Rentometer, Inc. | Data as of 10/23/2025
New York City’s rental market remains vibrant and diverse, offering a full spectrum of housing options from sleek studio apartments to spacious multi‑bedroom homes. Studio units in both apartments and townhouses typically rent in the $3300‑$3400 range, while one‑bedroom apartments command a higher $3600‑$4000 bracket, reflecting the city’s strong demand for core‑city living. Larger apartments, such as two‑ and three‑bedroom layouts, see rents centered around the $4200‑$4600 and $4400‑$4600 levels respectively, and premium four‑plus‑bedroom units often reach the $5400‑$5600 range, catering to families and professionals seeking extra space.
For renters who prefer the privacy of a house, New York City delivers competitive rates across its neighborhoods. One‑bedroom houses are generally available in the $2500‑$2600 range, while two‑bedroom homes fall near $3000, and three‑bedroom residences hover around $3600. Larger family homes, especially those with four or more bedrooms, are typically listed in the $5000‑$5400 bracket, providing a compelling alternative to high‑rise living. Areas such as the Upper West Side, Williamsburg, and Park Slope combine historic charm with modern amenities, making them popular choices for both apartments and houses.
Beyond the numbers, the city’s cultural landmarks, dining scenes, and extensive transit network enhance the appeal of each rental tier. Whether you’re drawn to the bustling energy of Midtown, the artistic vibe of the Lower East Side, or the leafy streets of Brooklyn’s neighborhoods, New York City rentals offer a dynamic blend of convenience, lifestyle, and community that continues to attract a global roster of renters.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $3,335 | $3,180 | $1,617 - $6,250 | $2,500 - $3,937 |
Apartment | 1 Bedroom | $4,114 | $3,928 | $761 - $10,500 | $3,000 - $4,800 |
Apartment | 2 Bedroom | $5,260 | $4,250 | $295 - $19,147 | $3,000 - $6,500 |
Apartment | 3 Bedroom | $5,114 | $4,690 | $2,400 - $12,000 | $3,350 - $6,450 |
Apartment | 4+ Bedroom | $8,447 | $6,675 | $1,370 - $42,795 | $4,467 - $8,500 |
House | 1 Bedroom | $2,810 | $2,635 | $2,000 - $3,795 | $2,000 - $3,795 |
House | 2 Bedroom | $2,666 | $2,600 | $2,400 - $3,000 | $2,400 - $3,000 |
House | 3 Bedroom | $3,690 | $3,550 | $3,000 - $5,500 | $3,200 - $3,700 |
House | 4+ Bedroom | $6,541 | $5,600 | $5,250 - $8,775 | $5,250 - $8,775 |
In the current period, the average rent in New York was $3,335 for Studio, $4,089 for 1 Bedroom, $5,216 for 2 Bedroom, $4,945 for 3 Bedroom, and $7,512 for 4+ Bedroom.
Data provided by Rentometer, Inc.