Average rents in Manhattan remained stable at $3,963 in July, a 0.5 percent decline from June prices. Listing inventory was up 2.7 percent from the previous month to 8,663 units in July. Harlem had the greatest year-over-year growth, with average rents up 17.9 percent to $2,757. View the full report online here.
industry-report
July 2015 Manhattan residential rentals: MNS
Average rents in Manhattan remained stable at $3,963 in July, a 0.5 percent decline from June prices. Listing inventory was up 2.7 percent from the previous month to 8,663 units in July. Harlem had the greatest year-over-year growth, with average rents up 17.9 percent to $2,757. View the full report online here.