Greenwich 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 Greenwich Village is $6,554, a 23.17% increase compared to the previous year, when the average rent was $5,321.
Studio Apartments at $4,633 offer the most budget-friendly option with 463 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 792 square feet for $6,872, balancing privacy and affordability.
Two-beedroom units at $8,286 offer 918 square feet, perfect for roommates or small families.
Average rent in Greenwich Village, Manhattan, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $6,554 | 719 sq. ft. |
| Studio | $4,633 | 463 sq. ft. |
| 1 Bed | $6,872 | 792 sq. ft. |
| 2 Beds | $8,286 | 918 sq. ft. |
| 3 Beds | n/a | n/a |
Greenwich Village, Manhattan, NY rent trends
Rental prices in Greenwich Village, Manhattan, NY have increased by 23.17% over the past year. The average rent moved from $5,321 to $6,554.
Do most people rent or own in Greenwich Village, Manhattan, NY?
10,830 or 69% of the households in Greenwich Village, Manhattan, NY are renter-occupied while 4,904 or 31% are owner-occupied.
Most affordable neighborhoods in Greenwich 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 Greenwich 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 |
Manhattan | Rent Comparison by Neighborhood
Rent in Greenwich Village is 13% higher than in Battery Park City
Greenwich Village rent is the same as Manhattan average
Battery Park City rent is 12% lower than Manhattan average
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 Greenwich 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.