RENTAL MARKET TRENDS

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YEAR OVER YEAR CHANGES

DOORMAN BUILDINGS

NON-DOORMAN BUILDINGS

STUDIO

3.5%

9.1%

1 BEDROOM

3.1%

7%

2 BEDROOM

1.3%

4.8%


OCTOBER 2024
MEAN RENTAL PRICES

STUDIO

$3,496.5

1 BEDROOM

$4,848

2 BEDROOM

$6,121


OCTOBER 2024
AVGERAGE RENTAL PRICES

1 BEDROOM

2 BEDROOM

TRIBECA

$5,575

$7,345

$4,224

$5,771

SOHO

CHELSEA

$4,933

$7,352

$8,655

$6,409

$7,364

$5,894

GREENWICH VILLAGE

LOWER EAST SIDE

EAST VILLAGE

GRAMERCY

$4,671

$6,321

$6,258

$4,395

MIDTOWN EAST

$4,072

$5,377

UPPER WEST SIDE

$5,647

$4,242

UPPER EAST SIDE

$5,443

$4,008


OCTOBER 2024
WHERE PRICES
DECREASED

CHELSEA
Non-Doorman One-Bedroom -3.9%
Doorman Studios -1.2%
Doorman One-Bedroom -1.5%
Doorman Two-Bedroom -0.2%

EAST VILLAGE
Non-Doorman Studios -0.4%
Non-Doorman One-Bedroom -0.8%

GRAMERCY
Non-Doorman Studios -0.1%
Non-Doorman One-Bedroom -2.7%
Doorman Studios -4.8%
Doorman One-Bedroom -2.0%

GREENWICH VILLAGE
Non-Doorman Studios -0.6%
Non-Doorman Two-Bedroom -1.1%
Doorman Studios -3.2%

SOHO
Non-Doorman Studios -0.4%
Doorman Studio -3.4%

TRIBECA
Non-Doorman One-Bedroom -7.8%
Doorman One-Bedroom -6.3%

LOWER EAST SIDE
Non-Doorman One-Bedroom -2.5%
Non-Doorman Two-Bedroom -4.0%

MURRAY HILL
Doorman One-Bedroom -1.0%
Doorman Two-Bedroom -2.3%

UPPER EAST SIDE
Non-Doorman Studios -0.3%
Non-Doorman One-Bedroom -0.1%
Non-Doorman Two-Bedroom -2.0%
Doorman One-Bedroom -2.3%
Doorman Two-Bedroom -3.2%

UPPER WEST SIDE
Non-Doorman Two-Bedroom -1.5%
Doorman Studios -4.0%
Doorman One-Bedroom -2.2%
Doorman Two-Bedroom -0.6%


OCTOBER 2024
WHERE PRICES
INCREASED

CHELSEA
Non-Doorman Studios 2.8%
Non-Doorman Two-Bedroom 8.9%

EAST VILLAGE
Non-Doorman Two-Bedroom 3.7%
Doorman Studios 1.1%
Doorman One-Bedroom 0.7%
Doorman Two-Bedroom 9.9%

GRAMERCY
Non-Doorman Two-Bedroom 3.3%
Doorman Two-Bedroom 3.3%

GREENWICH VILLAGE
Non-Doorman One-Bedroom 1.1%
Doorman One-Bedroom 3.3%
Doorman Two-Bedroom 1.3%

LOWER EAST SIDE
Non-Doorman Studios 2.5%
Doorman Studios 3.7%
Doorman One-Bedroom 1.1%
Doorman Two-Bedroom 2.0%

MIDTOWN EAST
Non-Doorman Studios 0.1%
Non-Doorman Two-Bedroom 4.3%
Doorman Studios 1.1%
Doorman Two-Bedroom 0.0%

SOHO
Non-Doorman One-Bedroom 5.2%
Non-Doorman Two-Bedroom 4.5%
Doorman One-Bedroom 1.3%
Doorman Two-Bedroom 8.6%

TRIBECA
Non-Doorman Two-Bedroom 2.1%
Doorman Studios 2.3%
Doorman Two-Bedroom 3.9%

UPPER EAST SIDE
Doorman Studios 1.8%

UPPER WEST SIDE
Non-Doorman One-Bedroom 2.0%


YEAR OVER YEAR

PRICE CHANGES


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