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5000 Apartments for rent in New York, NY

Read Guide >
Last updated July 23 at 4:50pm UTC
City Guide
New York
Manhattan

Many people move to the Big Apple with images of Carrie, Charlotte, Miranda, and Samantha’s “Sex and the City” pads floating in their heads. Manhattan is completely doable if you look in the northern regions of Harlem, Washington Heights and Inwood. These neighborhoods more budget-friendly. The only drawback to living ‘round these parts could be your commute downtown (assuming that’s where you’ll be winning your bread). Thirty-minute commutes to the subway train are standard fare, so you better bring some comfy walking shoes. Whoever said a little exercise was a bad thing anyway?

Another neighborhood to check out is the “new” Upper East Side, in the 80’s close to York Avenue. Has a plethora of dive bars.

Your New York options are truly endless! We suggest pointing yourself towards the East Village for an amazing nightlife, the West Village for cobblestone-street cuteness and adorable sidewalk eateries, Midtown for easy access to the best theater in the world, the Upper East Side for endless museums, or the Upper West Side for strolls through Central Park with your pooch.

Queens

If you’re a foodie at heart, Queens may just be the borough for you. It has often been said, “I ate my way around the world and never left Queens!” The main thing to keep in mind if you decide to go to one of the outer boroughs is commuting time. Obviously, the closer you are to Manhattan, the shorter your commute will be. And if you end up in the outer-reaches of a far-out borough, make sure you are close to public transportation.

Brooklyn

Brooklyn has their spacey apartments. The farther east or south you go, the further your dollar stretches. Just keep that commute we warned you about locked in your mind.

The Bronx

Ahh, the Boogie-Down Bronx! The South Bronx is home to Yankee Stadium, so the area is undergoing a lot of positive development. Amazing deals and lifestyles can also be found in the Northeast Bronx in the neighborhoods of Pelham Parkway and Co-cop City. The apartments will be spacier, and you’ll ultimately get more bang for your buck...not only in rent, but also bodegas, grocery stores and restaurants. When it comes to having and housing a car, The Bronx is the most user-friendly neighborhood around. It's not uncommon to find street parking, and the parking garages are a fraction of what you will pay in other boroughs.

Staten Island

If you are looking to stay with the suburb experience while still calling yourself a “New Yorker”, we would recommend living in Staten Island. It can only be reached by a bridge from Brooklyn (i.e. a car is a must), or a 20-minute ferry ride that will take you to the bottom of Manhattan. The North Shore is home to the hoods St. George, Tompkinsville, Clifton and Stapleton, and is the most urban of the island.

Big City Living

Once you get to NYC, there are a few things you should know to help you make you look like less of a transplant.

Getting Around Town:

  • Ditch the car. In NYC you can get just about anywhere using public transportation and your own two feet. Owning a car in NYC is more of a liability than a convenience: with limited parking (running as high as $400 a month), perpetual bumper to bumper traffic, insurance, gas, and all of the potential tickets from NYC’s extreme parking laws, you’re better off selling your car to help pay the rent.
  • Learn the subway system. Know your line. Know your train car. Know your schedule. The subway runs 24/7.
  • The left side of the subway escalator is for those rushing, stay on the right side if you’re feeling like a casual stroll.
  • Invest in a good pair of shoes for walking. You’ll be doing a lot of it.
  • Carry with you a quality collapsible umbrella. It rains a lot in NYC and, not to beat it into the ground, but you’ll be doing a lot of walking.

Now that your unlimited MetroCard has been put to good use, let’s reconvene! New York’s 5 boroughs are home to over 8 million people speaking over 800 languages. And no matter the borough you choose to call home, we’re sure you’ll bring something unique and amazing to the table. Get your apartment fondue skewers.

July 2018 New York Rent Report

Welcome to the July 2018 New York Rent Report. New York rents increased over the past month. In this report, we'll evaluate trends in the New York rental market, including comparisons to cities throughout the state and nation.

View full New York Rent Report

Rent Report
New York

July 2018 New York Rent Report

Welcome to the July 2018 New York Rent Report. New York rents increased over the past month. In this report, we'll evaluate trends in the New York rental market, including comparisons to cities throughout the state and nation.

