Apartment Rent in Manhattan

New York, New York ยท NY

Avg 1BR Rent $4,275 /month

Rent by Bedroom Count

Studio $3,350/mo ~471 sq ft $7.11/sq ft
1 Bedroom $4,275/mo ~654 sq ft $6.54/sq ft
2 Bedrooms $5,950/mo ~948 sq ft $6.28/sq ft
3 Bedrooms $7,625/mo ~1210 sq ft $6.30/sq ft

Market Metrics

Year-over-Year Change +0.1% Stable market
Vacancy Rate 3.9% Very tight supply
Walk Score 60/100 Somewhat Walkable
Transit Score 45/100 Some Transit

What to Budget

At $4,275/mo for a 1-bedroom in Manhattan, you should budget at least $12,825/mo in gross income (the standard 30% rule). For a studio at $3,350/mo, you'd need roughly $10,050/mo.

Studio income needed $10,050/mo
1BR income needed $12,825/mo
2BR income needed $17,850/mo

Moving to Manhattan?

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