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HOUSING COSTS
Where Can You Find the Lowest Rents?

Recent movers* paid the most for apartments in Manhattan and paid the least on Staten Island.

All Apartments° Median Monthly Rent
Studio 1 Bed. 2 Bed. 3 Bed. All Apts.
Bronx
$800
$962
$1,200
$1,500
$1,002
Brooklyn
$1,000
$1,075
$1,300
$1,575
$1,200
Queens
$1,000
$1,200
$1,400
$1,600
$1,300
Staten Island
$750
$900
$1,150
$1,700
$1,000
Manhattan
$1,700
$2,200
$2,350
$3,000
$2,100

 

What is the Price Difference between Rent-Stabilized and Market-Rate Apartments?

Recent movers* pay more for market-rate (unregulated) apartments than for those that are rent stabilized. If you were moving into a one-bedroom market-rate apartment in Brooklyn, for example, you would pay approximately $75 more than you would for a similarly-sized rent-stabilized apartment in the same borough.

Market-Rate/Unregulated Apartments Median Monthly Rent

Studio 1 Bed. 2 Bed. 3 Bed. All Apts.
Bronx
$800
$1,000
$1,275
$1,500
$1,300
Brooklyn
$1,000
$1,150
$1,300
$1,600
$1,350
Queens
$1,000
$1,100
$1,358
$1,600
$1,325
Staten Island
$750
$850
$1,200
$1,700
$1,000
Manhattan
$2,150
$2,600
$2,900
$3,400
$2,600

 

Stabilized Apartments Median Monthly Rent

Studio
1 Bed.
2 Bed.
3 Bed.
All Apts.
Bronx
$850
$950
$1,200
$1,326
$996
Brooklyn
$1,000
$1,075
$1,300
$1,600
$1,200
Queens
$1,050
$1,250
$1,400
$1,600
$1,250
Staten Island
$1,000
$1,000
Manhattan
$1,425
$1,450
$1,600
$1,500
$1,460

Notes
* Recent movers are those who moved into their apartments between 2009 and 2011 and the rents above reflect those paid as of Spring 2011, the most recent year for which data is available

° All apartments includes not just market-rate/unregulated and stabilized apartments, but also other types of rental housing, such as Mitchell-Lama and Public Housing.

Insufficient number of apartments in this category.

Source: 2011 NYC Housing and Vacancy Survey

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DISCLAIMER: The New York City Rent Guidelines Board does not own or rent apartments. Furthermore, this Apartment Guide is not meant to be a complete listing of housing resources, nor are we endorsing the websites linked to this guide. Unless otherwise indicated, we are not responsible for any opinions or comments expressed here. If you have any questions, suggestions, please contact us at ask@nycrgb.org.


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