Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent.
Source: Inman News
Manhattan median rent hits new $4K high, according to report
Published in Analysis, brooklyn, douglas elliman, jonathan miller, luxury lens, luxury rentals, luxury_lens, manhattan, Markets & Economy, miller samuel, mortgage rates, Queens, rental concessions, Rentals, Select, The New York Post and the real deal
More from AnalysisMore posts in Analysis »
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- New client leads, murky waters: October’s mixed bag for real estate
More from brooklynMore posts in brooklyn »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Alexander brothers denied motion to dismiss sex-trafficking charges
- ‘Ralph Lauren Christmas’ is going viral. Here’s how real estate agents can nail it
- Huddle Up: How to build culture, connection, client care in a sprawling second-home market
- Being a neighborhood expert isn’t enough anymore
More from douglas ellimanMore posts in douglas elliman »
More from jonathan millerMore posts in jonathan miller »
- Tariffs to spur ripple effects across real estate, industry leaders warn
- Clear Cooperation takes center stage, faces pressure to change
- It’s now a buyer’s market in Manhattan, new report suggests
- Inman debuts inaugural class of New York Power Brokers
- Pocket listings are thriving 4 years after NAR sought to end practice
More from luxury lensMore posts in luxury lens »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
More from luxury rentalsMore posts in luxury rentals »
- Ryan Serhant and wife team up as SERHANT. becomes family firm
- Putting it all together: The complete guide to working with athletes and celebrities
- How an agent becomes ‘the chosen one’ for celebrities and athletes
- Hamptons summer rentals way down amid market uncertainty
- 8 years later, ‘Thousand Dollar Listing’ unveils new episodes
More from luxury_lensMore posts in luxury_lens »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- SERHANT. enters Sin City with 2nd Southwestern market launch
- Reffkin calls Christie’s deal the ‘blueprint’ for Anywhere
- How a new agent turned hateful social media comments into a growth opportunity
More from manhattanMore posts in manhattan »
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
- Howard Hanna expands into NYC with purchase of Elegran
- Take the wheel: 5 tips to steer your marketing in the right direction
- What does Compass’ last big acquisition say about Anywhere?
- 5 Back to Basics luxury real estate trends for 2025
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from miller samuelMore posts in miller samuel »
- It’s now a buyer’s market in Manhattan, new report suggests
- LA nets biggest deal yet this year at $62.8M for spec mansion
- Max Azria’s former estate heads to auction 9 years after first listing
- Bess Freedman says Trump is too late to sell Mar-a-Lago for bond
- Beverly Hills spec mansion nets $30.1M in discounted sale
More from mortgage ratesMore posts in mortgage rates »
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
More from QueensMore posts in Queens »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Broker Spotlight: Kevin Leatherman, Leatherman Homes
- Kirsten Jordan and team depart Elliman and sign on to Corcoran
- EXp Realty real estate agent found dead near New York highway
- Compass scoops up NYC star agent from The Agency
More from rental concessionsMore posts in rental concessions »
More from RentalsMore posts in Rentals »
- 6 intelligent tech tools every agent-landlord can leverage
- How to help sellers prepare to list a tenant-occupied property
- Selling a property with tenants living in it? Here’s what to know
- Gen Z is changing the rules of renting. Are you ready?
- Single-family rentals continue to grow as a desirable asset class
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
More from The New York PostMore posts in The New York Post »
- Agents find marketing magic in low-ball asking prices
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
- Trump official: Fed chair to answer for ‘ostentatious’ renovations
- Most wildfire victims won’t return to Palisades, Josh Altman says
- After accident, Utah Realtor raises alarm over kids at home showings
More from the real dealMore posts in the real deal »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Fire-scarred CA neighborhoods ‘not even close’ to bottoming out
- 24-year-old Twitch streamer Adin Ross buys $26M Florida mansion
- StreetEasy listings fell this week. The portal says FARE isn’t the issue
- Canadian reality TV brokerage makes its US debut in South Florida
Be First to Comment