Connect CREArticle
Manhattan Apartment Rents Reach Record High Amid Declining Inventory
Average Manhattan apartment rents reached an all-time high of $6,655 in July, according to Corcoran Sunshine Marketing Group. Median rents held steady at June’s record-setting level of $5,295, up 6% from a year ago. “Meanwhile, the number of signed leases rose 3% annually, while inventory dropped a substantial 22%…
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Provenance
- Publisher
- Connect CRE
- Obtained from
- Connect CRE
- Published
- Aug 13, 2026
- Last updated
- Aug 13, 2026 (today)
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