New York

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New York, NY

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The City of Endless Possibility

Vibrant Diverse Culture Walkable

New York City has it all, from iconic landmarks to industry powerhouses to every type of cuisine you can imagine. Here, staples of the American image are everywhere: the Statue of Liberty, Times Square, Broadway, Central Park, an unparalleled skyline, and dynamic neighborhoods teeming with diverse cultures and activities.

All the perks of living in the Greatest City in the World come with a price tag to match. The cost of living in New York City is the second highest in the nation. Those living in New York City tend to earn higher salaries, in addition to having a walkable lifestyle with quick access to the subway (and less of the fees and maintenance associated with car ownership). There are other ways to curb living expenses, such as looking in more affordable neighborhoods or renting with a roommate.

If you find an apartment you like in New York City, you’ll want to act fast. The vacancy rate is only around 2.4 percent, meaning there’s a lot of competition for available apartments. You will, however, have a multitude of options to choose from, from apartments and condos to lofts and townhomes. From some of the best restaurants in the world to corner delis to street vendors, New York City is famous for its food. With the city’s vast diversity, you’ll be able to experience cuisine from across the globe. When you rent in New York, you’ll be able to enjoy Broadway shows and world-famous museums like the Guggenheim, the Metropolitan Museum, and the Museum of Modern Art.

As for green space, Central Park covers 843 acres and includes destinations like the Central Park Zoo and events like Shakespeare in the Park. Having one of the most-visited city parks in the nation just a walk or subway ride away is just one of the many perks of living in the Big Apple.

Great news for New York renters! Apartments.com now features two new search filters: No Broker Fee to help save on upfront costs, and Walk-Up for charm without elevators. Find your perfect apartment fast with these tailored options!

Explore the City

General Sherman statue in Central Park

Historic Central Park is an iconic NYC location

New York's famous skyline

Pier 17 is considered an up-and-coming location

The Statue of Liberty was dedicated in 1886

The Metropolitan Museum of Art is the largest art museum in the US

Rent Trends

As of November 2024, the average apartment rent in New York, NY is $3,140 for a studio, $3,873 for one bedroom, $5,249 for two bedrooms, and $6,515 for three bedrooms. Apartment rent in New York has increased by 3.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$3,873/month
595 Sq Ft
House
$4,566/month
405 Sq Ft
Condo
$4,577/month
140 Sq Ft
Townhome
$5,284/month
532 Sq Ft
See Rental Market Trends in New York, NY

Learn More About New York

5 Amenities to Look for in New York, NY

Moving to a new place can be overwhelming, especially when narrowing down your list of must-haves in a rental. Here are some amenities to prioritize when apartment hunting in NYC.

Style Showdown: Apartments vs. Houses in New York City Neighborhoods

Are you planning to move to Manhattan? Want to know your rental options? Check out this style showdown.

Affordable Neighborhoods for Renters in New York City

Want an affordable New York City neighborhood? Check out these neighborhoods.

Live Like a Local: Residents Share What It's Really Like Living in New York City

People have a lot to say about life in New York! We know, because we asked! Curious what real New Yorkers think about living in the city? Residents share their thoughts and offer advice to renters.

Cost of Living in New York City: What Renters Need to Know in 2024

Understand the cost of living in New York City, NY in 2024. From housing to healthcare, get all the details you need to budget effectively.

5 Most Luxurious Rentals in New York, NY

Want a peek into the lives of the rich and famous? Here are the top five most lavish rentals in New York City.

Transportation

98

Walker's Paradise

out of 100 WalkScore® Rating

Lace up your walking shoes because this area is considered a walker’s paradise.

100

Rider's Paradise

out of 100 TransitScore® Rating

Living in this area is considered a rider’s paradise, with world-class transportation.

