Rego Park 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 the purple and dark green areas.

Rego Park, NY map of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in Rego Park is about $1,849 per month. This puts it in the 88th percentile compared to the state average cost of rent, which is $1,589. Households in Rego Park have a median income of $5,462 per month so the average renter in Rego Park is spending roughly 34% of their earnings on housing.

Nationally, and in Rego Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rego Park is $575,731 right now, which is lower than cities nearby, meaning that rents in Rego Park also tend to be lower versus these nearby cities.

Higher rent prices are common in the southern parts of Rego Park while lower rent rates are often available in northeastern areas.

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