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5000 Apartments for rent in New York, NY

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Last updated November 21 at 8:15pm UTC
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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.

Rent Report
New York

November 2017 New York Rent Report

Welcome to the November 2017 New York Rent Report. 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 declined marginally over the past month

New York rents have declined 0.2% over the past month, and are down slightly by 0.2% in comparison to the same time last year. Currently, median rents in New York stand at $2,090 for a one-bedroom apartment and $2,490 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. New York's year-over-year rent growth lags the state average of 1.1%, as well as the national average of 2.7%.

Rents rising across cities in New York

While rent decreases have been occurring in the city of New York over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in New York for which we have data. The state as a whole logged rent growth of 1.1% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Hoboken is the most expensive of all New York's major cities, with a median two-bedroom rent of $2,580; of the 10 largest New York cities that we have data for, 4 have seen rents fall year-over-year, with White Plains experiencing the fastest decline (-2.1%).
  • Hackensack, Buffalo, and Rochester have all experienced year-over-year growth above the state average (5.2%, 3.4%, and 3.3%, respectively).

Comparable cities nationwide show more affordable rents compared to New York

As rents have fallen slightly in New York, many other large cities nationwide have seen prices increase, in some cases substantially. Compared to most similar cities across the country, New York is less affordable for renters.

  • New York's median two-bedroom rent of $2,490 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.2% decline in New York.
  • While rents in New York fell slightly over the past year, many cities nationwide saw increases, including Seattle (+4.2%), Los Angeles (+3.9%), and Atlanta (+2.4%).
  • Renters will generally find more expensive prices in New York than most other large cities. For example, Houston has a median 2BR rent of $1,010, 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 $2,090 $2,490 -0.2% -0.2%
Newark $1,160 $1,380 0.1% -0.4%
Jersey City $1,570 $1,870 -0.2% 0.0%
White Plains $1,800 $2,140 1.3% -2.1%
Hoboken $2,160 $2,580 -0.3% 0.6%
West New York $1,220 $1,460 -0.4% 2.8%
Hackensack $1,460 $1,740 -0.2% 5.2%

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.

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

Apartment List has released results for New York City from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.

“Renters in New York are relatively satisfied with their city overall,” says Andrew Woo, Director of Data Science at Apartment List. “Ratings in most categories largely included average or above average scores, with more significant variance across others.”

Key findings in NYC include the following:

  • New York renters gave their city a B overall for satisfaction.
  • The highest-rated categories for New York were access to public transit (A+) and access to parks (A-).
  • Renters here are also relatively satisfied with local jobs and career opportunities (B), safety (B), and commute times (B+).
  • The biggest causes for dissatisfaction in NYC included state and local taxes (D), quality of local schools (D), and affordability/cost of living (F).
  • Millennial renters seem to be pretty well satisfied with life in New York, giving the city an A- overall.
  • Renters are not quite as satisfied in New York as they are in other East Coast cities such as Washington DC (A-) and Boston (A+). However, compared to other similarly sized cities like Los Angeles (C) and Chicago (B-), NYC is doing pretty well.
  • The top rated cities nationwide for renter satisfaction included Arlington, VA; Lincoln, NE; Pasadena, CA; Boston, MA; and Madison, WI. The lowest rated cities included Newark, NJ; Bronx, NY; Bridgeport, CT; Baltimore, MD; and Salinas, CA.

Renters say:

  • “New York is the place for any young person to make themselves into whoever they want to be. The amount of opportunity this city provides outweighs the small negative aspects.” — Ryan M.
  • “There's always something to do!” —Angel H.
  • “One thing I hate about New York City is the expenses. I dislike that no matter how hard a minimum-wage student works, day in and day out, they will just be getting by in the city.” —Ashley G.
  • “There are so many things to do in NYC, but every year that goes by it seems that the city is becoming more and more overcrowded.” —Ryan J.