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Apartments for Rent in New York City, NY

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Renter’s City Guide to New York City, NY
Introducing New York City Expenses & Housing Stats Jobs & Education Lifestyle & Renting Tips

The Big Apple, the center of the universe or the city that never sleeps. Whatever you call it, there’s no doubt that New York City is one of the most well-known in the world. While it’s no longer the capital of the United States, nowadays, the city is widely considered the financial, cultural and media capital of the world.

What is the population of New York City?

New York City is the most populated metropolitan area in the United States, with 8.5 million living across its five boroughs. It is also made up of a rich tapestry of different people and is consistently ranked among the best cities for young professionals, millennials, college grads and art lovers.

What is the area of NYC?

Around the size of Los Angeles, New York City is one of the largest megacities in the world, sprawling over 469 square miles.

What major cities are close to NYC?

Both Boston and Washington, DC, are about a 5-hour drive away from New York City.

What is the weather like in New York City?

With an average temperature of 76ºF, July is the hottest month in New York City, while January, the coldest, averages out at around 35ºF. Following four clear seasons, you can expect winters to be cold and wet, with an average of 25” snow per year. With a humidity level of around 72%, summers are typically warm and sunny. The transitional seasons of spring and fall are generally mild, though variable.

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What are the pros of living in NYC?

Bustling with career opportunities, some of the nation’s best universities, vibrant nightlife, outstanding cultural scene and rich in ethnic diversity (over 800 languages are spoken here), New York City has something to offer to everyone.

How expensive is rent in NYC?

Living in a megacity doesn’t come cheap, and New York City is among the most expensive cities in the U.S. Average rents have increased drastically in the last decade.

Are commute times high in NYC?

New York City commute times are far higher than average. Most commuters rely on the public transport system, which is coincidentally the busiest in the Western hemisphere.

New York City Demographic Highlights
Total Population 8,736,047
Female
Male
4,543,807
4,192,240
Median Age 37.3
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How much is a meal in NYC?

The price for a three-course meal for two in a mid-range restaurant in New York City can range between $60 and $130, while the cost of a cappuccino is around $5.

How much are utilities in NYC?

The monthly utility bill for a 915 sq. ft. apartment is $130 on average, and this will include electricity, heating, cooling, water, and garbage disposal. It’s worth noting that the figures are actually lower than the national average of around $160.

How much is public transportation in NYC?

The standard fare for subway and local bus rides is $2.75 for adults. Over half the city’s residents use public transportation to commute to work, so it’s worth buying a reloadable NYC MetroCard for frequent rides.

New York City Rent Statistics
Apartment Rent Ranges
$501 - $7000%
$701 - $1,0000.01%
$1,001 - $1,5000.85%
$1,501 - $2,0004.53%
> $200094.6%
Average Rent Trends
What is the average rent in New York City?

The average rent for an apartment in New York City is $4,392 per month.

What is the average apartment size in New York City?

The average apartment size in New York City is 711 sq. ft.

What is the rent for a studio apartment in New York City?

Rent for a studio apartment in New York City ranges between $40 and $35,750 per month.

What is the rent for a 1-bedroom apartment in New York City?

Rent for a 1-bedroom apartment in New York City ranges between $350 and $49,500 per month.

What is the rent for a 2-bedroom apartment in New York City?

Rent for a 2-bedroom apartment in New York City ranges between $839 and $50,500 per month.

What is the rent for a 3-bedroom apartment in New York City?

Rent for a 3-bedroom apartment in New York City ranges between $1,215 and $140,000 per month.

New York City Housing Statistics
Occupied Housing Units 3,250,657
Owner occupied 33.16%
Renter occupied 66.84%
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Where to work in NYC?

Midtown Manhattan enjoys a global reputation not just for its iconic skyline but also for being the largest central business district in the world, with several media and print journalism companies based here. The New York Stock Exchange also marks the city as a global financial hub. With over 62 million visiting The Big Apple in 2019, the tourism and hospitality industries are also flourishing. The city is hot on California’s heels when it comes to becoming the Silicon Valley of the east, and it’s also a popular spot for young professionals and startups.

Who are the largest employers in NYC?

New York’s large population means that all five of the city’s top employers come from the public sector; the NYC Department of Education, the Metropolitan Transportation Authority, the City of New York, the New York Health and Hospitals system and the U.S. federal government. Citigroup and JP Morgan Chase are the top employers within the metro area in terms of privatized companies.

New York City Employment Statistics
White Collar 3,551,425
Blue Collar 612,948
White Collar 85.28%
Blue Collar 14.72%
Self Employment 414,868
Private Companies 2,733,724
Governmental Workers 569,794
Not for Profit Companies 445,987
Self Employment 9.96%
Private Companies 65.65%
Governmental Workers 13.68%
Not for Profit Companies 10.71%
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Are public schools in NYC good?

