Kathy Hochul has a message for Sean Duffy

[lapucelle]

21. Rent is that high in midtown Manhattan, and everyone who lives here knows it.

Where are you from?

Sorry, but a barrage of meaningless statistics about the percentage of renters who renew leases says nothing about the rental prices of those apartments or the cost of rent increases lease-to-lease.

Current Versus Historical Midtown, New York, NY Rents

Midtown rentals average $3,600 for a studio rental to $11,250 for a 4-bedroom rental. The median price of all currently available listings is $6,000, or roughly $7 per square feet.

For the apartment units and housing in April 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $108 (3.11%) year-over-year from $3,461 to $3,569. 1-bedroom rentals prices have increased by $184 (4.18%) year-over-year from $4,400 to $4,584. 2-bedroom rentals prices have increased by $276 (4.10%) year-over-year from $6,725 to $7,000. 3-bedroom rentals prices have decreased by $1,092 (-9.67%) year-over-year from $11,292 to $10,200. 4-bedroom rentals prices have decreased by $1,167 (-10.00%) year-over-year from $11,667 to $10,500. Note that this figure includes all active and rented listings throughout the month.

https://www.renthop.com/average-rent-in/midtown-new-york-ny

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Here's a look at STUDIO apartments for rent in Midtown Manhattan

https://streeteasy.com/for-rent/midtown/beds:0?sort_by=se_score

https://www.realtor.com/apartments/Midtown-Manhattan_New-York_NY/type-apartments/beds-studio

https://www.trulia.com/for_rent/New_York,Midtown,NY/

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Zillow:

https://bit.ly/42nxuii
https://bit.ly/42YTrnW


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MANHATTAN RENTAL MARKET REPORT

https://www.mns.com/manhattan_rental_market_report