Price Guide: The Average Rent in New York City
Thinking of moving to New York City? We’ll give the ins and outs of the average rent in all the boroughs.
The Big Apple is one of the most sought-after places to live in the entire country — which typically comes with high NYC rent prices.
We peeked around the web and the most comprehensive list we found for the average rent in New York City came from Rent Hop. For this article, we’ll look at the average costs of one-bedroom apartments in the different areas of NYC along with what you can expect to find if you are a renter!
$3,095
Alphabet City is a neighborhood in the East Village, known to be laid back and residential with a mix of hip bars and restaurants.
$2,658
A commercial neighborhood in the New York City area of Queens, Astoria is laid-back and known for its ethnic eateries and open-air beer garden.
$3,314
Located in the northwestern portion of NYC’s Brooklyn, Boerum Hill boasts a village vibe and is lined with trees, brownstones, and townhouses.
$3,216
No list covering average apartment rent in NYC would be complete without Brooklyn—the most populous borough that bursts with things to do, see, eat, and drink.
$2,391
Bushwick is known for its industrial, artistic feel—located in Brooklyn, it’s home to converted warehouses, street art, and relatively affordable rental market.
$2,400
Filled with artisanal food shops and boutiques, Carroll Garden is known for its Italian-American roots and mix of families and young professionals.
$2,131
Central Brooklyn consists of a handful of different neighborhoods resting south, east, and southeast of Prospect Park.
$3,688
Chelsea is Manhattan’s art district, home to the High Line park, world-class galleries, and a mix of luxury high rises and townhouses.
$2,689
In north-central Brooklyn, the Clinton Hill neighborhood is filled with young families, single professionals, and a laid-back feel among residents.
$3,350
Downtown Brooklyn is the third-largest central business district in NYC and features a growing number of upscale high-rise apartment buildings.
$3,450
Downtown Manhattan, also known as Lower Manhattan, is an exciting mix of business, government, and culture, a place steeped in history (and pricey NYC rent prices).
$2,473
East Harlem has a strong Latinx, Caribbean, and African American community and an incredible array of colorful restaurants for its residents.
$2,995
When it comes to average rent, New York’s East Village is on the higher side, yet it’s also filled with lounges, shops, eateries, and theater.
$3,500
Located in Lower Manhattan, FiDi is home to Wall Street, skyscrapers, and bustling streets filled with young professionals.
$4,500
Renting in the Flatiron District comes with high NYC rent prices, but it also comes with dynamic energy filled with food, shopping, and culture.
$1,700
In the northern point of Manhattan rests Fort George, home to one of the lowest average apartment rent in NYC and plenty of great views of the Hudson.
$3,365
Fort Greene is a family-friendly neighborhood that’s filled with trees, casual eateries, and Brooklyn Flea’s seasonal market.
$3,450
Also known as the Garment Center, this fashion district comes with high NYC rent prices—along with tons of fabric shops, textiles, and things to do for clothing enthusiasts.
$3,495
A quiet residential area filled with beautiful brownstones, Gramercy Park is filled with stylish hotels, restaurants, and the gated Gramercy Park itself.
$3,290
“The Village” was famously known for the 1960s counterculture movement and today, still is home to artists, writers, jazz clubs, and a friendly vibe.
$1,995
In the northern part of Manhattan, Hamilton Heights offers easy access to Columbia University and offers affordable prices for average apartment rent in NYC.
$3,275
Also known as Clinton, this neighborhood is filled with eclectic restaurants and housing as well as world-famous Hell’s Kitchen.
$1,950
Hudson Heights is a residential neighborhood of the Washington Heights area, home to many cooperative apartment buildings.
$2,999
Hunters point is a contemporary art hub and residential/commercial neighborhood with pretty standard NYC rent prices.
$1,750
Located in Manhattan, Inwood is a community-oriented neighborhood bounded by the Hudson River.
$3,200
Kips Bay is known to be safe and quiet and sometimes flies under the radar, despite its busy Manhattan location.
$4,000
Boasting one of the highest prices for the average rent in New York City, Lincoln Square is the premier place for opera, ballet, and symphony.
$2,850
Filled with high-rises and stunning views of Manhattan, Long Island City appeals to local artists and young professionals.
$3,269
In the southeastern part of NYC, the Lower East Side is an eclectic spot with upscale apartments, music venues, and restaurants.
$3,200
People pay top NYC rent prices to live in Manhattan itself, home to Central Park and Empire State Building, and the bright lights of Times Square.