New York rents increase sharply over the past month

New York rents have increased 1.2% over the past month, and have increased slightly by 1.7% in comparison to the same time last year. Currently, median rents in New York stand at $2,120 for a one-bedroom apartment and $2,520 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in February. New York's year-over-year rent growth leads the state average of 0.7%, as well as the national average of 1.4%.

Rents rising across cities in the New York Metro

Throughout the past year, rent increases have been occurring not just in the city of New York, but across the entire metro. Of the largest 10 cities that we have data for in the New York metro, 7 of them have seen prices rise. New York as a whole logged rent growth of 0.7% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Hoboken is the most expensive of all New York metro's major cities, with a median two-bedroom rent of $2,620; of the 10 largest cities in New York metro that we have data for, White Plains, Jersey City, and Union City, where two-bedrooms go for $2,070, $1,880, and $1,680, respectively, are the three major cities in the metro to see rents fall year-over-year (-1.6%, -1.2%, and -0.7%).
  • Rochester, Newark, and New York have all experienced year-over-year growth above the state average (3.2%, 3.2%, and 1.7%, respectively).

Similar cities nationwide show more affordable rents compared to New York

As rents have increased slightly in New York, other large cities nationwide have seen rents grow more quickly. Compared to most similar cities across the country, New York is less affordable for renters.

  • New York's median two-bedroom rent of $2,520 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.7% increase in New York.
  • While New York's rents rose slightly over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), Chicago (-1.3%), and DC (-0.1%).
  • Renters will generally find more expensive prices in New York than most other large cities. For example, Houston has a median 2BR rent of $1,030, where New York is nearly two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
New York $2,120 $2,520 1.2% 1.7%
Newark $1,210 $1,440 1.1% 3.2%
Jersey City $1,580 $1,880 0.1% -1.2%
Union City $1,410 $1,680 1.7% -0.7%
White Plains $1,740 $2,070 -0.6% -1.6%
Hoboken $2,200 $2,620 0.8% 0.5%
West New York $1,230 $1,470 0.1% 0.6%
Hackensack $1,440 $1,720 -0.7% -0.4%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Renter Confidence Survey

Apartment List has released New York’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

"New York renters expressed general satisfaction with the city overall," according to Apartment List. "Interestingly, ratings for New York vary widely across categories such as public transit, safet...

View full New York Renter Confidence Survey
New York Renter Confidence Survey
National study of renter’s satisfaction with their cities and states
Here's how New York ranks on:
C+ Overall satisfaction
B Safety and crime rate
C Jobs and career opportunities
B Recreational activities
D Affordability
D Quality of schools
B Social Life
D Weather
C+ Commute time
F State and local taxes
A+ Public transit
C Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released New York’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

"New York renters expressed general satisfaction with the city overall," according to Apartment List. "Interestingly, ratings for New York vary widely across categories such as public transit, safety, and local taxes."

Key Findings in New York include the following:

  • New York renters gave their city a C+ overall.
  • The highest-rated category for New York was public transit, which received an A+ score.
  • The areas of concern to New York renters are state and local taxes (F), affordability (D) and quality of local schools (D).
  • Millennial renters are moderately satisfied with their city, giving it an overall rating of C+, while renters who are parents were less satisfied, giving it a C grade.
  • New York did relatively well compared to other cities in the state, including Buffalo, Syracuse and Albany, which all received scores of F.
  • New York earned similar scores to other similar cities nationwide, including Philadelphia (C+), Los Angeles (C+) and Miami (C+).
  • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

Renters say:

  • "New York has tons of interesting neighborhoods, restaurants, and public transportation to get around. Unfortunately, weekend transit is pretty unreliable." -Justin L.
  • "The best things about the city are the amazing food options, cultural diversity, and nightlife. But the downsides are crowds, transportation delays, and dirty streets." -Molly G.
  • "I love having access to transportation, but I hate the cost of living and high rent prices." -Erica D.
  • "Great access to food and entertainment, but commute times are long." -Elias

For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.