Property prices for rent in New York region

The average rent price in the New York region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.

$3,406.17
Average price last 6 months
$23.96
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New York has fallen considerably in the last 6 months. During July, the average price per sq.feet was $70.16. The following month (August) the price had a considerable fall reaching $46.19 per sq.feet. The following two months (September, October) went through a considerable fall of 12 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 20 %. This has been obtained by comparing the price of $32.67 for the first four months of the sample with regard to the previous 4 months and the price of $6.54 per sq.feet for the last two months (November, December).

Average price

When referring to the price in New York(region), this has risen in the last 6 months. In the first month sample July the average price is $3,230. In August the price remains at $3,081. The average price for the following two months (September, October) rose from $3,155.5 to $3,374.5. During the last two months the price has gone up 113 % compared to the previous average values going from $3,265 a $3,688.5 in November y December.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 39 % cheaper than the average price in New York followed by those with 2 with an average price of $3,120. The most expensive properties have 4 bedrooms. They are 175 % more expensive than the average followed by those properties with 3 bedrooms priced at $5,109.

Based on the average price per sq.feet those properties with 2 bedrooms are the most affordable ones with a price of $3.59 / sq.feet being $4.6 / sq.feet the average for New York. The properties with the highest average price are those with 1 bedroom. These are 257 % more expensive than the average followed by those with 4 bedrooms with a price of $5.39 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Detached House" as the most affordable one. With an average cost of $4,186 it is 50 % cheaper than the average in New York. This is followed by "House" with a cost of $2,826. The most expensive property type is "Apartment" and is 20 % more costly than the average, followed by "Condo" with a cost of $3,350.

Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1 / sq.feet, followed by "Condo" with a price of $3.15 / sq.feet. "Land" with an average price of $55.42 / sq.feet is the most expensive type of property followed by "House" at a price of $13.2 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in region New York
$4,186
$4.6
272,192
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 57
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$2,970,000
New York, New York - For Sale - Condo - 1,349 sq.feet - 2 bedrooms - 3 bathrooms
This new construction, quick delivery home is the n1001 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #n1001, new york...
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 60
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$2,880,000
New York, New York - For Sale - Condo - 1,608 sq.feet - 2 bedrooms - 3 bathrooms
This new construction, quick delivery home is the s203 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #s203, new york, ny...
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 84
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$3,750,000
New York, New York - For Sale - Condo - 1,936 sq.feet - 3 bedrooms - 4 bathrooms
This new construction, quick delivery home is the 12c plan by toll brothers, and is located in the community of the 91 leonard at 91 leonard #12c, new york, ny-10013...
Brand New Home In New York, Ny. 3 Bed, 3 Bath
 67
Brand New Home In New York, Ny. 3 Bed, 3 Bath
$5,400,000
New York, New York - For Sale - Condo - 2,263 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the s902 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #s902, new york, ny...
Brand New Home In New York, Ny. 2 Bed, 2 Bath
 61
Brand New Home In New York, Ny. 2 Bed, 2 Bath
$3,780,000
New York, New York - For Sale - Condo - 1,707 sq.feet - 2 bedrooms - 3 bathrooms
This new construction, quick delivery home is the n1107 plan by toll brothers, and is located in the community of the 121 east 22nd at 121 east 22nd #n1107, new york...
Avalon West Chelsea 1 Bedroom Apartment For Rent At 282 11th Ave, New York, Ny 10001 Chelsea
 20
Avalon West Chelsea 1 Bedroom Apartment For Rent At 282 11th Ave, New York, Ny 10001 Chelsea
$3,520
New York, New York - For Rent - Apartment - 711 sq.feet - 1 bedroom - 1 bathroom
Avalon west chelsea, located in west chelsea steps from the high line, offers studio, 1, and 2 bedroom apartments. These pet friendly, west chelsea apartment...
The Brooklyner 1 Bedroom Apartment For Rent At 111 Lawrence St, New York, Ny 11201 Downtow...
 20
The Brooklyner 1 Bedroom Apartment For Rent At 111 Lawrence St, New York, Ny 11201 Downtow...
$2,438
New York, New York - For Rent - Apartment - 732 sq.feet - 1 bedroom - 1 bathroom
No broker fees. The brooklyner known as the tallest building in the borough, is located at 111 lawrence street and offers apartments in downtown brooklyn....
Carroll Street 1 Bedroom Apartment For Rent At 335 Carroll St, New York, Ny 11231 Carroll ...
 19
Carroll Street 1 Bedroom Apartment For Rent At 335 Carroll St, New York, Ny 11231 Carroll ...
$4,098$4,103
New York, New York - For Rent - Apartment - 955 sq.feet - 1 bedroom - 2 bathrooms
335 carroll features studios, one-, two- and three-bedroom apartments, as well as five duplex units. Open kitchens - outfitted with bosch appliances - feature...
West 54th 1 Bedroom Apartment For Rent At 505 W 54th St, New York, Ny 10019 Hell's Kitchen
 20
West 54th 1 Bedroom Apartment For Rent At 505 W 54th St, New York, Ny 10019 Hell's Kitchen
$2,789
New York, New York - For Rent - Apartment - 651 sq.feet - 1 bedroom - 1 bathroom
No broker fees. West 54th apartments in new york city sits near hell's kitchen. Our spacious apartments feature large closets and walk-in closets. Select apartments...
The Brooklyner 1 Bedroom Apartment For Rent At 111 Lawrence St, New York, Ny 11201 Downtow...
 20
The Brooklyner 1 Bedroom Apartment For Rent At 111 Lawrence St, New York, Ny 11201 Downtow...
$2,682
New York, New York - For Rent - Apartment - 677 sq.feet - 1 bedroom - 1 bathroom
No broker fees. The brooklyner known as the tallest building in the borough, is located at 111 lawrence street and offers apartments in downtown brooklyn....