160 Apartments under 1600 for rent in New York, NY

Last updated August 14 at 2:52am UTC
880 Colgate Avenue
Clason Point
New York, NY
Updated August 14 at 2:52am UTC
1 Bedroom
$1,565
564 West 173rd Street
Washington Heights
New York, NY
Updated August 14 at 2:41am UTC
Studio
$1,400
564 West 173rd Street
Washington Heights
New York, NY
Updated August 14 at 2:41am UTC
1 Bedroom
$1,550
201 West 95th Street
Upper West Side
New York, NY
Updated August 14 at 2:40am UTC
Studio
$1,575
652 West 189th Street
Washington Heights
New York, NY
Updated August 14 at 2:40am UTC
1 Bedroom
$1,599
75 West 118th Street
Harlem
New York, NY
Updated August 14 at 2:38am UTC
Studio
$1,570
78 Herkimer St, 107
Bedford-Stuyvesant
New York, NY
Updated August 14 at 2:37am UTC
Studio
$1,550
153-10 Peck
Flushing
New York, NY
Updated August 14 at 2:31am UTC
1 Bedroom
$1,500
571 West 161st Street
Washington Heights
New York, NY
Updated August 13 at 10:41pm UTC
Studio
$1,529
2096 Victory Boulevard
Westerleigh
New York, NY
Updated August 13 at 10:40pm UTC
2 Bedrooms
$1,500
00 Pebble Lane
South Beach
New York, NY
Updated August 14 at 2:42am UTC
1 Bedroom
$1,250
2299 Adam Clayton Powell Junior Boulevard
Harlem
New York, NY
Updated August 14 at 2:38am UTC
Studio
$1,400
229 Seaman Ave
Inwood
New York, NY
Updated August 14 at 2:37am UTC
Studio
$1,599
54-16 73rd Place
Maspeth
New York, NY
Updated August 14 at 2:30am UTC
1 Bedroom
$1,499
147 AMITY ST.
Cobble Hill
New York, NY
Updated August 13 at 10:38pm UTC
Studio
$1,500
66 seabury st
Elmhurst
New York, NY
Updated August 14 at 2:40am UTC
Studio
$175
4815 4th Ave
Sunset Park
New York, NY
Updated August 14 at 1:08am UTC
1 Bedroom
$1,550
2333 Beaumont Ave
Belmont
New York, NY
Updated August 13 at 10:36pm UTC
Studio
$1,500
2229 Newbold Ave
Unionport
New York, NY
Updated August 13 at 5:16pm UTC
1 Bedroom
$1,400
2214 64th St
Mapleton
New York, NY
Updated August 13 at 5:15pm UTC
Studio
$1,590
229 Seaman Ave
Inwood
New York, NY
Updated August 13 at 5:12pm UTC
1 Bedroom
$1,550
58-25 Myrtle Ave
Ridgewood
New York, NY
Updated August 13 at 5:11pm UTC
Studio
$1,500
325 Marine Ave
Bay Ridge
New York, NY
Updated August 13 at 5:11pm UTC
1 Bedroom
$1,550
340 E Mosholu Pkwy S
Bedford Park
New York, NY
Updated August 13 at 5:15pm UTC
1 Bedroom
$1,500

August 2018 New York Rent Report

Welcome to the August 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

August 2018 New York Rent Report

Welcome to the August 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 moderately over the past month

New York rents have declined 0.3% over the past month, but are up slightly by 1.1% in comparison to the same time last year. Currently, median rents in New York stand at $2,110 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 0.7%, but trails the national average of 1.2%.

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, 8 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, Union City and White Plains, where two-bedrooms go for $1,660 and $2,100, are the only two major cities in the metro to see rents fall year-over-year (-2.4% and -0.8%).
  • Rochester, Syracuse, and Newark have all experienced year-over-year growth above the state average (3.0%, 1.7%, and 1.7%, respectively).

Other large 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 $2,510 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.1% rise in New York.
  • While New York's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Chicago (-1.8%).
  • 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 $2,110 $2,510 -0.3% 1.1%
Newark $1,190 $1,420 -1.5% 1.7%
Jersey City $1,590 $1,900 0.8% 0.1%
Union City $1,390 $1,660 -1.6% -2.4%
White Plains $1,760 $2,100 1.7% -0.8%
Hoboken $2,200 $2,620 0.1% 0.8%
West New York $1,230 $1,460 -0.3% 0.1%
Hackensack $1,440 $1,720 0.2% -0.1%

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.