East Village, Manhattan, NY Rental Market Trends
Last updated: February 26, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in East Village is $6,028, a 7.7% increase compared to the previous year, when the average rent was $5,597.
Studio Apartments at $3,984 offer the most budget-friendly option with 404 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 665 square feet for $6,080, balancing privacy and affordability.
Two-beedroom units at $8,795 offer 982 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,186 sq ft) for $7,386, suitable for larger households.
Average rent in East Village, Manhattan, NY
Last updated: February 26, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $6,028 | 653 sq. ft. |
| Studio | $3,984 | 404 sq. ft. |
| 1 Bed | $6,080 | 665 sq. ft. |
| 2 Beds | $8,795 | 982 sq. ft. |
| 3 Beds | $7,386 | 1,186 sq. ft. |
East Village, Manhattan, NY rent trends
Rental prices in East Village, Manhattan, NY have increased by 7.7% over the past year. The average rent moved from $5,597 to $6,028.
What's the typical rent budget in East Village, Manhattan, NY?
The largest share of rentals in East Village, Manhattan, NY (87%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in East Village, Manhattan, NY?
26,871 or 83% of the households in East Village, Manhattan, NY are renter-occupied while 5,546 or 17% are owner-occupied.
Most affordable neighborhoods in East Village?
Washington Heights $2,741/month
Inwood $2,815/month
Harlem $3,315/month
All of these neighborhoods fall below the city wide average of $5,524/month.Most expensive neighborhoods in East Village?
Sutton Place $6,590/month
Carnegie Hill $7,049/month
Lincoln Square $7,834/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Manhattan, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lincoln Square | $7,834 |
| Carnegie Hill | $7,049 |
| Sutton Place | $6,590 |
| Greenwich Village | $6,554 |
| TriBeCa | $6,506 |
| Lenox Hill | $6,471 |
| NoHo | $6,410 |
| NoMad | $6,403 |
| West Village | $6,200 |
| East Village | $6,028 |
| Yorkville | $5,929 |
| Flatiron District | $5,836 |
| Battery Park City | $5,787 |
| Lower East Side | $5,778 |
| Financial District | $5,667 |
| Gramercy Park | $5,605 |
| Manhattan Valley | $5,499 |
| Central Midtown | $5,412 |
| Chelsea | $5,407 |
| Upper West Side | $5,361 |
| Kips Bay | $5,311 |
| Murray Hill | $5,231 |
| Theatre District - Times Square | $5,178 |
| Clinton - Hell's Kitchen | $5,048 |
| Turtle Bay | $5,003 |
| Central Park South | $4,807 |
| Garment District | $4,745 |
| Koreatown | $4,673 |
| Roosevelt Island | $4,267 |
| East Harlem | $4,028 |
| Harlem | $3,315 |
| Inwood | $2,815 |
| Washington Heights | $2,741 |
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Manhattan | Rent Comparison by Neighborhood
Rent in East Village is 4% higher than in Battery Park City
$6,028
East Village rent is the same as Manhattan average
Average Rent
$6,028
$5,787
Battery Park City rent is 4% lower than Manhattan average
Average Rent
$5,787
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all East Village apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.