$3,200
In the northern part of the Upper West Side, Manhattan Valley is home to pre-war buildings, new developments, and steep cliffs.
$3,223
With a skyline that’s filled with the Chrysler Building and nearby Empire State Building, Midtown East boasts glamour and a high average apartment rent in NYC.
$3,300
In the central portion of Manhattan, Midtown is filled with attractions, tours, shopping, and some of the city’s most prominent buildings.
$2,500
Morningside Heights is primarily a residential neighborhood, which makes it a good spot for those looking for a dense, urban feel.
$3,200
Tree-lined streets, townhouses, and modern apartment buildings make Murray Hill a top pick for professionals and families.
$3,600
Trendy, creative, and chic, NoHo boasts high rises, galleries, bars, and was once home to artists like Andy Warhol.
$3,845
Luxury condo buildings make and top NYC rent prices make up what’s now known as NoMad, a place where posh hotels meet trendy bars.
$1,975
On Long Island, across from Manhattan, Northeastern Queens is home to historic architecture and beautiful green spaces.
$3,204
Bordered by Queens, the East River, the Evergreen Cemetery and Central Brooklyn, Northern Brooklyn offers both apartments and homes for potential renters.
$3,367
A blend of culture, young professionals, and college graduates, Northwestern Brooklyn seems to have something for everyone.
$2,650
With a good work commute and popular nightlife, Northwestern Queens is a good option for young professionals.
$2,750
Boasting a typical average rent in New York City, Park Slope is known for its organic food markets and pedestrian-friendly sidewalks.
$2,700
A residential neighborhood in the Flatbush area, Prospect Lefferts Gardens is a growing area with single-family homes, co-ops, and rental buildings.
$2,400
Home to Flushing Meadows Corona Park and its 12-story 1964 World’s Fair globe sculpture, Queens has both apartments and single-family homes for rent.
$2,745
A middle-class neighborhood in central Queens, Rego Park boasts good schools and lots of opportunities for recreation.
$3,200
A historic neighborhood, Rose Hill is charming and timeless — home to residences, restaurants, and eclectic buildings.
$2,750
In Brooklyn, the South Slope area features a pretty standard average rent in New York City and brings along with it a laid-back and quiet atmosphere.
$1,799
One of the areas for lower NYC rent prices, Southwestern Brooklyn is a good place to look for affordable rentals and an easy city commute.
$2,038
Sunnyside rests in Queens and is known as a low-rise neighborhood with brick row houses, backyards, and views of Manhattan.
$3,495
Known as an affluent area, Sutton Place is cozy, quiet, and filled with stunning brownstones—giving it a high average apartment rent in NYC.
$3,500
For those who love Broadway, the Theater District is home to vibrant energy and a selection of apartments.
$3,999
Hip, trendy, and lined with a cobblestone street, Tribeca—with its steep NYC rent prices—is highly sought after.
$3,168
On the east side of Midtown Manhattan, Turtle Bay is a nice neighborhood with a cluster of townhouses and a unique history.
$2,800
The Upper East Side is fancy, filled with designer shops and a mix of classic brownstones and luxury high rises.
$2,950
Home to the Guggenheim Museum, Upper Manhattan boasts a sophisticated feeling with NYC rent prices that surprisingly, aren’t too shocking.
$3,500
Between Riverside and Central Park, the Upper West Side is filled with bistros, museums, and cozy housing.
$1,825
A hip area of NYC filled with plenty of young people, Washington Heights is friendly, affordable, and home to coffee shops, parks, and restaurants.
$3,600
A high average rent in New York City, the West Village is fashionable, trendy, and draws people in with its designer boutiques.
$3,250
Buzzy and bright with gorgeous views of Manhattan, Williamsburg has a reputation as one of the coolest spots in Brooklyn.
$1,865
With low average apartment rent in NYC, Yonkers is home to majestic river views, options for entertainment, and parks.
$2,800
Safe with a youthful feel, Yorkville is a popular choice among families and those who prefer a calm, peaceful environment.
When you’re trying to figure out where to move—and researching things like the average rent in Boston, average rent in Seattle, and average rent in San Francisco—it might surprise you that s ome areas of NYC aren’t too out of reach financially.
Remember, if you need a place to stay while you explore the real estate market and find your NYC dream spot, make sure to check out our New York furnished rentals.
From all of us at Zeus, best of luck on your NYC house hunt!