Rentometer, Inc. | Data as of 12/16/2025
New York’s rental market remains one of the most dynamic in the nation, offering a diverse mix of apartments and houses that cater to both professionals and families. From sleek studios in the heart of Manhattan’s Midtown to spacious 4‑plus‑bedroom homes in Brooklyn’s historic Brownstone districts, the city provides options that suit a wide range of lifestyles. Rental trends show studio apartments typically averaging in the $3400 range, while one‑bedroom units are commonly found near the $3900 mark, reflecting the premium of central locations and easy access to transit.
For larger families or those seeking more privacy, the city’s house market presents compelling choices. One‑bedroom houses often rent in the $2400 range, whereas two‑bedroom homes are generally available around $3400. Premium neighborhoods such as the Upper West Side, Park Slope, and Astoria feature well‑maintained properties that balance comfort with proximity to cultural attractions, top‑rated schools, and vibrant dining scenes. Those desiring extra space can find four‑plus‑bedroom houses with rentals averaging in the $5600 bracket, providing ample room for growing households.
Beyond the numbers, New York’s neighborhoods each bring a unique character. Manhattan’s Financial District and Chelsea offer sleek high‑rise living steps from world‑class museums and nightlife, while Brooklyn’s Williamsburg and DUMBO blend industrial chic with waterfront parks. Queens’ Long Island City and Flushing combine affordability with easy commuter routes, making them attractive for professionals seeking both convenience and community. Whether you’re looking for a compact studio or a spacious family home, New York’s rental landscape delivers unmatched variety and vibrancy.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $3,566 | $3,687 | $1,200 - $6,120 | $2,775 - $4,295 |
| Apartment | 1 Bedroom | $3,820 | $3,520 | $900 - $8,125 | $2,750 - $4,996 |
| Apartment | 2 Bedroom | $5,664 | $4,627 | $1,500 - $22,000 | $3,495 - $6,810 |
| Apartment | 3 Bedroom | $5,332 | $3,880 | $1,325 - $25,595 | $3,200 - $6,395 |
| Apartment | 4+ Bedroom | $7,001 | $4,000 | $1,433 - $40,000 | $3,800 - $5,700 |
| House | 1 Bedroom | $2,455 | $2,062 | $1,800 - $3,895 | $1,800 - $3,895 |
| House | 2 Bedroom | $2,998 | $2,850 | $2,100 - $5,995 | $2,400 - $3,300 |
| House | 3 Bedroom | $3,779 | $3,800 | $2,800 - $5,500 | $3,100 - $4,000 |
| House | 4+ Bedroom | $4,514 | $3,900 | $3,300 - $7,500 | $3,600 - $5,000 |
In the current period, the average rent in New York was $3,514 for Studio, $3,785 for 1 Bedroom, $5,462 for 2 Bedroom, $5,045 for 3 Bedroom, and $5,044 for 4+ Bedroom.
Data provided by Rentometer, Inc.