📢 NYC Rental Market Update – January 2025 📢
Rents are up across Manhattan, Brooklyn, and Queens as demand remains strong! 📈
🏙 Manhattan: Avg. rent $5,608 (⬆️ 7% YoY)
🏡 Brooklyn: Avg. rent $4,852 (⬆️ 17% YoY)
🌆 Queens: Avg. rent $3,425 (⬆️ 9% YoY)
💰 Luxury Market Still Hot!
🔥 Manhattan: $17,244 (⬆️ 8%)
🔥 Brooklyn: $8,280 (⬆️ 2%)
🔥 Queens: $6,166 (⬆️ 0%)
📊 Key Trends:
✔️ Studio and 1BR units are in high demand
✔️ Inventory is growing, but prices remain strong
✔️ Queens saw the biggest % increase in unit availability
Looking to rent in NYC? Stay ahead of the market—DM us for the latest listings! 🏡🔑
#ThriveAtCompass #NYChomes #NYCRealEstate #CompassNY #NYCRentals #RealEstateMarket #LuxuryLiving #RentTrends
