100 Best Apartments in Manhattan, NY (with reviews)

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Average rent in Manhattan, NY

$4,939/mo Manhattan, NY average rental price, July 2024

The average monthly rent of apartments in Manhattan, NY is $4,939.

Manhattan, NY rent trends

Check out the average rent prices in Manhattan by neighborhood.

Compared to the national average rent of $1,739, the average rent in Manhattan, NY is $4,939.

Getting around in Manhattan, NY

89 /100

Very Walkable

100 /100

Rider's Paradise

63 /100

Bikeable

Walk Score®: 89, Transit Score®: 100, Bike Score®: 63

Frequently asked questions

When were prices and availability in Manhattan, NY last updated?

Prices and availability in Manhattan, NY were last updated on 11 Sep 2024.

What are the best apartments in Manhattan, NY?

The best apartments in Manhattan, NY are: 555TEN, ELK 123 Bank, LLC, 51 Irving, 203 E 74 Street and 25 Clinton Street.

What is the average rent in Manhattan, NY?

The average rent in Manhattan, NY is $4,939. Start your search for apartments in Manhattan, NY now.

What is the price range for a studio apartment in Manhattan, NY?

The price range for a studio apartment in Manhattan, NY is between $700 and $44,187. View all studio apartments in Manhattan, NY.

What is the price range for a 1-bedroom apartment in Manhattan, NY?

The price range for a 1-bedroom apartment in Manhattan, NY is between $1,239 and $11,275. Browse all available 1-bedroom apartments in Manhattan, NY now.

What is the price range for a 2-bedroom apartment in Manhattan, NY?

The price range for a 2-bedroom apartment in Manhattan, NY is between $750 and $44,187. Browse and find a 2-bedroom apartment in Manhattan, NY.

What is the price range for a 3-bedroom apartment in Manhattan, NY?

The price range for a 3-bedroom apartment in Manhattan, NY is between $1,239 and $28,375. Browse all available 3-bedroom apartments in Manhattan, NY.

What type of rental buildings are in Manhattan, NY?

In Manhattan, 75% of the residents are renting compared to 25% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 52% of Manhattan’s rentals, 47% are small-scale complexes with under 50 units, and 0.4% are single-family rentals.

What do typical apartment communities look like in Manhattan, NY?

The average age of rental buildings in Manhattan is 59 years old, with 23% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 20 stories, of which 3% are garden-style apartment communities, 46% are mid-sized buildings, and 67% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Manhattan, NY?

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.

Manhattan, NY in the news

Adaptive Reuse Surges Again With 151K Upcoming Units; Hotel Conversions Overtake Offices in 2023

So, with 733 apartments brought to life through adaptive reuse — all of which were from repurposed hotels — Manhattan now holds 5.8% of all converted apartments in the U.S.

2023 Year-End Report: Miami Tops U.S. Hottest Markets, but the Midwest Heats Up the Competition

Manhattan, on the other hand, only made it to 22nd place among the nation's 30 hottest rental markets in 2023. One possible reason is that Manhattan has more upscale properties than Brooklyn, which can deter renters who are looking for better options, by making the market less competitive.

Location vs. Space: How Much Does the National Average Rent of $1,700 Stretch in Apartment Size by Zip Code

Manhattan monopolizes the top positions in the list of the 50 zip codes with the most limited legroom. It’s a stark reminder of the borough’s famously compact living conditions, especially the further you head south.

Competition for Apartments Intensifies in Midwest This Rental Season, but Miami Holds Onto 1st Place

Manhattan was the 13th most competitive rental market in peak rental season. With zero apartments opened recently, 66% of apartment dwellers chose to stay put. As a result, Manhattan’s occupancy rate reached 94.7%. There were also nine renters vying for each vacant unit, which became occupied within 38 days, on average.

America’s Construction Boom: 1 Million Units Built in 3 Years, Another Million to Be Added Until 2025

New York is America’s #1 builder in 2023, with no less than 33,000 new rental units set to come online by the end of the year. Almost one-third of the apartments that will be added throughout the metro will be located in Brooklyn (9,825 units), while 4,430 rentals will open in Queens and 3,770 rentals will be completed in Manhattan.

May Rental Activity Report: Kansas City Leads as Most In-Demand City, Midwest Claims Top Spots

Manhattan slid to the 30th spot from April’s top five. Still, the New York borough is buzzing with rental activity: There were 16% fewer listings available this month versus a year prior, as the number of apartments in Manhattan favorited by renters doubled.

April Rental Activity Report: Atlanta Leads as the Most In-Demand City, Manhattan Makes Top 5

This New York City borough seems to be making a comeback as a top favorite for renters (Was it ever not one?) with a quick rise in the number of apartments saved to favorites on Rentcafe.com, eight times more than one year ago. Manhattan's desirability is confirmed by a 17% drop in available listings and the 31% jump in saved personalized searches for listings.

