Manhattan Market Intelligence
Manhattan Neighborhood Rental Reports
Market data, tenant demographics, and landlord strategies for every major Manhattan neighborhood. Powered by Meraki Realty's on-the-ground expertise.
Manhattan's rental market isn't one market — it's seventeen distinct micro-markets, each with its own tenant profiles, pricing dynamics, and landlord strategies. Whether you own a brownstone on the Upper West Side or a loft in SoHo, understanding your specific neighborhood's data is essential to maximizing returns. Click any neighborhood below for a detailed rental market report.
Uptown Manhattan
Midtown Manhattan
Downtown Manhattan
At a Glance
Manhattan Market Snapshot
| Neighborhood | Studio | Avg 1BR↓ | Avg 2BR | Avg 3BR+ | YoY Change | Listings | Discounted |
|---|---|---|---|---|---|---|---|
| Greenwich Village | $4,650 | $6,500 | $8,200 | $12,500 | +2.8% | 357 | 12.9% |
| Tribeca | $6,000 | $6,500 | $8,000 | $16,500 | +6.5% | 270 | 17.8% |
| Flatiron District | $4,400 | $6,100 | $8,500 | — | +5.8% | 329 | 32.2% |
| SoHo | $3,700 | $5,700 | $8,700 | $9,995 | +7.8% | 247 | 16.2% |
| Gramercy | $4,300 | $5,500 | $6,500 | $8,995 | +9.5% | 290 | 11.0% |
| Chelsea | $4,200 | $5,200 | $6,800 | $10,995 | +3.5% | 835 | 19.3% |
| Midtown East | $3,700 | $5,000 | $6,600 | $9,000 | +4.2% | 2,000 | 23.8% |
| Financial District | $3,900 | $4,900 | $6,500 | $9,795 | +8.5% | 933 | 22.6% |
| Upper West Side | $3,400 | $4,700 | $6,500 | $8,000 | +4.5% | 2,126 | 18.3% |
| Midtown | $3,900 | $4,600 | $6,600 | — | +5.5% | 395 | 15.2% |
| Upper East Side | $3,250 | $4,500 | $6,200 | $8,000 | +3.8% | 2,051 | 16.1% |
| Murray Hill | $3,600 | $4,500 | $5,900 | — | +7.2% | — | — |
| Midtown West | $3,500 | $4,400 | $5,800 | $7,500 | +7.5% | 1,562 | 15.8% |
| Lower East Side | $3,500 | $4,300 | $5,400 | $7,795 | +9.2% | 584 | 13.0% |
| Hell's Kitchen | $3,300 | $4,200 | $5,900 | $7,295 | +6.8% | — | — |
| East Village | $3,800 | $4,000 | $5,400 | $8,000 | +8.8% | 1,251 | 13.0% |
| Harlem | $2,700 | $3,000 | $3,900 | $4,595 | +8.2% | 714 | 10.8% |
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