Average Rent in Washington Heights, New York, NY

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Current Versus Historical Washington Heights, New York, NY Rents

Washington Heights rentals average $2,295 for a studio rental to $4,395 for a 4-bedroom rental. The median price of all currently available listings is $2,975, or roughly $4 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have increased by $62 (2.76%) year-over-year from $2,233 to $2,295. 1-bedroom rentals prices have increased by $126 (5.24%) year-over-year from $2,399 to $2,525. 2-bedroom rentals prices have increased by $245 (8.59%) year-over-year from $2,855 to $3,100. 3-bedroom rentals prices have increased by $326 (9.50%) year-over-year from $3,433 to $3,760. 4-bedroom rentals prices have increased by $1,495 (40.41%) year-over-year from $3,700 to $5,195. 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 9.03% this month. 1-bedroom rents have gone down by 2.70% this month. 2-bedroom rents have gone up by 1.95% this month. 3-bedroom rents have gone up by 1.54% this month. 4-bedroom rents have gone up by 8.27% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $8.14 $2,295 $2,233 (2.76%) $1,748 (31.32%)
1 BR $4.24 $2,525 $2,399 (5.24%) $2,299 (9.85%)
2 BR $3.36 $3,100 $2,855 (8.59%) $2,267 (36.76%)
3 BR $4.26 $3,760 $3,433 (9.50%) $2,833 (32.69%)
4+ BR $3.29 $5,195 $3,700 (40.41%) $3,293 (57.77%)

Historical Rents in Washington Heights, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Washington Heights

There are a total of 21 cities nearby Washington Heights. The average rent in Washington Heights is currently $3,300 per month. A total of 7 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 Washington Heights, New York, NY is Spring Lake, NJ. Monthly rents here are on average $8,500 per month.

Let's compare Washington Heights, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Washington Heights, New York, NY is 41.18% more expensive than other cities nearby. One bedrooms are about 9.36% more expensive. Two bedrooms in Washington Heights, New York, NY are about 3.08% more affordable. Finally, rent for three bedrooms are about 15.71% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near Washington Heights, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
West Babylon, NY N/A $2,475 $2,967 $2,530
Yonkers, NY $2,100 $2,200 $2,800 $2,750
Norwalk, CT $1,700 $2,150 $2,850 $2,800
Stamford, CT $1,750 $2,311 $3,000 $2,954
White Plains, NY $2,175 $2,650 $3,800 $3,197
Long Beach, NY $2,100 $2,548 $3,200 $3,600
Glen Cove, NY $2,550 $3,200 $3,725 $3,650
New Rochelle, NY N/A $3,000 $3,750 $3,850
Harrison, NY $2,525 $2,880 $4,090 $4,142
New York, NY $3,448 $4,176 $5,150 $4,295

Top Neighborhoods Near Washington Heights

There are a total of 60 neighborhoods in or near Washington Heights. Some of these neighborhoods include Jackson Heights, Elmhurst, and Flushing. We've included the top 30 neighborhoods out of 60 total neighborhoods in or near Washington Heights, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Washington Heights, New York, NY is currently around $4,333 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $4,333. Interestingly, the neighborhoods' average rent is higher than Washington Heights's average rent, which is only $2,975. Out of all the neighborhoods in or near Washington Heights, East Side has the most affordable average rent at $2,201 per month. Whereas, at $9,500 average rent per month, SoHo is the most expensive neighborhood in or near Washington Heights. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Jackson Heights, New York, NY $2,322 $2,495 $2,875 $2,495
Elmhurst, New York, NY $2,433 $2,743 $3,480 $2,786
Flushing, New York, NY $2,000 $2,550 $3,913 $3,000
Riverdale, New York, NY $2,098 $2,756 $3,395 $3,100
East Harlem, New York, NY $2,550 $2,944 $3,195 $3,195
Astoria, New York, NY $2,700 $2,998 $3,705 $3,300
Harlem, New York, NY $2,565 $2,895 $3,200 $3,400
Central Harlem, New York, NY $2,125 $2,750 $3,495 $3,425
West Harlem, New York, NY $2,718 $3,000 $3,350 $3,500
Long Island City, New York, NY $3,280 $3,900 $5,733 $3,948
Bowery, New York, NY $3,100 $3,499 $4,750 $3,962
Upper East Side, New York, NY $3,000 $3,803 $4,800 $3,995
Murray Hill, New York, NY $3,450 $4,250 $6,500 $4,150
Hell's Kitchen, New York, NY $3,400 $4,000 $5,022 $4,209
Hudson Yards, New York, NY $3,643 $4,501 $6,850 $4,493
Midtown East, New York, NY $3,400 $4,400 $5,993 $4,500
East Village, New York, NY $2,995 $3,795 $4,750 $4,599
Kips Bay, New York, NY $3,565 $4,355 $5,305 $4,750
Upper West Side, New York, NY $3,266 $4,400 $7,250 $4,800
Greenwich Village, New York, NY $4,125 $5,595 $7,900 $4,880
Midtown South, New York, NY $3,750 $5,058 $6,000 $4,900
Greenpoint, New York, NY $3,450 $4,250 $5,898 $4,950
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,940 $5,182 $5,120
Midtown, New York, NY $3,500 $4,225 $6,295 $5,200
West Village, New York, NY $4,195 $5,295 $6,750 $5,250
Chelsea, New York, NY $3,925 $5,670 $7,898 $5,412
NoLita, New York, NY $9,950 $3,900 $5,495 $5,495
Gramercy Park, New York, NY $3,690 $5,508 $5,207 $5,500
NoMad, New York, NY $4,305 $5,685 $7,901 $5,795
Flatiron District, New York, NY $4,400 $5,900 $9,957 $6,000

