Apartments for Rent in NoMad, New York, NY

NoMad, New York apartment availability

NoMad's rental market offers a strong selection of listings, with an average of nearly 199 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Studios and 1-bedroom apartments are particularly prevalent, making up a significant portion of the neighborhood's listings. Many NoMad apartments cater to pet owners, with about 80% of rentals allowing dogs and other pets with some restrictions. This makes NoMad an attractive option for renters with furry friends.

NoMad, New York rental market trends

NoMad's rental market saw a 5.6% increase in average monthly rent last year, reaching $6,355. Breaking it down by bedroom count, 1-bedrooms average $5,640 per month, a slight decrease of 2% from the previous year. In contrast, 2-bedrooms experienced a significant 14.3% increase, now averaging $8,446 per month. Studios, on the other hand, saw an 8.9% decrease, with an average rent of $4,109.

The rental market in NoMad tends to peak in the fall, with September typically having the highest rent, 19.6% higher than January's low. If you're looking for a new apartment, be prepared for a competitive market during this time. Conversely, January may be a good time to find a better deal, with lower prices and less competition. Keep in mind that the market's fluctuations can impact your search, so it's essential to stay informed and plan accordingly.

Why NoMad, New York is a great place to live

NoMad stands out as a top choice for renters prioritizing fitness and wellness, as well as a vibrant social life. With many apartments offering onsite gym equipment, abundant natural light, and access to gyms and yoga centers, it's easy to maintain an active lifestyle here. Additionally, features like low VOC materials, health and wellness events, and soundproofing contribute to a healthy living environment. For those who value socializing, NoMad's diverse restaurants, safe streets, and mixed-use developments create a lively atmosphere. With frequent transit options and well-designed street infrastructure, getting around and exploring the neighborhood is a breeze. If you're looking for a community that supports your fitness goals and social habits, NoMad is an excellent option.