Rental prices in Downtown Manhattan, Manhattan, NY have increased by 12.8% over the past year. The average rent moved from $3,796 to $4,282.
Check out the average rent in Manhattan.
The national average price of rental apartments is $1,743, while the average monthly rent in Downtown Manhattan, Manhattan, NY is $4,282.
The average monthly rent for an apartment in Downtown Manhattan, Manhattan, NY is around $4,282.
A share of 8% of apartments in Downtown Manhattan, Manhattan, NY have the cheapest rents between $2,501-$3,000. Around 92% of Downtown Manhattan's apartments have monthly rents between > $3,000.
The largest share of rentals in Downtown Manhattan, Manhattan, NY (92%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $1,225 and $10,000.
There are 28 studio rentals available on RentCafe. Prices and availability in Downtown Manhattan, Manhattan, NY were last updated on 24 Nov 2025.
The average Downtown Manhattan, Manhattan, NY studio apartment size is 231 sq. ft.
Studio apartments in Downtown Manhattan, Manhattan, NY tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Manhattan, Manhattan, NY has 299,160 residents, 152,607 women and 146,553 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Manhattan’s population is 38.
There is a total of 148,548 households in Downtown Manhattan, Manhattan, NY. Of these, 21,066 have children and 127,482 are without children. Per Census Bureau’s most current estimates, 56,919 family households and 91,629 non-family households live in this area. The size of a household in Downtown Manhattan is 1.5 people, on average. The median household annual income in Downtown Manhattan equals $167,254, and the monthly housing costs equal $3,214.
According to data from the U.S. Census Bureau, 6% of the population in Downtown Manhattan, Manhattan, NY have no high school education, 17% went to high-school, and 11% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 39% hold a Bachelor Degree, and 24% hold a Graduate Degree.
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