These are the most expensive neighborhoods for renters in NYC

The city center is completely expensive.

Tribeca was the most expensive neighborhood to rent in 2024 with an average rent of $8,295, according to StreetEasy.

Still, Midtown East was the most sought-after neighborhood for renters — even though it didn’t make the top ten most expensive list.

After Tribeca, SoHo ($6,100) and Flatiron ($5,900) rounded out the list of the three most expensive neighborhoods for those looking to rent in Gotham.

Brooklyn was then ranked no. 4 with asking prices in Dumbo coming in around $5,750.

And beyond wanting to live in Manhattan above any other borough, New Yorkers—and aspiring New Yorkers—were looking for certain amenities.

Renters looking for an apartment in the Big Apple were hoping to find a place with in-unit laundry, a dishwasher, pet-friendly spaces, laundry in the building (if the first one didn’t work), and an elevator, in it. order – wouldn’t that be nice?

But what amenities are buildings actually adding to their listings?

“Pets Allowed” saw a 200% year-over-year increase in search volume among rental listings, “outdoor space” grew by 128% and “pool” grew by 61%.

These new additions will likely take place over the bridge in Brooklyn.

Dumbo had the largest increase in rental inventory in 2024 growing by 82%.

The Bronx did well with Mott Haven jumping 63% now offering 2,653 rentals.

But Brooklyn continued to have the biggest expansion with Greenpoint growing 36%, East Flatbush 32% and Prospect Lefferts Gardens developing 25%.

Despite the growth, finding an apartment in the city is as difficult as ever, with eager renters vying to secure every space – much less affordable.

In August 2024, the median asking rent for apartments in Manhattan, Queens, the Bronx and Brooklyn was $3,425 — an increase of $76 from a year earlier.

The Big Apple’s median rent price is nearly double the national average of $1,753; it’s one of the only big cities where rents are still rising, except in a few neighborhoods.

A survey by StreetEasy found that house hunters looking for a new lease to sign may want to check out Prospect Lefferts Gardens in Brooklyn.

There, the median asking rent in October hit $2,850, marking a 5% year-over-year decline — the biggest annual drop reported citywide in the report.

So here’s to hoping you’re one of the lucky few already locked into a good lease.