Roosevelt Island, Manhattan, NY Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Roosevelt Island is $4,267, a 4.99% increase compared to the previous year, when the average rent was $4,065.
Studio Apartments at $3,467 offer the most budget-friendly option with 521 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 718 square feet for $3,768, balancing privacy and affordability.
Two-beedroom units at $4,273 offer 959 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,579 sq ft) for $7,240, suitable for larger households.
Average rent in Roosevelt Island, Manhattan, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,267 | 820 sq. ft. |
| Studio | $3,467 | 521 sq. ft. |
| 1 Bed | $3,768 | 718 sq. ft. |
| 2 Beds | $4,273 | 959 sq. ft. |
| 3 Beds | $7,240 | 1,579 sq. ft. |
Roosevelt Island, Manhattan, NY rent trends
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.
What's the typical rent budget in Roosevelt Island, Manhattan, NY?
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.
Do most people rent or own in Roosevelt Island, Manhattan, NY?
3,785 or 79% of the households in Roosevelt Island, Manhattan, NY are renter-occupied while 996 or 21% are owner-occupied.
Most affordable neighborhoods in Roosevelt Island?
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 Roosevelt Island?
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 Roosevelt Island is 26% lower than in Battery Park City
Roosevelt Island rent is the same as Manhattan average
Battery Park City rent is 36% higher 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 Roosevelt Island 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.