NYC Residential Rental Market Report: October 2024 | Inhabit

Dec 11, 2024  · There were 4,387 active listings available in Brooklyn during October 2024, 4% fewer when compared to September but up 9% year-over-year. Slower leasing activity has led …


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NYC Residential Rental Market Report: October 2024 | Inhabit

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Dec 11, 2024  · There were 4,387 active listings available in Brooklyn during October 2024, 4% fewer when compared to September but up 9% year-over-year. Slower leasing activity has led …

corcoran.com

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NYC Residential Rental Market Report: November 2024 | Inhabit

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Jan 8, 2025  · BROOKLYN Rents. The median rent in Brooklyn was $3,855 in November 2024 – down 2.4% vs. the $3,950 per month in October and a 1% decline year-over-year.This is the …

corcoran.com

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NYC Residential Rental Market Report: September 2024 | Inhabit

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Listings. There were 4,562 active listings available in Brooklyn during September 2024, 8% fewer when compared to August but up 26% year-over-year.This is the highest September inventory …

corcoran.com

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New York City Rental Report October 2024: What Home Can A …

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Nov 25, 2024  · As of October 2024, the median asking rent in New York City was $390, or 13.1%, higher than the same time in 2019 (pre-pandemic). Figure 1: Rents Continue To Increase in …

realtor.com

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New York City Economic Snapshot - Edc.nyc

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October 2024 . New York City Economic Snapshot as of 10.24.24 . ... New York City private sector jobs have grown 1.9% over the past year, faster than New York State (1.4%) and …

edc.nyc

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2024 Q3 Market Report - Fact Real Estate

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Rental Market Highlights: Record-High Rents: The rental market continued its upward trend in Q3, with Manhattan median rents hitting $5,200/month, a 5.5% year-over-year increase.; Brooklyn …

factrealestate.com

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2024 HOUSING SUPPLY REPORT

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2023 NYC Housing and Vacancy Survey Findings •New York City is predominantly a city of renters: §City’s available housing stock is 68% renter-occupied §Almost 2.4 million housing …

cityofnewyork.us

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2024 NYC Housing Market Predictions - StreetEasy

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Nov 30, 2023  · In 2024, Manhattan will be back on renters’ radars as asking rents decline. The median asking rent in Manhattan peaked at $4,395 in April 2023: the highest on StreetEasy® …

streeteasy.com

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NYC Residential Rental Market Report: August 2024 | Inhabit

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Nov 15, 2024  · Listings/Vacancy. In August 2024, there were 8,426 active listings across Manhattan, nearly level with July but up a modest 1% year-over-year.Inventory was at the …

corcoran.com

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Spotlight: New York City’s Rental Housing Market - Office Of The …

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This is likely a function of the relative income distributions rather than of rental costs: median household income (in 2022) was $137K in San Francisco, versus $75K In New York City. A …

nyc.gov

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NYC Residential Rental Market Report: July 2024 | Inhabit

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Jan 8, 2025  · Listings. There were 5,078 active listings available in Brooklyn during July 2024, 8% more when compared to June and 24% year-over-year. In July, the number of available …

corcoran.com

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Rent Report November 2024 - Apartments.com

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Dec 16, 2024  · November 2024 brought a slight bump in rents, with the national average rent price reaching $1,559 per month for a one-bedroom apartment and $1,813 for a two-bedroom, …

apartments.com

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Manhattan Office Figures Q4 2024 - CBRE

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Jan 8, 2025  · Leasing activity totaled 6.97 million sq. ft. in Q4, 41% ahead of the five-year quarterly average of 4.93 million sq. ft. · Full-year leasing activity amounted to 23.54 million sq. …

cbre.com

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NYC Residential Rental Market Report: March 2024 | Inhabit

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Apr 11, 2024  · The median Manhattan rent was $4,550 per month in March 2024 vs. $4,500 per month in February. Rental prices increased 1% month-over-month and 7% year-over-year. …

corcoran.com

FAQs about NYC Residential Rental Market Report: October 2024 | Inhabit Coupon?

How are new developments affecting the rental market?

Rental inventory is rising in Queens and Brooklyn, and declining in Manhattan. How are new developments altering the rental market? The median asking rent in New York City rose 2.1 percent from October 2023 to October 2024, according to a report from StreetEasy. ...

Which borough has the most competitive rental market in 2023?

Due to its relatively lower price point, Queens overtook Brooklyn as the most competitive rental market in spring 2023. Rising demand and limited inventory is behind the strong competition for rentals in Queens, the only borough where rental inventory stagnated in 2023 compared to 2022. ...

What is Zillow's forecast for a new apartment market?

Over the full year, Zillow forecasts single-family rents to grow 4.1%, down from 4.4% year-over-year growth as of November, and multifamily rents to grow 2.8%, up from the current pace of 2.4%. As the number of new apartments hitting the market begins to come back down to earth and competition intensifies, expect fewer concessions to be on offer. ...

How much do New York City residents pay for rent?

The overall proportion of New York City residents paying more than 30% of their income for rent is high (52.1%) – but not the highest relative to other cities. ...

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