From Harlem’s $3.39 PSF charm to Tribeca’s $9.32 PSF prestige, Manhattan’s rent map is as dynamic as the city itself. With an overall 15% climb in effective rents since 2022, it’s clear the demand for NYC isn’t slowing down. In total unit terms, the average apartment in Manhattan spans 770 SF, bringing the average monthly unit rent just over $5,000.
This steep price tag highlights Manhattan’s position as one of the most sought-after rental markets in the world. With diverse neighborhoods, renters face a wide spectrum of options—each with its own unique lifestyle and price point.