America’s Hottest Rental Markets at the Start of 2023: North Jersey Overtakes Miami as Competition Builds Up in the Northeast

Manhattan gained 27 competitivity points since the start of 2022, kickstarting 2023 with an RCI score of 67. With almost two-thirds of renters renewing their leases — largely due to the longstanding shortage of apartments combined with rising mortgage rates, as well as the tenant eviction rules initiated in 2019 — Manhattan’s occupancy rate increased by 0.4% year-over-year to a strong 94.8%.

The National Apartment Size Shrinking as Studios & 1-Bedroom Apartments Gain in Share

Manhattan seems to shed its reputation of historically small rentals, recording a surprising increase of 19 square feet (or 3%) in apartment size in 2022 compared to 10 years prior. So, in 2022, rentals in this borough measured 740 square feet, thereby giving renters (primarily single young professionals) the opportunity to look for employment in a recovering job market without breaking the bank.

Living in Manhattan, NY

Manhattan is New York City’s urban core, bounded by the Hudson, East and Harlem rivers. Known as “The City,” it’s the smallest and most densely populated borough of New York City. The urban lifestyle, shopping opportunities and spectacular waterfront apartments make Manhattan one of the most popular areas to live in the entire U.S. The humid subtropical climate brings cold and damp winters, while summers are hot and humid. Average temperatures vary between 35°F and 75°F, with plenty of sunshine throughout the year. Manhattan is known as one of the world’s leading cultural, financial and entertainment centers, and it’s a great renting spot for young professionals.

Renting in Manhattan, NY

Manhattan has plenty of rental options to choose from, and most apartments are located in high-rise buildings. Manhattan’s most coveted neighborhoods — Upper East Side, Upper West Side and Tribeca —offer proximity to great public schools, beautiful parks, diverse shopping options and amazing waterfront views. Midtown, the Financial District and Chelsea are popular renting spots among young professionals who want to live close to office buildings and transit options. Lower East Side and East Village are also famous for their proximity to entertainment options and lively nightlife. Inwood, Marble Hill and Washington Heights offer more affordable rentals since they are a bit further away from the city core. Those looking to rent an apartment in Manhattan will likely pay an application fee and provide a security equal to one month’s rent. Renter’s insurance is mandatory, while the payment of utilities is agreed between the landlord and the renter.

Shopping in Manhattan, NY

Manhattan is the fashion capital of the U.S., home to exclusive national and global brands. Manhattan Mall, The Shops at Columbus Circle, East River Plaza and Westfield World Trade Center are some of the largest shopping malls in Manhattan, but there are plenty of smaller retail venues all over the borough, giving renters brand shopping options within walking distance. The iconic Fifth Avenue is a veritable shopper’s paradise, boasting a plethora of luxury boutiques and department stores. Manhattanites typically do their grocery and home goods shopping at Whole Foods, Trader Joe’s, Costco, Aldi, Lidl and Walmart, as well as local stores like Westside Market, Morton Williams Supermarkets and Citarella Gourmet Market.

Transportation in Manhattan, NY

Major highways in Manhattan include interstates 78, 95, 278, 478 and 495, state highways 9A and 495 and U.S. Highway 9. Along with several bridges and tunnels, these thoroughfares provide land access in and out of the borough. The New York City Subway connects Manhattan to Brooklyn, Queens and the Bronx, while the Port Authority Trans-Hudson Corporation (PATH) connects Manhattan to New Jersey. Passenger rail service is provided by the Long Island Rail Road (LIRR), the Metro-North Railroad, NJ Transit trains and Amtrak. A network of buses run by the Metropolitan Transportation Authority (MTA) offers connections for those who rent in Manhattan, while the Roosevelt Island Tramway is a commuter cable car system connecting Manhattan to Roosevelt Island. The Staten Island Ferry and NYC Ferry run between Manhattan and nearby islands and boroughs. In addition, ridesharing operators like Uber, Lyft and Juno are also available in the area. For air travel, the closest airports to Manhattan are LaGuardia Airport, Newark Liberty International Airport and John F. Kennedy International Airport.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Manhattan, NY. Easily search through a wide selection of apartments for rent in Manhattan, NY, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Manhattan, NY apartments with rents starting from $2,500 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

STUDIO	Ask for Pricing
2 BEDS	$2,905+
3 BEDS	Ask for Pricing

STUDIO	Ask for Pricing
2 BEDS	Ask for Pricing
5 BEDS	Ask for Pricing

STUDIO	Ask for Pricing
1 BED	Ask for Pricing
2+ BEDS	Ask for Pricing

STUDIO	Ask for Pricing
1 BED	Ask for Pricing

1 BED	$4,150
2 BEDS	$3,700

STUDIO	$4,020+
1 BED	$6,300+
2+ BEDS	$8,160+

STUDIO	$4,196+
1 BED	$5,797+
2+ BEDS	$8,701+

Apartments for Rent in Manhattan, NY 653 Rentals Available

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