What is the average apartment size in Midtown Manhattan, Manhattan, NY?

The average size for a Midtown Manhattan, Manhattan, NY apartment is 725 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Midtown Manhattan?

As of Apr / 2026, the average rent in Midtown Manhattan is $5,646 per month, a 3.44% increase from last years average of $5,458.

How much does rent cost by apartment size in Midtown Manhattan?

In Midtown Manhattan, studios rent for $4,242 per month, one-bedroom units average $5,498 per month, two-bedrooms cost around $7,667 per month, and three-bedroom apartments rent for about $8,911 per month

What is the average apartment size in Midtown Manhattan?

The typical apartment in Midtown Manhattan offers about 725 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Midtown Manhattan?

Studio apartments in Midtown Manhattan average 489 sq. ft., one-bedrooms offer 713 sq. ft., two-bedrooms are about 1,029 sq. ft., and three-bedroom apartments average 1,165 sq. ft.

What are the most expensive neighborhoods in Midtown Manhattan?

The most expensive neighborhoods in Midtown Manhattan are NoMad ($6,692/month), NoLIta ($6,954/month), and Flatiron District ($7,093/month), often due to premium locations and high-end amenities.

Midtown Manhattan, Manhattan, NY Rental Market Trends

Q: Do most people rent or own in Midtown Manhattan?

In Midtown Manhattan, 73% of households rent while 27% own their homes, based on the latest U.S. Census data.

Q: What are the most affordable neighborhoods in Midtown Manhattan?

The most affordable neighborhoods in Midtown Manhattan include Harlem ($2,050/month), Washington Heights ($3,211/month), and East Harlem ($3,757/month), all below the citywide average of $5,324.

Last updated: May 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Midtown Manhattan is $5,646, a 3.44% increase compared to the previous year, when the average rent was $5,458.

Studio Apartments at $4,242 offer the most budget-friendly option with 489 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 713 square feet for $5,498, balancing privacy and affordability.

Two-beedroom units at $7,667 offer 1,029 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,165 sq ft) for $8,911, suitable for larger households.

Average rent in Midtown Manhattan, Manhattan, NY

Last updated: May 12, 2026

	Average Rent	Average Apartment Size
All Rentals	$5,646	725 sq. ft.
Studio	$4,242	489 sq. ft.
1 Bed	$5,498	713 sq. ft.
2 Beds	$7,667	1,029 sq. ft.
3 Beds	$8,911	1,165 sq. ft.

Midtown Manhattan, Manhattan, NY rent trends

Rental prices in Midtown Manhattan, Manhattan, NY have increased by 3.44% over the past year. The average rent moved from $5,458 to $5,646.

Do most people rent or own in Midtown Manhattan, Manhattan, NY?

126,891 or 73% of the households in Midtown Manhattan, Manhattan, NY are renter-occupied while 46,623 or 27% are owner-occupied.

Most affordable neighborhoods in Midtown Manhattan?

Harlem $2,050/month

Washington Heights $3,211/month

East Harlem $3,757/month

All of these neighborhoods fall below the city wide average of $5,324/month.

Most expensive neighborhoods in Midtown Manhattan?

NoMad $6,692/month

NoLIta $6,954/month

Flatiron District $7,093/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Manhattan, NY By Neighborhood

Neighborhood	Average Rent
Flatiron District	$7,093
NoLIta	$6,954
NoMad	$6,692
TriBeCa	$6,506
NoHo	$6,410
Lincoln Square	$6,351
Lower East Side	$6,301
Sutton Place	$6,199
Central Midtown	$6,045
Chelsea	$5,934
Lenox Hill	$5,773
Kips Bay	$5,772
Financial District	$5,707
East Village	$5,606
Turtle Bay	$5,597
Murray Hill	$5,457
West Village	$5,422
Clinton - Hell's Kitchen	$5,384
Manhattan Valley	$5,364
Theatre District - Times Square	$5,322
Carnegie Hill	$5,256
Greenwich Village	$5,100
Yorkville	$5,079
Garment District	$4,745
Civic Center	$4,639
Upper West Side	$4,383
Morningside Heights	$4,377
Gramercy Park	$4,158
East Harlem	$3,757
Washington Heights	$3,211
Harlem	$2,050

Manhattan | Rent Comparison by Neighborhood

Rent in Carnegie Hill is 13% lower than in Central Midtown

$5,256

Carnegie Hill rent is 7% lower than Manhattan average

Average Rent $5,256

$6,045

Central Midtown rent is 7% higher than Manhattan average

Average Rent $6,045

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 Midtown Manhattan 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.