Upper East Side renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Upper East Side is about $2,484 per month. This puts it in the 92nd percentile compared to the city average cost of rent, which is $1,994. Households in Upper East Side have a median income of $12,467 per month so the average renter in Upper East Side is spending roughly 20% of their earnings on housing.
Nationally, and in Upper East Side, home values are the data point most closely correlated with the cost of rent. The median price of a home in Upper East Side is $1,324,451 right now, which is higher than nearby neighborhoods, meaning that rents in Upper East Side also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Upper East Side while lower rent rates are often available in western areas.
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