The average rent for a one-bedroom apartment in New York, May 2022

Posted by:Aleksandr Belov Posted on:May 17,2022
Over the year, the average cost of renting a one-bedroom apartment in New York City has risen in price by about 37%. As of May 2022, the rent for a one-bedroom apartment is $3,420. The most expensive neighborhoods in New York include NoMad, Soho and Flatiron District. The average cost of renting a one-bedroom apartment in these areas is around $5,500-6,000 per month.

New York, NY (May 2022) median 1 bedroom rent price

Average monthly rent for 1 bedroom apartment = $3,420

Changes in property prices (year): 1 Bedroom

Year-Over-Year Price Change Rent (Y/Y %)
37.9%
Month, yearAverage rental price for a one bedroom apartment
May 2021$2,526
June 2021$2,585
July 2021$2,690
August 2021$2,916
September 2021$3,091
October 2021$3,218
November 2021$3,186
December 2021$3,237
January 2022$3,230
February 2022$3,142
March 2022$3,261
April 2022$3,428
May 2022$3,420

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

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