Manhattan, NY Rental Market Trends
What is the average rent in Manhattan?
The average rent for an apartment in Manhattan is $4,210. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Manhattan, NY
Last updated January 2020
| Average Rent | Average Apartment Size |
|---|---|
| $4,210 | 703 sq. ft. |
What is the average apartment size in Manhattan?
The average size for a Manhattan, NY apartment is 703 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Manhattan, NY apartment rent ranges
Manhattan, NY Occupied Housing Units
565,905 or 75% of the households in Manhattan, NY are renter-occupied while 186,231 or 25% are owner-occupied.
Manhattan, NY rent trends
How Manhattan Compares to Other Cities
| City | Average Rent |
|---|---|
| Manhattan | $4,210 |
| Brooklyn | $2,936 |
| Queens | $2,412 |
| Jersey City | $2,942 |
| Newark | $1,217 |
What is the average price for a storage unit in Manhattan?
The average rent for a non-climate-controlled 10'x10' storage unit in Manhattan is $335.68. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
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