{"id":18997,"date":"2024-08-20T12:00:41","date_gmt":"2024-08-20T16:00:41","guid":{"rendered":"https:\/\/www.renthop.com\/blog\/?p=18997"},"modified":"2024-08-20T12:01:44","modified_gmt":"2024-08-20T16:01:44","slug":"one-bedroom-for-rent-cost","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/blog\/one-bedroom-for-rent-cost\/","title":{"rendered":"How Much Does a One-Bedroom for Rent Cost?"},"content":{"rendered":"

During the busy summer rental season, prices for New York City apartments<\/a> increase to meet higher demand. Those looking to rent this time of year will likely sign a lease with a higher rental price than they would by renting in the winter<\/a>. How much does a one-bedroom for rent cost this time for year? We\u2019ve broken the costs down by borough and bedroom to help you make an informed decision for your own rental process.<\/p>\n

Average One-Bedroom for Rent Cost in New York City<\/h2>\n

The average rent for a New York City apartment<\/a> is $4,425 in August 2024. This average considers the rent for active listings across the five boroughs, including all room sizes. Renters have plenty of opportunities to find apartments under the average rent if they\u2019re looking to save money.<\/p>\n

Looking specifically at a one-bedroom for rent<\/a>, the current median rent for this size apartment is $4,200, slightly lower than the median rent for all bedroom sizes. Renters can choose from over 7,000 one-bedroom apartment listings to find their new home. Continue reading to learn more about the average one-bedroom rent in each borough and see examples of units at that price point.<\/p>\n

Manhattan Average One-Bedroom Rent<\/h2>\n

Manhattan<\/a> has the most expensive rental market, with the median rent for one-bedroom apartments currently at $4,415. When looking at one-bedroom apartments in this price range, renters can entertain the following options:<\/p>\n

1. 124 West 93rd Street #4E<\/a><\/h3>\n\n\n\n
\"Upper<\/a><\/td>\n\n
Neighborhood: Upper West Side<\/a><\/div>\n
Price: $4,500<\/div>\n
Size: 1 Bed, 1 Bath<\/div>\n
This bright and spacious apartment features tall ceilings, molding, and unique hardwood floors. The unit comes furnished, making it ideal for renters who need to set up their new home quickly. Throughout the unit, tenants will find stainless steel appliances in the kitchen, a modern tiled bathroom, and multiple closets. This 750-square-foot unit resides in a doorman building with an elevator, a large outdoor garden with a barbeque, and laundry facilities.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

2. 114 Mulberry Street #703<\/a><\/h3>\n\n\n\n
\"Manhattan<\/a><\/td>\n\n
Neighborhood: Little Italy<\/a><\/div>\n
Price: $4,400<\/div>\n
Size: 1 Bed, 1 Bath<\/div>\n
This one-bedroom apartment offers modern finishes like recessed lighting, a sleek kitchen, and light hardwood floors. The unit boasts a private balcony off of the living room, overlooking a courtyard. Renters will appreciate in-unit air conditioning and radiant heated floors in the bathroom. They\u2019ll find an elevator, a rooftop terrace, and a storage facility in the pet-friendly<\/a> building.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

3. 66 Madison Avenue #5C<\/a><\/h3>\n\n\n\n
\"One-bedroom<\/a><\/td>\n\n
Neighborhood: NoMad<\/a><\/div>\n
Price: $4,500<\/div>\n
Size: 1 Bed, 1 Bath<\/div>\n
Renters can spread out in this spacious bedroom with a sliding door that opens into the living room. This apartment receives plenty of natural light and includes a modern kitchen with a wine fridge, stainless steel appliances, and a dishwasher. Renters will find a laundry room, a 24-hour doorman, and a full-time porter in the building.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Learn more:<\/p>\n