Roosevelt Island, Manhattan, NY Rental Market Trends
Last updated: June 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Roosevelt Island is $4,829, a 12.44% increase compared to the previous year, when the average rent was $4,295.
One-bedroom apartments provide 718 square feet for $4,385, 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 | $4,829 | 838 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $4,385 | 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 12.44% over the past year. The average rent moved from $4,295 to $4,829.
Do most people rent or own in Roosevelt Island, Manhattan, NY?
3,901 or 81% of the households in Roosevelt Island, Manhattan, NY are renter-occupied while 907 or 19% are owner-occupied.
Most affordable neighborhoods in Roosevelt Island?
Marble Hill $1,895/month
Inwood $2,276/month
Harlem $2,473/month
All of these neighborhoods fall below the city wide average of $5,345/month.Most expensive neighborhoods in Roosevelt Island?
Sutton Place $6,620/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 |
| Sutton Place | $6,620 |
| TriBeCa | $6,506 |
| NoMad | $6,452 |
| NoHo | $6,410 |
| Central Midtown | $6,191 |
| Lincoln Square | $5,996 |
| Lower East Side | $5,970 |
| Financial District | $5,957 |
| Chelsea | $5,938 |
| Battery Park City | $5,819 |
| East Village | $5,779 |
| Kips Bay | $5,755 |
| Turtle Bay | $5,596 |
| Murray Hill | $5,575 |
| Manhattan Valley | $5,546 |
| Theatre District - Times Square | $5,417 |
| West Village | $5,381 |
| Carnegie Hill | $5,256 |
| Clinton - Hell's Kitchen | $5,221 |
| Greenwich Village | $5,167 |
| Lenox Hill | $5,114 |
| Yorkville | $5,088 |
| Upper West Side | $4,933 |
| Roosevelt Island | $4,829 |
| Garment District | $4,745 |
| Civic Center | $4,639 |
| Morningside Heights | $4,377 |
| Gramercy Park | $4,158 |
| East Harlem | $3,920 |
| Washington Heights | $3,211 |
| Harlem | $2,473 |
| Inwood | $2,276 |
| Marble Hill | $1,895 |
Manhattan | Rent Comparison by Neighborhood
Rent in Roosevelt Island is 17% lower than in Battery Park City
Roosevelt Island rent is the same as Manhattan average
Battery Park City rent is 21% 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.