The median monthly asking rent of single family homes and apartments in Manhattan, New York plummeted in 2020, following the coronavirus (COVID-19) pandemic outbreak. The average rent in Upper East Side fell below 2,800 U.S. dollars, only to surge in the next two years. In June 2023, a residential property in Downtown Manhattan had an average rent of nearly 5,000 U.S. dollars.
Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area
(in U.S. dollars)
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StreetEasy. (July 26, 2023). Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area (in U.S. dollars) [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/
StreetEasy. "Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area (in U.S. dollars)." Chart. July 26, 2023. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/
StreetEasy. (2023). Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area (in U.S. dollars). Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/
StreetEasy. "Median Asking Monthly Rent in Manhattan, New York from 2010 to June 2023, by Area (in U.S. Dollars)." Statista, Statista Inc., 26 Jul 2023, https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/
StreetEasy, Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area (in U.S. dollars) Statista, https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/ (last visited December 25, 2024)
Median asking monthly rent in Manhattan, New York from 2010 to June 2023, by area (in U.S. dollars) [Graph], StreetEasy, July 26, 2023. [Online]. Available: https://www.statista.com/statistics/1235551/median-monthly-rental-rates-manhattan-new-york/
