Originally posted on April 17, 2017 12:00 pm

Updated on May 23, 2017 8:19 pm

Next Stop – Lower Rent Prices

New York’s MTA subway system is an essential part of many New Yorkers’ lives. With as many as 5.7 million riders each weekday, it truly is the backbone of the city. It should be no surprise then, that it is one of the first things that people consider when looking to rent an apartment. Close proximity to the right trains means shorter commutes and more time spent doing what you love. RentHop’s data scientists love maps and rental data, so we’ve mapped out rental prices by subway stop to assist in your apartment hunting endeavors.

Major subway hubs like Union Square, Times Square, and Atlantic Ave/Barclay’s Center give nearby residents flexibility and convenience when traveling or commuting to different places. They also make it easy to get home from anywhere or to have people over. It’s no wonder strategically placed subways stops ranked among the most expensive stops on the RentHop subway rent map.

One Bedroom Rent Prices For Major NYC Subway Hubs

Union Square 14 th St (4,5,6,L,N,Q,R,W Trains) – $5,265 (+9.1% YoY)

(4,5,6,L,N,Q,R,W Trains) – (+9.1% YoY) Times Square 42 nd St (1,2,3,7,N,Q,R,S,W Trains) – $3,468 (-3.7% YoY)

(1,2,3,7,N,Q,R,S,W Trains) – (-3.7% YoY) West 4th St (A,B,C,D,E,F,M Trains) – $3,395 (-15.1% YoY)

(A,B,C,D,E,F,M Trains) – (-15.1% YoY) Herald Square 34 th St (B,D,F,M,N,Q,R,W Trains) – $3,350 (+3.1% YoY)

(B,D,F,M,N,Q,R,W Trains) – (+3.1% YoY) Fulton St (A,C,J,Z,2,3,4,5 Trains) – $3,346 (-0.2% YoY)

(A,C,J,Z,2,3,4,5 Trains) – (-0.2% YoY) Atlantic Ave – Barclay’s Center (2,3,4,5,B,D,N,R,Q) – $3,040 (+13.4% YoY)

(2,3,4,5,B,D,N,R,Q) – (+13.4% YoY) Broadway Junction (A,C,J,L,Z) – $2,035 (+16.3% YoY)

The Interactive Map Below Shows All Rents, Stops, and YoY Price Fluctuations

Get the code to embed this map!







In order to calculate the median rent for the map above, we used our RentHop rental data for one bedroom apartments from the first quarter of 2016 & 2017 and GIS data for subway stops compiled by CUNY – Baruch College. To get accurate prices near the subway stops, we looked first at non-duplicated listings within one eighth of a mile (660 feet) of a subway stop and if there were at least 50 unique data points we calculated the median. If not, the radius from the subway stop was increased and the data was resampled to ensure enough unique listings were used when calculating the median. Also check out the still map at the bottom for a quick snapshot of the data and easy sharing.

Where Does the Train of Rising Rents Stop?

This year, we’ve seen rents dropping across most of Manhattan Island while prices in the outer boroughs and Upper Manhattan rise due to what appears to be a migration in search of bigger apartments and/or cheaper rents. This spells good deals and eager landlords in some surprising places. Below, we’ve compiled a list of the stops with the largest price pops and drops since Quarter 1 2016.

These subway stops saw the biggest rent drops on one bedroom apartments

4/5/6 N/R/W Trains – 59 th Street / Lexington Ave – (-15.5%) $3,250

59 Street / Lexington Ave $3,250 A/B/C/D/E/F/F Trains – W4 St – (-15.1%) $3,395

W4 St $3,395 1/2/3 Trains – Chambers St – (-13%) $3,850

– Chambers St $3,850 (TIE) 6 Train – Astor Place – (-12.8%) $3,224

Astor Place $3,224 (TIE) 6 Train – 28 th St – (-12.8%) $4,185

28 St $4,185 1 Train – Christopher St / Sheridan Sq – (-12%) $3,650

These subway stops saw huge rent jumps

Q Train – Parkside Ave – (+25.8%) $2,353

Parkside Ave $2,353 J Train – Halsey St – (+24.7%) $2,245

Halsey St $2,245 C Train – Ralph Ave – (+22%) $2,269

Ralph Ave $2,269 J/Z Trains – Chauncey St – (+19.5%) $2,298

Chauncey St $2,298 L Train – Atlantic Ave – (+18.9%) $2,320

Time or Money?

Would you travel a few extra stops to save a couple hundred dollars? How about for $800? We scanned the map for the best single stop rent savings and found some really surprising results.

The list below represents the largest price disparities between a single stop. This could be because they are on the edge of a business development district, rents dropped at one stop, prices soared at the other, both, or all of the above. It’s also possible that the typical one bedroom apartment near one stop is very different from an apartment a stop away.

Turn your commute into extra cash at these stops

Save $1,082 between 68 th St ($3,595) and 77 th St ($2,512) – 6 Train

between 68 St ($3,595) and ($2,512) – 6 Train Save $823 between 116 th St ($2,948) and 125 th St ($2,125) – 1 Train

between 116 St ($2,948) and ($2,125) – 1 Train Save $702 between 96 th St ($3,100) and 103 rd St ($2,398) – BC Trains

between 96 St ($3,100) and ($2,398) – BC Trains Save $702 between Nassau Ave ($3,102) and Greenpoint Ave ($2,400) – G Train

between Nassau Ave ($3,102) and ($2,400) – G Train Save $625 between Astoria Blvd ($2,500) and Astoria Ditmars Blvd ($1,875) – NW Trains

There’s Also a Condensed Map for Easy Sharing

What Does This Mean For You?

Finding an apartment in New York City is hard. Deciding where to live and starting your search is probably the most difficult step. By giving you as much information about the market as possible, RentHop hopes to point you in the right direction. This map is just one of the data-backed insights we offer. All of our New York City apartment listings are ranked using available data to ensure that renters always see the best quality apartments.