Rental prices in Roosevelt Island, Manhattan, NY have increased by 4.99% over the past year. The average rent moved from $4,065 to $4,267.
Check out the average rent in Manhattan.
The national average price of rental apartments is $1,741, while the average monthly rent in Roosevelt Island, Manhattan, NY is $4,267.
The average monthly rent for an apartment in Roosevelt Island, Manhattan, NY is around $4,267.
A share of 8% of apartments in Roosevelt Island, Manhattan, NY have the cheapest rents between $2,501-$3,000. Around 92% of Roosevelt Island's apartments have monthly rents between > $3,000.
The largest share of rentals in Roosevelt Island, Manhattan, NY (92%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Roosevelt Island, Manhattan, NY is $3,904.
In Roosevelt Island 79% of the housing is rented out compared to 21% of homes are owned, according to the most recent Census Bureau estimates. 94% of Roosevelt Island's apartments are found in large buildings of 50 units or more, 6% are located in smaller apartment complexes with less than 50 units, and none are single-family rentals.
Roosevelt Island, a neighborhood located on the East River of New York City, offers a calm atmosphere with green space and waterfront views in abundance. Renting on Roosevelt Island can be a great experience for professionals who are looking for a more affordable, convenient and unique lifestyle in the heart of New York City. While apartments for rent in Roosevelt Island may not be the best spot for thrill-seekers, it's perfect for renters seeking a quiet place to recharge after commuting to busy areas, like nearby Manhattan. Here, the Community School District 2 serves renters with Roosevelt Island School (preschool through 8th grade), the Roosevelt Island Youth Center (K-8), the Child School Middle School and Vanguard High School. To the north, Roosevelt Island renters have Coler Hospital, while New York Presbyterian/Weill Cornell Medical Center is across the Ed Koch Queensboro Bridge.
Roosevelt Island apartment rentals are best characterized by modern, high-rise buildings with large windows and balconies overlooking Manhattan across the East River. Specifically, the Octagon Apartments for rent at 888 Main St. and the Riverpoint Luxury Apartments for rent at 486 Main St. are two fine examples. However, options range from luxury, high-rise apartments to more affordable, low-rise apartment rentals and houses. Additionally, the houses for rent in Roosevelt Island have one to three bedrooms, on average, and range from contemporary and modern designs to historic architecture. There are also townhouses for rent in Roosevelt Island that have one to three bedrooms and are up to three stories tall, often with gabled roofs or rooftop patios and charming brick facades. Many Roosevelt Island renters are also within walking distance of the art galleries on Fifth Avenue, as well as the Central Park Zoo.
In total, Roosevelt Island, Manhattan, NY has 11,147 residents, 5,980 women and 5,167 men, per U.S. Census recent estimates. Statistics show that the median age of Roosevelt Island’s population is 39.
Rentals on the northern end of Roosevelt Island are near Lighthouse Park - which is named after the 50-foot-tall, historic Blackwell Island Lighthouse - as well as Octagon Tennis Courts and Octagon Dog Run (a dog park by the hospital). To the south, Franklin D. Roosevelt Four Freedoms Park is where renters attend live performances, film screenings, festivals, concerts and other assemblies. Meanwhile, the best views of Manhattan and Queens are found at Southpoint Park to the northeast. And, close to the bridge is an indoor pool called Sportspark that offers swimming lessons. Or, the Roosevelt Island Library - established in 2021 - has children's areas, a community room and computer services, while the Carter Burden Roosevelt Island Senior Center keeps older renters connected. Otherwise, when renting in Roosevelt Island, grocery options include Whole Foods Market, Target Grocery, independent grocers and a farmers' market.
There is a total of 4,781 households in Roosevelt Island, Manhattan, NY. Of these, 1,199 have children and 3,583 are without children. Per Census Bureau’s most current estimates, 2,541 family households and 2,240 non-family households live in this area. The size of a household in Roosevelt Island is 1.97 people, on average. The median household annual income in Roosevelt Island equals $106,146, and the monthly housing costs equal $3,225.
For a spectacular aerial view of the city, renters take the Roosevelt Island Tramway at Tramway Plaza to Manhattan's 59th Street and Second Avenue. Or, the Jackson Heights-Roosevelt Avenue subway station connects Roosevelt Island renters to Queens and Manhattan with the F-Line. The NYC Ferry also picks up renters across East River to East 34th Street in Manhattan. Alternatively, the Roosevelt Island Red Bus takes renters on a loop around the neighborhood, stopping at The Octagon apartment rentals, Manhattan Park, Southpoint Park, Cornell Tech, and the Youth Center and Senior Center. And, the Shopper's Red Bus for the elderly is a short route that departs from the Senior Center twice a week. Finally, the closest major airport when renting in Roosevelt Island is John F. Kennedy International Airport (15 miles southeast).
According to data from the U.S. Census Bureau, 3% of the population in Roosevelt Island, Manhattan, NY have no high school education, 15% went to high-school, and 9% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 27% hold a Bachelor Degree, and 42% hold a Graduate Degree.
