Cheap Apartments for Rent in New York, NY
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Average Rent Trends in New York, NY
Rent in New York, NY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $3,675 |
| Nov 2025 | $3,596 |
| Dec 2025 | $3,530 |
| Jan 2026 | $3,500 |
| Feb 2026 | $3,495 |
| Mar 2026 | $3,500 |
| Apr 2026 | $3,546 |
| May 2026 | $3,606 |
| Jun 2026 | $3,686 |
| Jul 2026 | $3,700 |
| Aug 2026 | $3,750 |
| Sep 2026 | $3,700 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $3,550 | $3,950 | $3,600 | $4,011 | $3,625 |
| Townhomes | $2,040 | $2,650 | $3,400 | $3,705 | $2,997 |
| Apartments and Condos | $3,600 | $4,000 | $3,600 | $4,070 | $3,686 |
| Houses | $1,800 | $2,700 | $3,500 | $4,500 | $3,200 |
Frequently Asked Questions about Rentals in New York, NY
- What is the average rent of an apartment in New York, NY?The average rent of an apartment in New York, NY is $3,889 per month. This is about 100% higher than the national average.
- What are the cheapest months to find an apartment to rent in New York, NY?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $3,300 per month.
- How many cheap apartments are available in New York, NY?There are 7,897 apartments to rent that are cheaper than the city’s average rent of $3,625.
- When is the average rent most expensive in New York, NY?In the last year, the average rent in New York, NY was highest in Aug 2025 when it was $3,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in New York, NY?The average rent of a 1 bedroom apartment in New York, NY is $3,550 per month. That is about $196 more than the cost of a studio apartment.
- What colleges and universities are in New York, NY?Colleges and universities in New York, NY include: The New School, New York University, Fordham University, Icahn School of Medicine at Mount Sinai, Touro University.
- What are some neighborhoods in New York, NY?Some neighborhoods in New York, NY include: Upper West Side, Upper East Side, East New York, Bedford-Stuyvesant, Washington Heights.
- What are some zip codes in New York, NY?
- What are some cities near New York, NY?Some nearby cities include: Hoboken, Jersey City, Weehawken, Union City, Bayonne. These cities may have more rental options to explore.
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