One-Bedroom Apartments for Rent in New York City
One-bedroom apartments are the most popular in New York City, and therefore they can be more expensive than expected. Many young people or couples move to NYC and want to avoid living with roommates, so they only look for one-bedroom apartments. Because of their high demand, there’s limited inventory and the apartments that are seeking renters are doing so at a high price.
You can find one-bedroom apartments in practically every corner of New York City, but certain areas, like Midtown Manhattan, the Financial District, and DUMBO have much pricier real estate. The average one-bedroom apartment in NYC is $4,200 a month. Keep in mind this is just the average and there are plenty of cheaper apartments throughout the city.
Roommates can be convenient and cost-effective, but can be difficult to live with. It is so much easier to have your own space that you don’t have to share with a stranger. If a one-bedroom apartment is important to you, do your research and find a place that is compatible with your budget.
Price of a One-Bedroom Apartment in NYC
New York City is an expensive city, but is by far the most energetic and lively city in the United States. Tons of industries and schools attract residents to NYC, many of whom seek out one-bedroom apartments, making them the most sought-after – and expensive – type of housing in the entire city. So, let’s look at some of the typical characteristics of a one-bedroom apartment in New York City:
Size: one-bedroom apartments usually start at about 120-150 square feet. Luxury apartments might have a size of about 200 square feet or more, but this comes at a high price.
Type of Furniture: the average apartment in NYC comes unfurnished, though you can find places that are partially or fully furnished. Typically, furniture that is included in the apartment will have a slightly higher rent price. Most apartments in NYC come with some type of kitchen and bathroom appliances.
Outdoor Spaces: if you have an apartment with some type of outdoor space, like private rooftop access or a balcony, the price of the apartment will usually be higher.
Location: there are certain neighborhoods in NYC that are expensive, for a variety of reasons. Some of these include Midtown Manhattan, Downtown Manhattan, the Upper East Side, and Northern Brooklyn.
Pet-Friendliness: not all buildings in NYC permit pets. The ones that are accommodating pets usually do so at a fee to the tenant. You’ll also be responsible for any damage, like scratched floors or doors.
Additional Amenities: certain buildings in NYC have additional amenities that are reflected in a pricier unit. These include gyms, swimming pools, rooftop terraces, co-working spaces, and more!
The average monthly rent for a one-bedroom apartment in New York City is $4,200. This is the average, so there are plenty of one-bedroom apartments that cost much less – and much more – than this. There are definitely neighborhoods in the city that are affordable for those of all budgets. You’ll just have to find them. Keep in mind that monthly rent does not include the price of utilities. Those are typically a few extra hundred dollars on top of rent in New York City.
Budgeting Your Move to New York City
New York City is the most expensive city in the United States and has one of the most complicated and confusing real estate markets. Moving to NYC for the first time can be difficult and stressful, so we’ve stepped in to simplify the process and empower the renter with up-to-date information on the market.
Here’s a breakdown of, on average, how much it costs to live in NYC (depending on size of apartment):
Studio: $2,500/month
One-Bedroom Apartment: $4,200/month
Two-Bedroom Apartment: $5,300/month
Three-Bedroom Apartment: $6,000/month
If you’re planning a move to New York City, it’s crucial you research real estate thoroughly. Below are a list of things to keep an eye out for when browsing apartments:
Type of Property: studio, one-three bedroom apartments
Proximity to Public Transportation
Proximity to Business Centers/Employers
Proximity to Attractions
Proximity to Shopping Centers
Utilities and Furnishing: the more amenities provided by the building, the more expensive the apartment is likely to be
Wifi/Cable/Broadband Internet
Additional Amenities: gyms, parking, laundry, co-working spaces, swimming pools, etc.
Pet- and Children-Friendly Housing
Why Choose 3DApartment?
Locating a great rental home in the tri-state area can be time-consuming, even for those with experience buying and selling property. There are thousands of incredible properties on the market currently, but finding the perfect one requires the perfect search.
As seasoned experts in the real estate industry, we understand the market and how to navigate it. Our knowledge can be utilized by you to find the best property possible.
We’re locals! We’re experts on every neighborhood in the tri-state area
Large collection of properties featured on our website
High-quality service
Competitive prices
Fast, accurate and correct
Excellent customer service
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At 3DApartment, we guarantee an excellent experience. The happiness of our customers is our top priority. We’ll help you land the perfect place quickly and easily.
We analyze the unique criteria presented by each client and will find the apartment that meets all your requirements. Whether it’s temporary or long-term housing, we want it to feel like home.