Greenwich Village, Manhattan, NY Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Greenwich Village is $6,149, a 17.23% increase compared to the previous year, when the average rent was $5,245.
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 $7,824 offer 925 square feet, perfect for roommates or small families.
Average rent in Greenwich Village, Manhattan, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $6,149 | 702 sq. ft. |
| Studio | $4,633 | 463 sq. ft. |
| 1 Bed | $6,872 | 792 sq. ft. |
| 2 Beds | $7,824 | 925 sq. ft. |
| 3 Beds | n/a | n/a |
Greenwich Village, Manhattan, NY rent trends
Rental prices in Greenwich Village, Manhattan, NY have increased by 17.23% over the past year. The average rent moved from $5,245 to $6,149.
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
Harlem $3,315/month
East Harlem $3,744/month
All of these neighborhoods fall below the city wide average of $5,632/month.Most expensive neighborhoods in Greenwich Village?
Lincoln Square $7,422/month
Sutton Place $7,468/month
Lenox Hill $8,794/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Manhattan, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lenox Hill | $8,794 |
| Sutton Place | $7,468 |
| Lincoln Square | $7,422 |
| TriBeCa | $6,506 |
| NoHo | $6,410 |
| Yorkville | $6,284 |
| Greenwich Village | $6,149 |
| Chelsea | $6,087 |
| NoMad | $6,083 |
| Murray Hill | $6,078 |
| Upper West Side | $6,048 |
| Kips Bay | $5,914 |
| Lower East Side | $5,865 |
| Flatiron District | $5,836 |
| Battery Park City | $5,787 |
| Manhattan Valley | $5,779 |
| Carnegie Hill | $5,579 |
| West Village | $5,493 |
| Clinton - Hell's Kitchen | $5,325 |
| Financial District | $5,288 |
| Gramercy Park | $5,204 |
| East Village | $5,203 |
| Theatre District - Times Square | $5,067 |
| Central Midtown | $4,909 |
| Turtle Bay | $4,835 |
| Garment District | $4,745 |
| East Harlem | $3,744 |
| Harlem | $3,315 |
| Washington Heights | $2,741 |
Manhattan | Rent Comparison by Neighborhood
Rent in Greenwich Village is 6% higher than in Battery Park City
Greenwich Village rent is the same as Manhattan average
Battery Park City rent is 6% 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.