Inwood, Manhattan, New York City, NY Rental Market Trends
Last updated: April 14, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Inwood is $2,815, a 6.35% increase compared to the previous year, when the average rent was $2,647.
Studio Apartments at $2,376 offer the most budget-friendly option with 412 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 727 square feet for $2,469, balancing privacy and affordability.
Two-beedroom units at $3,652 offer 780 square feet, perfect for roommates or small families.
Average rent in Inwood, Manhattan, New York City, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,815 | 620 sq. ft. |
| Studio | $2,376 | 412 sq. ft. |
| 1 Bed | $2,469 | 727 sq. ft. |
| 2 Beds | $3,652 | 780 sq. ft. |
| 3 Beds | n/a | n/a |
Inwood, Manhattan, New York City, NY rent trends
Rental prices in Inwood, Manhattan, New York City, NY have increased by 6.35% over the past year. The average rent moved from $2,647 to $2,815.
What's the typical rent budget in Inwood, Manhattan, New York City, NY?
The largest share of rentals in Inwood, Manhattan, New York City, NY (65%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Inwood, Manhattan, New York City, NY?
10,184 or 88% of the households in Inwood, Manhattan, New York City, NY are renter-occupied while 1,341 or 12% are owner-occupied.
Most affordable neighborhoods in Inwood?
Washington Heights $2,741/month
Inwood $2,815/month
Harlem $3,315/month
All of these neighborhoods fall below the city wide average of $5,501/month.Most expensive neighborhoods in Inwood?
Sutton Place $6,609/month
Lincoln Square $6,694/month
Central Park South $7,263/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Manhattan, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Central Park South | $7,263 |
| Lincoln Square | $6,694 |
| Sutton Place | $6,609 |
| TriBeCa | $6,506 |
| NoHo | $6,410 |
| Carnegie Hill | $6,334 |
| NoMad | $6,264 |
| East Village | $6,111 |
| Lenox Hill | $6,032 |
| Central Midtown | $6,005 |
| Chelsea | $5,856 |
| Flatiron District | $5,836 |
| Turtle Bay | $5,579 |
| Murray Hill | $5,516 |
| Financial District | $5,500 |
| West Village | $5,408 |
| Theatre District - Times Square | $5,388 |
| Manhattan Valley | $5,378 |
| Clinton - Hell's Kitchen | $5,323 |
| Kips Bay | $5,311 |
| Yorkville | $5,128 |
| Upper West Side | $5,106 |
| Lower East Side | $4,999 |
| Battery Park City | $4,979 |
| Roosevelt Island | $4,952 |
| Garment District | $4,745 |
| Koreatown | $4,673 |
| Gramercy Park | $4,640 |
| Greenwich Village | $4,506 |
| East Harlem | $3,714 |
| Harlem | $3,315 |
| Inwood | $2,815 |
| Washington Heights | $2,741 |
Manhattan | Rent Comparison by Neighborhood
Rent in Inwood is 43% lower than in Battery Park City
Inwood rent is the same as Manhattan average
Battery Park City rent is 77% 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 Inwood 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.