Apartments Under $800 in New York, NY

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Apartments Under $800 in New York, NY

Search and browse 49565 apartments under $800 available for rent in New York, NY. With apartments that span the entire city, you will find an apartment in New York for just the right price. During your search, sort your favorite apartments under $800 by one of our listed amenities — covered parking, in-unit washer and dryer, a rooftop pool, a modern fitness center, an updated kitchen, energy efficient appliances, smart technology, online leasing, payments, and more. Want to tour a property? Schedule a tour online and you’ll be moving in to your new New York apartment before you know it.

New York:
October Rent Report

Welcome to the October 2020 New York Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the October 2020 key findings and figures for the New York rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New York and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New York rent prices in the chart below.

Monthly Rent Report

New York Rent Prices Decrease From September to October

New York rent prices decreased over the last month. From September to October, the city experienced a -1.11% decrease for the price of a one-bedroom apartment. The rent price for a New York one-bedroom apartments currently stands at $3,117.0.

When we take a look at the two-bedroom comparison from September to October, New York experienced a -1.01% decrease for the price of a two-bedroom apartment. The rent price for a New York two-bedroom apartments currently stands at $3,915.0.

October Prices: New York vs. Surrounding Areas

Rent Prices in New York and Surrounding Areas

Rent prices have decreased in New York over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the New York suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Jersey City, NJ, Bronxville, NY, East Orange, NJ, Yonkers, NY, Newark, NJ .

  • Rent decreased in Hoboken, NJ.

  • 6 suburbs are currently priced lower than the city of New York.

October 2020 Pricing Trends: New York vs. National Comparisons

New York Rent Prices More Affordable Than Major Cities

Rent growth in New York over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, New York rent prices appear to be relatively affordable for local residents.

The price for a New York one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's October 2020 National Apartment Report and data set here.

For more information about New York and surrounding area rent prices, take a look at the complete data set below.

Data set for New York and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
New York, NY $3,152.0 -0.88% $3,955.0 -0.90%
Jersey City, NJ $2,844.0 2.89% $3,041.0 2.46%
Bronxville, NY $1,580.0 0.83% $1,906.0 0.21%
East Orange, NJ $1,393.0 9.34% $1,625.0 4.30%
Hoboken, NJ $2,842.0 -2.07% $3,469.0 -0.17%
Yonkers, NY $1,952.0 3.94% $2,026.0 0.20%
Newark, NJ $1,218.0 10.73% $1,455.0 9.65%


Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.