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NYC Rental Market Update – April 2025

  • 05/16/25

📢 April 2025 NYC Rental Market Update! 📢

Manhattan, Brooklyn, and Queens all experienced notable shifts in rental activity last month:

🏙️ Manhattan:

  • Average listing price up 9% YoY at $6,110

  • Luxury market ($10K+) inventory up 66%, prices up $867 YoY

🏡 Brooklyn:

  • Average listing price rose 5% YoY to $4,719

  • Total unit availability dropped 44% YoY

🌆 Queens:

  • Solid growth with avg. price up 7% YoY to $3,582

  • One-bedroom listings surged 132% YoY, studio inventory doubled

The market is evolving—whether you’re planning to rent or invest, now’s a great time to reassess your options. DM me for tailored insights!
#NYCRentals #RentalMarketUpdate #RealEstateNews

 

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