By the Numbers: Today’s Manhattan Rentals

More than 200 new rental listings hit the Manhattan market today. That’s a high number for one day, but it reflects the typical increase in inventory at the end/beginning of the month. What does it mean for renters? Now is the time to get out and see apartments for Sept 1st move-ins–before the early birds snap up all the best, umm, worms…

New Units Cheapest Most Expensive Average
studios 55 $925 $3,625 $2,049
1-bed 74 $1,000 $4,695 $3,107
2-bed 44 $1,500 $12,250 $3,690
3-bed 13 $1,925 $19,500 $2,954