MANHATTAN RENTAL MARKET REPORT April 2019
MANHATTAN RENTAL MARKET REPORT April 2019 TABLE OF CONTENTS 03 Introduction 04 A Quick Look 07 Mean Manhattan Rental Prices 11Manhattan Price Trends 12 Neighborhood Price Trends 12 Battery Park City 13 Chelsea 14 East Village 15 Financial District 16 Gramercy Park 17 Greenwich Village 18 Harlem 19 Lower East Side 20 Midtown East 21 Midtown West 22 Murray Hill 23 SoHo 24 TriBeCa 25 Upper East Side 26 Upper West Side 27 The Report Explained PAGE 2 Manhattan Rental Market Report | April 2019 MNS.COM INTRODUCTION Over the last month, the average rent in Manhattan increased by 2.16%, from $3,962.86 to $4,048.63. PAGE 3 Manhattan Rental Market Report | April 2019 MNS.COM A QUICK LOOK Through April, the average rental price in Manhattan increased by 2.16%, from $3,962.86 to $4,048.63. The average rental price for a non-doorman studio unit increased by 1.58%, from $2,675 to $2,717. The average rental price for a non-doorman one-bedroom unit increased by 0.65%, from $3,185 to $3,206. The average rental price for a non-doorman two-bedroom unit increased by 2.01%, from $4,124 to $4,207. The average rental price for a doorman studio unit increased by 1.94%, from $3,131 to $3,192. The average rental price for a doorman one-bedroom unit increased by 5.37%, from $4,268 to $4,498. The average rental price for a doorman two-bedroom unit increased by 1.75%, from $6,104 to $6,211.
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