Mapping the Median Rents in New York City Neighborhoods

May 1, 2013

The number crunchers over at rental listings website Zumper, in addition to finding New York City's cold pockets and figuring out how much money your commute saves you, have put together these more straightforward infographics identifying the median rent for the past month in each Manhattan neighborhood (as well as a few in Brooklyn and also Astoria). The breakdown: the median price this past month was $3,150 for a 1BR and $4,398 for a 2BR. The most expensive neighborhood was Tribeca (no surprise there) for both 1BRs ($4,180) and 2BRs ($6,275), while the second and third spots for 1BRs went to Greenwich Village and the Garment District and for 2BRs to Battery Park City and Soho.

Zumper also went a step further, breaking down which neighborhoods afforded the opportunity to save the most by having a roommate (i.e. which one had the smallest jumps in pricing from 1BRs to 2BRs). The top spot there went to Greenpoint ($3,000 for a 1BR vs. $1,575 per bedroom for a 2BR; savings of 47.5 percent), followed by Williamsburg ($2,820 for a 1BR vs. $1,600 per bedroom for a 2BR; 43.3 percent), and Murray Hill ($2,750 for a 1BR vs. $1,714 per bedroom for a 2BR; 37.7 percent). The neighborhoods where a roommate would save you the smallest amount were Battery Park City, Soho, and Chelsea.

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JAD Realty Group | New York, New York | info@jadrealtygroup.com