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

The average size for a Midtown Manhattan, Manhattan, NY apartment is 693 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 Oct / 2025, the average rent in Midtown Manhattan is $5,644 per month, a 12.64% increase from last year’s average of $5,010.

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

In Midtown Manhattan, studios rent for $4,057 per month, one-bedroom units average $5,619 per month, two-bedrooms cost around $7,462 per month, and three-bedroom apartments rent for about $11,034 per month

What is the average apartment size in Midtown Manhattan?

The typical apartment in Midtown Manhattan offers about 693 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 478 sq. ft., one-bedrooms offer 676 sq. ft., two-bedrooms are about 981 sq. ft., and three-bedroom apartments average 1,534 sq. ft.

What are the most expensive neighborhoods in Midtown Manhattan?

The most expensive neighborhoods in Midtown Manhattan are Lincoln Square ($7,422/month), Sutton Place ($7,468/month), and Lenox Hill ($8,794/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 Washington Heights ($2,741/month), Harlem ($3,315/month), and East Harlem ($3,744/month), all below the citywide average of $5,632.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Midtown Manhattan is $5,644, a 12.64% increase compared to the previous year, when the average rent was $5,010.

Studio Apartments at $4,057 offer the most budget-friendly option with 478 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 676 square feet for $5,619, balancing privacy and affordability.

Two-beedroom units at $7,462 offer 981 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,534 sq ft) for $11,034, suitable for larger households.

Average rent in Midtown Manhattan, Manhattan, NY

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$5,644	693 sq. ft.
Studio	$4,057	478 sq. ft.
1 Bed	$5,619	676 sq. ft.
2 Beds	$7,462	981 sq. ft.
3 Beds	$11,034	1,534 sq. ft.

Midtown Manhattan, Manhattan, NY rent trends

Rental prices in Midtown Manhattan, Manhattan, NY have increased by 12.64% over the past year. The average rent moved from $5,010 to $5,644.

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

127,522 or 73% of the households in Midtown Manhattan, Manhattan, NY are renter-occupied while 46,282 or 27% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Midtown Manhattan?

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 Midtown Manhattan?

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 Battery Park City is 4% higher than in Carnegie Hill

$5,787

Battery Park City rent is 3% higher than Manhattan average

Average Rent $5,787

$5,579

Carnegie Hill rent is 1% lower than Manhattan average

Average Rent $5,579

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.