One-, two-bedroom Manhattan rents down in March

March saw a drop in rents one- and two-bedroom apartments in Manhattan, with studio rents remaining about the same compared to February, according to a monthly report from the Real Estate Group.

The average rent for a two-bedroom in a non-doorman building fell almost 2 percent to $3,858 per month, from $3,929 per month in February. The average rent for a two-bedroom in a doorman building fell half a percent to $5,265. 

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The average rent for a one-bedroom in a non-doorman building dropped by about 1 percent to $2,792 per month, and the rent for a one-bedroom in a doorman building fell just over half a percent to $3,578.

Non-doorman two-bedrooms in Gramercy Park saw the biggest change over the month, down 6.6 percent to $4,602 per month, from $4,925 per month in February. TRD

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