Per Bloomberg
NYC Rent has Risen 19% in the Last 12 Months Compared to the 12.3% National Average
10/28/2022
New York City rents have increased by 19% over the last 12 months compared to the 12.3% national average rent increase. Average Manhattan rent was $2,804 in February and increased to $3,998 in August based on Zillow rental index data.
Increases in other states compared to a year before:
- Los Angeles - $505
- San Francisco - $408
- Seattle - $218
- Atlanta - $193
- Lincoln - $138
- Nebraska - $138
Per Zillow rental market trends data
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