86

Very Bikeable

out of 100 BikeScore® Rating

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Schools

Ps 184 Shuang Wen

Public

Grades PK-8

736 Students

10
out of 10

Ps 42 Benjamin Altman

Public

Grades PK-5

482 Students

10
out of 10

Ballet Tech Nyc Ps For Dance

Public

Grades 4-8

116 Students

10
out of 10
9
out of 10

Ps 171 Patrick Henry

Public

Grades PK-8

762 Students

9
out of 10

Ps 184 Shuang Wen

Public

Grades PK-8

736 Students

10
out of 10

Ballet Tech Nyc Ps For Dance

Public

Grades 4-8

116 Students

10
out of 10
9
out of 10

Ps 171 Patrick Henry

Public

Grades PK-8

762 Students

9
out of 10

Battery Park City School

Public

Grades PK-8

710 Students

9
out of 10

Stuyvesant High School

Public

Grades 9-12

3,334 Students

10
out of 10

Millennium High School

Public

Grades 9-12

665 Students

10
out of 10

High School Math Science And Engineering At CCNY

Public

Grades 9-12

555 Students

10
out of 10

Eleanor Roosevelt High School

Public

Grades 9-12

541 Students

10
out of 10

High School For Dual Language And Asian Studies

Public

Grades 9-12

373 Students

10
out of 10

Points of Interest

Parks and Recreation

  • Commodore Barry Park
  • Fort Greene Park
  • Cadman Plaza Park
  • Brooklyn Bridge Park
  • Cobble Hill Park

Airports

  • Laguardia
  • Newark Liberty International

Top Apartments in New York

Houses for Rent in New York

Property Management Companies in New York, NY

Living in New York

History

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First explored by Henry Hudson in 1604, New York was eventually settled in 1624 by Dutch settlers, who named the area New Amsterdam. In 1664, the British took control of the area and named it for the Duke of York. The city quickly became a major port and center of commerce. By 1790, it was the largest city in the country.

Restaurants

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No matter what cuisine you're craving, what atmosphere you're looking for, or the price point you want to pay, you'll find it in NYC. The city's restaurants are plentiful and legendary, from five-star French cuisine to the best in New York style pizza. If you want to combine a little bit of history with your meal, New York City has some fantastic historic destinations. Fraunces Tavern is a National Historic Landmark, established in 1762. You can dine in the same restaurant that George Washington once used as his headquarters. Other historic restaurants include Kenns Steakhouse (1885), Katz's Delicatessen (1888), Peter Luger Steakhouse (1887), and Rao's, established in 1896 (yes, the restaurant that created that wonderful pasta sauce).

With so many fantastic restaurants in the city, do yourself a favor -- just start dining out. You'll find your favorites. (Oh, and don't forget the food trucks, corner cafes, and food carts.)

Transportation

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New York City is pedestrian-friendly and bicycle-friendly. The subway system provides fast, easy access throughout the entire city and is the most popular way to get around. Those living in Staten Island have access to the Staten Island Ferry, which is free. For trips to Long Island, the Long Island Railroad is available at Penn Station. The city also offers buses, and the yellow taxis are easy to hail, not to mention iconic. Other notable buildings include the Alice Austen House in Staten Island, built in 1690; the Fraunces Tavern in Lower Manhattan, built in 1719; and St. Paul's Chapel in Manhattan, built in 1764 and one of the oldest surviving churches in the state.

Parks

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The best-known park in NYC is (of course) Central Park. The park was built in 1857 and covers 843 acres. It is a National Historic Landmark and was designed by famous landscape architect Frederick Law Olmsted. The park is filled with walking paths, pedestrian bridges, and benches. It features horseback-riding trails, ice-skating rinks, a conservatory, and the Central Park Zoo. Its outdoor amphitheater, the Delacorte Theater, hosts the summertime "Shakespeare in the Park" festival. The park also provides playgrounds, ball fields, the famous Belvedere Castle, and the legendary Tavern on the Green.

Cost

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Renters living in New York City pay an average of $4,156/month to rent an apartment, 80% higher than the New York state average. City dwellers exploring houses for rent in New York City can expect to pay around $4,000/month. For those looking to buy, the average house is valued at $664,000, compared to the state average of $415,000. Read more on average rent in NYC.

So, where is rent cheapest in New York City?

If you're looking to save money on rent, try looking in the Bronx or Queens. Rent in the Bronx averages $2,157 for a one-bedroom apartment, while Queens has one-bedrooms for about $2,228.

Shopping

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As the center for the fashion industry, the shopping in NYC is legendary. From Macy's in Herald Square to Niketown to Downtown's Century 21 and Chelsea Market Baskets, there's something for everyone In the city. Of course, there's Saks Fifth Avenue and Barneys New York to explore, as well. From corner bakeries to sidewalk cafes to some of the hottest fashion boutiques in the world, you'll find what you're shopping for in New York. Be sure to stop by the Hell's Kitchen Flea Market and the 165th Street Pedestrian Mall in Queens when you feel like bargain-hunting. There are even whole neighborhoods designated as shopping enclaves. SoHo, for example, offers everything from odd to trendy to fashionable, all housed in historic buildings along cobblestone streets.

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