Top Counties Near Washington Heights

There are a total of 60 counties located by Washington Heights, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and White Plains, NY. The average rent for rentals in these counties is $3,400. That's roughly around $3 per sqft. A total of 8 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 $8,500, Spring Lake, NJ is the most expensive county by Washington Heights, New York, NY.

Typically, rent for studios in Washington Heights, New York, NY is 24.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Washington Heights, New York, NY is 0.40% more expensive than other counties nearby. Finally, rent for two bedrooms in Washington Heights, New York, NY is 9.95% more affordable 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 $2,100 $2,598 $3,138 $3,100
White Plains, NY $2,175 $2,650 $3,800 $3,197
Queens, New York, NY $2,893 $2,950 $3,507 $3,300
Glen Cove, NY $2,550 $3,200 $3,725 $3,650
New Rochelle, NY N/A $3,000 $3,750 $3,850
Brooklyn, New York, NY $3,328 $3,695 $4,200 $3,900
Manhattan, New York, NY $3,495 $4,395 $5,600 $4,500
North Hempstead, NY $3,175 $2,725 $4,000 $4,600
Greenburgh, NY $1,900 $2,700 $3,700 $4,750

Top Zipcodes Near Washington Heights

There are a total of 6 zipcodes in or near Washington Heights, New York, NY. The average rent for all of these zipcodes is $3,718. A total of 2 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 $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,790 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,798. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Washington Heights, New York, NY is $3,500 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,148 per month. Which comes out to $5 per sqft. The following chart includes the top 6 zipcodes in Washington Heights, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10463, New York, NY $1,995 $2,685 $3,300 $2,944
10035, New York, NY $2,395 $2,699 $3,300 $2,900
10128, New York, NY $2,995 $3,850 $4,550 $3,940
10023, New York, NY $3,398 $4,995 $8,295 $4,383
11375, New York, NY $2,600 $3,150 $3,745 $3,495
10280, New York, NY $3,880 $4,675 $6,700 $4,790

Frequently Asked Questions - Washington Heights Average Rents

What is the average rent price in Washington Heights, New York, NY?
The average monthly rental price for Washington Heights, New York, NY apartments for rent is approximately $2,975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Washington Heights, 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 Washington Heights, New York, NY.
How much is a studio apartment in Washington Heights, New York, NY?
The average monthly rental price for studio apartments is $2,295 and an average price per square feet of $8.14. There are a total of 13 studio apartment listings currently available for rent in Washington Heights.
How much is a one bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for one bedroom apartments is $2,510 and an average price per square feet of $4.24. There are a total of 50 one bedroom apartment listings currently available for rent in Washington Heights.
How much is a two bedroom apartment in Washington Heights, New York, NY?
The average monthly rental price for two bedroom apartments is $2,911 and an average price per square feet of $3.36. There are a total of 48 two bedroom apartment listings currently available for rent in Washington Heights.
How have rent prices in Washington Heights, New York, NY changed this year?
Rent prices for rentals in Washington Heights, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Washington Heights, New York, NY?
A reasonable rent price in Washington Heights, New York, NY is around $2,380/month. You can search for these reasonably priced rental listings on RentHop.
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