Serving over 1 million students, the New York City Department of Education is the world’s biggest public school system. It serves more than 1 million students, with the government spending almost $20,000 per student per year. This is more than any other state.

What types of schools are there in NYC?

Schools of all shapes and sizes can be found in NYC, including public, private, public charter, all accepting students from grades K through 12. In terms of high schools, NYC is home to 9 top-rated and highly competitive specialized schools that cater to artistically and academically gifted students.

What are the top colleges in NYC?

With over one hundred colleges and universities accepting 600,000 students, there’s plenty of options available for those pursuing higher education in NYC. Public universities are managed by The City University of New York (CUNY) public university system. It serves over half of the city’s college students, with campuses spread across all five boroughs.

The most notable examples of private universities are New York University, City College of New York and the Ivy League school, Columbia University. In addition, there’s the New York City College of Technology and other niche universities such as the Cooper Union for the Advancement of Science and Art and Parsons The New School for Design. Yeshiva University and Fordham University are also worth noting. The latter is also the oldest Roman Catholic University in the northeast.

New York City Education Statistics
No High School8.13%
Some High School32.03%
Some College15.89%
Associate Degree6.38%
Bachelor Degree22.43%
Graduate Degree15.14%
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What can you do in NYC for free?

It goes without saying that a stroll through Central Park, the most visited park in the U.S., should make the top of your list of free activities in New York City. Within its 843-acres, you’ll find running trails, areas for bird-watching, art and sculpture gardens, a series of summer concerts, the Central Park Zoo, an ice rink and the Tavern on the Green Restaurant. A walk over the famous Brooklyn Bridge grants you fine views over the iconic skyline. Times Square is a premium tourist destination and is a great place to do some shopping.

What sporting events to go to in NYC?

Sports fans are spoiled for choice in New York City. Head to Madison Square Garden to see the New York Rangers play at The Garden, or while you’re there, check out the New York Liberty, catch the Knicks, or even the St. John's University basketball team. Alternatively, head to the Bronx to see the Yankees. For fans of the NFL, the New York Giants and the Jets are just a short trip over to New Jersey.

What family-friendly attractions are there in NYC?

Taking in over 30-million artifacts and a plethora of hands-on exhibits, the American Museum of Natural History will be a hit for kids, big and small. The Statue of Liberty is another must, where you can take in the view from the great lady’s crown or head to the Ellis Island Museum. Next, why not head to the iconic Empire State Building and enjoy the dizzying view from the Top of the Rock Observation Deck.

What couple attractions are there in NYC?

One of the best attractions for couples is The Highline, a former freight railway that has been transformed into an elevated urban park. It offers intimacy and a tranquil retreat from the hubbub of the city.

What cultural and artistic places to go to in NYC?

New York City is jam-packed with culture and art, and you could spend a lifetime trying to take it all in. Some must-see places include the Museum of Modern Art (MOMA), home to a vast array of works that have defined society’s opinion of what art is. For something a little more classic, check out the Metropolitan Museum of Art, which boasts a collection of over 2 million artworks. After that, why not take in a show on Broadway or a ballet at the world-famous New York City Ballet?

What are the best restaurants in NYC?

Whatever your taste, you’ll find your favorite dishes in NYC. The city is home to more Michelin Star-winning restaurants than anywhere else in the U.S. The best restaurants in NYC include the renowned Peter Luger Steakhouse in Williamsburg, which has ranked as the city’s best steakhouse for 32-years, and the exquisite Le Bernardin in Midtown, which specializes in French seafood. For high quality but more affordable, options include the sumptuous Italian style L’Artusi in West Village or the Indian-inspired Graffiti in East Village.

New York City Housing Statistics
Occupied Housing Units 3,250,657
Owner occupied 33.16%
Renter occupied 66.84%

How difficult is it to find rent in NYC?

The first thing to bear in mind is that the housing market is very dynamic, so even if you don’t find something that fits your price range straight away, something is bound to come up eventually. You should, however, plan ahead and consider your options. The city has several schemes in place to help low and moderate-income tenants find affordable housing options. It’s well worth registering with the city housing department to ease your search for a qualifying property.

Are there any pest issues in NYC rentals?

There are some apartments in the city that are prone to issues with bed bugs. So, be sure to check the Bed Bug Registry when seeking an apartment. Always ask for full disclosure of any potential issues with pests before signing a rent agreement, but be aware that landlords are not obliged to disclose prior problems with rodents. The best practice is to either ask upfront, or if you still have concerns, check the log of rodent incidents in the buildings you’re considering by logging on to the city government website.