Thrive Real Estate Team at Compass

📢 June 2025 NYC Rental Market Update! 📢

Rental trends across Manhattan, Brooklyn, and Queens show shifting dynamics and expanding opportunities:

🏙️ Manhattan

Average listing price rose to $6,065 (+4% YoY)
Studio-to-1BR units lead supply (62% of market)
Luxury market ($12K+) stable in price, but listings dropped 8% YoY

🏡 Brooklyn

Average listing price climbed to $4,608 (+3% YoY)
Studio and 1BR units account for 52% of all listings
Luxury market ($6K+) up 33% YoY in volume with minimal price shift

🌆 Queens

Rents continue upward: avg. price now $4,105 (+7% YoY)
One-bedroom units dominate (50% of listings)
Luxury listings ($5K+) jumped 49% YoY despite slight price dip

📈 Whether you're an investor, renter, or landlord, now’s the time to strategize. DM me for hyperlocal insights tailored to your goals.

#NYCRentals #RentalMarketUpdate #CompassRealEstate #NYCLiving #RentalTrends

June 2025 Rental Market Report cover with a bright kitchen and Compass branding.

Manhattan rental market snapshot comparing June 2025 and June 2024 prices and apartment availability.

Brooklyn rental market chart comparing June 2025 and June 2024 prices and unit counts by apartment size.

Queens rental market snapshot comparing June 2025 and June 2024 prices and listing counts by apartment size.

Compass Rental Market Reports contact page with Christopher Balazs’s email address.