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108 Apartments under 1600 for rent in New York, NY

Last updated October 20 at 10:19am UTC
1940 East Tremont Avenue
Parkchester
New York, NY
Updated October 20 at 10:19am UTC
1 Bedroom
$1,500
5632 Post Road
North Riverdale
New York, NY
Updated October 20 at 10:18am UTC
1 Bedroom
$1,550
115 Ralph Avenue
Bedford-Stuyvesant
New York, NY
Updated October 20 at 10:18am UTC
Studio
$1,350
610 W 196th St
Washington Heights
New York, NY
Updated October 20 at 10:17am UTC
Studio
$1,400
75 West 118th Street
Harlem
New York, NY
Updated October 20 at 10:17am UTC
Studio
$1,570
895 Fulton Street
Clinton Hill
New York, NY
Updated October 20 at 10:17am UTC
Studio
$1,428
1854 Ocean Avenue
Midwood
New York, NY
Updated October 20 at 10:16am UTC
1 Bedroom
$1,575
9008 Flatlands Avenue
Canarsie
New York, NY
Updated October 20 at 10:11am UTC
1 Bedroom
$1,100
2214 64th St
Mapleton
New York, NY
Updated October 20 at 9:32am UTC
Studio
$1,590
4815 4th Ave
Sunset Park
New York, NY
Updated October 20 at 9:04am UTC
1 Bedroom
$1,500
88 Renee Place, #1F
Bulls Head
New York, NY
Updated October 20 at 6:34am UTC
2 Bedrooms
$1,500
40-40 79th Street
Elmhurst
New York, NY
Updated October 20 at 6:32am UTC
Studio
$1,525
129 Hurlbert Street
Dongan Hills
New York, NY
Updated October 20 at 6:32am UTC
1 Bedroom
$1,100
104 West 80th Street
Upper West Side
New York, NY
Updated October 20 at 6:29am UTC
Studio
$1,390
121 West 122nd Street
Harlem
New York, NY
Updated October 20 at 6:29am UTC
Studio
$1,550
425 Senator St
Bay Ridge
New York, NY
Updated October 19 at 5:12pm UTC
1 Bedroom
$1,500
75-10 Grand Central Pkwy
Forest Hills
New York, NY
Updated October 19 at 5:12pm UTC
Studio
$1,575
1326 E 49th St
Flatlands
New York, NY
Updated October 19 at 5:06pm UTC
1 Bedroom
$1,400
43-42 45th Street, #3fl
Long Island City
New York, NY
Updated October 19 at 2:42pm UTC
Studio
$1,400
41 Halsey Street
Bedford-Stuyvesant
New York, NY
Updated October 18 at 11:40pm UTC
Studio
$1,375
131 Columbia Street
Cobble Hill
New York, NY
Updated October 18 at 11:40pm UTC
Studio
$1,500
1530 E 8TH ST.
Midwood
New York, NY
Updated October 20 at 10:17am UTC
Studio
$1,455
118 Montague Street
Brooklyn Heights
New York, NY
Updated October 18 at 11:40pm UTC
Studio
$1,550
120 West 138th Street
Harlem
New York, NY
Updated October 18 at 11:39pm UTC
Studio
$1,500

October 2018 New York Rent Report

Welcome to the October 2018 New York Rent Report. New York rents declined 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

October 2018 New York Rent Report

Welcome to the October 2018 New York Rent Report. New York rents declined 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 declined over the past month

New York rents have remained flat over the past month, however, they have increased marginally by 0.6% year-over-year. Currently, median rents in New York stand at $2,100 for a one-bedroom apartment and $2,510 for a two-bedroom. New York's year-over-year rent growth leads the state average of 0.5%, but trails the national average of 0.9%.

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, 9 of them have seen prices rise. New York as a whole logged rent growth of 0.5% 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 $2,630; of the 10 largest cities in the metro that we have data for, West New York, where a two-bedroom goes for $1,460, is the only major city to see rents fall year-over-year (-0.6%).
  • White Plains, Jersey City, and Union City have all experienced year-over-year growth above the state average (2.4%, 2.1%, and 2.1%, respectively).

Comparable cities nationwide show more affordable rents compared to New York

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

  • New York's median two-bedroom rent of $2,510 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 0.6% increase in New York.
  • While New York's rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-1.6%) and Chicago (-0.9%).
  • Renters will generally find more expensive prices in New York than most similar cities. For example, Houston has a median 2BR rent of $1,020, 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 $2,100 $2,510 -0.1% 0.6%
Newark $1,160 $1,390 -1.2% 0.7%
Jersey City $1,610 $1,920 0.3% 2.1%
Union City $1,390 $1,660 0.3% 2.1%
White Plains $1,820 $2,170 1.5% 2.4%
Hoboken $2,200 $2,630 0.1% 1.5%
West New York $1,220 $1,460 -0.1% -0.6%
Hackensack $1,450 $1,730 0.4% -1.0%

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.