Roosevelt Island, Manhattan, NY Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Roosevelt Island is $4,774, a 12.82% increase compared to the previous year, when the average rent was $4,232.
One-bedroom apartments provide 718 square feet for $4,286, balancing privacy and affordability.
Two-beedroom units at $5,273 offer 958 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,127 sq ft) for $4,975, suitable for larger households.
Average rent in Roosevelt Island, Manhattan, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,774 | 838 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $4,286 | 718 sq. ft. |
| 2 Beds | $5,273 | 958 sq. ft. |
| 3 Beds | $4,975 | 1,127 sq. ft. |
Roosevelt Island, Manhattan, NY rent trends
Rental prices in Roosevelt Island, Manhattan, NY have increased by 12.82% over the past year. The average rent moved from $4,232 to $4,774.
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?
Marble Hill $1,895/month
Harlem $2,050/month
Inwood $2,276/month
All of these neighborhoods fall below the city wide average of $5,324/month.Most expensive neighborhoods in Roosevelt Island?
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 |
| Battery Park City | $5,841 |
| 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 |
| Inwood | $2,276 |
| Harlem | $2,050 |
| Marble Hill | $1,895 |
Manhattan | Rent Comparison by Neighborhood
Rent in Battery Park City is 11% higher than in Carnegie Hill
Battery Park City rent is 22% higher than Manhattan average
Carnegie Hill rent is 10% 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.