Average Rent in Manhattan, NY and Rent Price Trends

Rent price trends in
Manhattan, NY

Rent price trends

Rent prices for all bedroom counts and property types in Manhattan, NY have increased by 12% in the last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Manhattan, NY
The monthly rent for an apartment in Manhattan, NY is $5,028. A 1-bedroom apartment in Manhattan, NY costs about $4,950 on average, while a 2-bedroom apartment is $5,995. Houses for rent in Manhattan, NY are more expensive, with an average monthly cost of $6,850.


1 bedroom	$4,930	-	15%
2 bedroom	$6,000	-	15%
3 bedroom	$6,977	-	35%
4 bedroom	$6,850	-	62%
Studio	$4,000	-	5%


Apartments	$5,028	-	No Change
Condos	$5,500	-	No Change
Houses	$6,850	-	No Change
Rooms	$1,680	-	No Change

Studio

Average rent

$4,000

Last year

1 bedroom

Average rent

$4,930

Last year

15%

2 bedroom

Average rent

$6,000

Last year

15%

3 bedroom

Average rent

$6,977

Last year

35%

4 bedroom

Average rent

$6,850

Last year

62%

The table above reflects average rent prices in Manhattan, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Manhattan, NY to other cities

Median rent prices in Manhattan, NY for all bedroom counts and property types compared to Bergenfield, NJ.

Manhattan

Median rent price$5,000

163%

higher than the national median

Median rent price$2,417

27%

higher than the national median

Takeaway

The median rent for all rentals in Manhattan, NY is 107% higher than the median rent in Bergenfield, NJ.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities
Explore rent trends in other markets

Bergenfield

$2,417

Last year

Bogota

$2,887

23%

Last year

Englewood Cliffs

$3,537

40%

Last year

Englewood

$2,833

17%

Last year

Fairview

$2,000

Last year

North Arlington

$2,300

Last year

Palisades Park

$2,200

Last year

Ridgefield

$2,500

Last year

Ridgefield Park

$2,495

Last year

Rutherford

$2,487

12%

Last year

Wallington

$2,425

Last year

Yonkers

$2,710

Last year

Cost of living in
Manhattan, NY

The overall cost of living in Manhattan, NY is 131% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.