Apartments for Rent in Manhattan, NY

The best apartments in Manhattan, NY are: SKY, Oriana, Waterline Square, The Centra and Waterside.

The average rent in Manhattan, NY is $5,025.

The price range for a studio apartment in Manhattan, NY is between $878 and $50,000.

The price range for a 1-bedroom apartment in Manhattan, NY is between $1,239 and $50,000.

The price range for a 2-bedroom apartment in Manhattan, NY is between $942 and $50,000.

The price range for a 3-bedroom apartment in Manhattan, NY is between $1,200 and $28,995.

In Manhattan 75% of the housing is rented out compared to 25% of homes are owned, according to the most recent Census Bureau estimates. 52% of Manhattan's apartments are found in large buildings of 50 units or more, 47% are located in smaller apartment complexes with less than 50 units, and 0.5% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Manhattan are about 60 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 20 stories. About 3% of the rental communities here are low-rise, garden-style communities, 46% are mid-rises, and 66% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Manhattan are around 18% of rentals, while 1-bedroom floor plans represent 34% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 16% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.