How much is the rent for studios, one and two bedroom apartments in New York City at the end of June 2022? Consider the average prices for rent apartments. The average price for renting a 1-bedroom apartment is $3,600 per month (rent has risen by 40.10% over the year). Two-bedroom apartments have risen in price by 44.70% over the year (an average of $3,950 per month). Studios remain the cheapest property to rent. Studio rentals cost an average of $3,100 per month.
The cheapest neighborhoods to rent an apartment in New York City include: Allerton ($1,100/month), Willowbrook ($1,200/month) and Manor Heights ($1,200/month).