Average Rent In Manhattan 2025. The average rent price in manhattan was $4,469 last month, down $58 month over month. This is a 41% increase compared to the previous year.

The median asking rent in new york city rose 2.1 percent from october 2023 to october 2024, according to a report from streeteasy. The new york city housing market is always changing — especially when it comes to rentals.