Miller Samuel Real Estate Appraisers and Consultants Archives

Median Rents in Manhattan Drop for the First Time in More Than Two Years

by Phil Hall | Dec 14, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median rent in Manhattan dropped year-over-year for the first time in 27 months, according to data from Douglas Elliman and Miller Samuel Real Estate Appraisers and Consultants. Last month, the median Manhattan rent was $4,000, down 4.6% from October and down 2.3%...

Median Rents in Manhattan Drop for the First Time in More Than Two Years

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