernon, NY $1,750 $2,100 $2,600 $2,675
Palisades Park, NJ $1,700 $2,048 $2,550 $2,850
Fort Lee, NJ $1,775 $2,700 $3,445 $3,194
Cliffside Park, NJ N/A $2,300 $3,650 $3,198
New Rochelle, NY $2,326 $2,668 $3,831 $3,495
Edgewater, NJ $2,455 $2,700 $5,075 $3,500
Long Beach, NY $2,200 $2,850 $3,675 $3,988

Top Neighborhoods Near New York

There are a total of 71 neighborhoods in or near New York. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and Bushwick. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near New York, NY in the following table.

The average rent for these 30 neighborhoods in or near New York, NY is currently around $4,650 per month. A total of 41 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than New York's average rent, which is actually $4,895. Out of all the neighborhoods in or near New York, Brooklawn - St. Vincent has the most affordable average rent at $2,100 per month. Whereas, at $8,400 average rent per month, Ocean Beach is the most expensive neighborhood in or near New York. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flatbush, New York, NY $2,625 $2,995 $3,400 $3,250
Bedford-Stuyvesant, New York, NY $2,900 $3,350 $3,800 $3,650
Bushwick, New York, NY $3,124 $3,213 $3,695 $3,700
Crown Heights, New York, NY $3,071 $3,553 $4,600 $3,845
Harlem, New York, NY $3,000 $3,389 $3,895 $3,850
Clinton Hill, New York, NY $3,500 $4,050 $5,495 $4,200
Prospect Heights, New York, NY $3,625 $4,366 $6,000 $4,311
Gowanus, New York, NY $3,431 $4,100 $6,025 $4,400
Fort Greene, New York, NY $3,465 $4,426 $6,499 $4,426
Long Island City, New York, NY $3,610 $4,395 $6,325 $4,500
Murray Hill, New York, NY $3,800 $4,648 $7,200 $4,548
Downtown Brooklyn, New York, NY $3,599 $4,498 $6,251 $4,690
Hell's Kitchen, New York, NY $3,750 $4,500 $6,450 $4,695
Upper East Side, New York, NY $3,350 $4,625 $5,295 $4,700
Upper West Side, New York, NY $3,500 $4,846 $7,255 $5,250
Financial District, New York, NY $4,097 $5,335 $7,000 $5,295
Kips Bay, New York, NY $3,993 $4,591 $5,980 $5,315
Greenpoint, New York, NY $3,735 $4,683 $7,107 $5,345
Williamsburg, New York, NY $4,098 $5,150 $5,800 $5,400
Midtown, New York, NY $3,908 $5,145 $7,450 $5,495
Hudson Yards, New York, NY $3,990 $5,500 $8,000 $5,595
West Village, New York, NY $4,295 $5,500 $7,395 $5,600
East Village, New York, NY $3,900 $4,295 $5,995 $5,600
Midtown East, New York, NY $3,825 $5,298 $7,063 $5,600
Greenwich Village, New York, NY $4,725 $6,300 $7,625 $5,765
Chelsea, New York, NY $4,300 $6,182 $9,500 $6,107
NoMad, New York, NY $4,495 $5,716 $8,551 $6,331
Lower East Side, New York, NY $4,395 $5,745 $5,995 $6,495
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $6,203 $6,520 $6,500
Gramercy Park, New York, NY $4,095 $5,600 $6,500 $6,995

Top Counties Near New York

There are a total of 39 counties located by New York, NY. Some of these counties include Newark, NJ, Jersey City, NJ, and Palisades Park, NJ. The average rent for rentals in these counties is $3,295. That's roughly around $39 per sqft. A total of 38 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,100. Vice versa, with an average rent of $5,400, Manhattan, New York, NY is the most expensive county by New York, NY.

Typically, rent for studios in New York, NY is 48.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in New York, NY is 43.56% more expensive than other counties nearby. Finally, rent for two bedrooms in New York, NY is 46.63% 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 $1,575 $1,650 $2,200 $2,300
Jersey City, NJ $1,850 $2,350 $2,450 $2,550
Palisades Park, NJ $1,700 $2,048 $2,550 $2,850
Fort Lee, NJ $1,775 $2,700 $3,445 $3,194
Cliffside Park, NJ N/A $2,300 $3,650 $3,198
Bronx, New York, NY $2,524 $2,775 $3,620 $3,234
Edgewater, NJ $2,455 $2,700 $5,075 $3,500
Queens, New York, NY $3,346 $3,392 $4,100 $3,630
Brooklyn, New York, NY $3,500 $4,100 $5,066 $4,250
Manhattan, New York, NY $3,900 $5,100 $6,755 $5,400

Top Zipcodes Near New York

There are a total of 50 zipcodes in or near New York, NY. The average rent for all of these zipcodes is $4,958. A total of 23 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,225 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 $3,655. That's at least $96 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near New York, NY is $4,689 per month. Or in other words, $83 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,310 per month. Which comes out to $83 per sqft. The following table includes the top 10 zipcodes in New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,850 $4,750 $6,393 $5,000
10019, New York, NY $3,867 $4,695 $7,034 $5,000
10009, New York, NY $3,150 $4,500 $5,995 $5,995
10003, New York, NY $4,300 $5,400 $6,495 $5,650
10038, New York, NY $3,995 $5,345 $6,999 $5,550
11201, New York, NY $3,606 $4,500 $6,295 $4,817
11217, New York, NY $3,550 $4,410 $6,400 $4,488
11211, New York, NY $4,158 $5,200 $6,000 $5,505
10005, New York, NY $4,100 $5,200 $7,307 $4,965
11101, New York, NY $3,659 $4,456 $6,326 $4,595

Frequently Asked Questions - New York Average Rents

What is the average rent price in New York, NY?
The average monthly rental price for New York, NY apartments for rent is approximately $4,895. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 New York, NY.
How much is a studio apartment in New York, NY?
The average monthly rental price for studio apartments is $3,800 and an average price per square feet of $96.74. There are a total of 6,860 studio apartment listings currently available for rent in New York.
How much is a one bedroom apartment in New York, NY?
The average monthly rental price for one bedroom apartments is $4,695 and an average price per square feet of $86.58. There are a total of 13,238 one bedroom apartment listings currently available for rent in New York.
How much is a two bedroom apartment in New York, NY?
The average monthly rental price for two bedroom apartments is $6,118 and an average price per square feet of $83.02. There are a total of 9,731 two bedroom apartment listings currently available for rent in New York.
How have rent prices in New York, NY changed this year?
Rent prices for rentals in New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.12%, three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in New York, NY?
A reasonable rent price in New York, NY is around $3,916/month. You can search for these reasonably priced rental listings on RentHop.
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