And Aren’t Mean
Average Manhattan Monthly Rent Rises to Record $5,588
The Hill | 08/10/2022 | Miranda NazzaroThe average monthly rent in Manhattan rose to a record $5,588 in the month of July as inflation and higher interest rates push rental prices to new record levels, according to a report from Miller Samuel and Douglas Elliman.
Manhattan’s new average monthly rent of $5,588 is up more than 9 percent from last year, when rent was $5,113, according to the report. The median rental price also reached a new high of nearly $4,400, up more than 6 percent from last year, marking the fourth time in five months Manhattan has hit a record. The report found the average rental price per square foot also increased 4.3 percent over the past year to a new high of $84.74.
The new average rental price is $3,278 for a studio, $4,443 for a one-bedroom, $6,084 for a two-bedroom, and $10,673 for a three-bedroom, the report found.
Are they factoring in the illegal aliens who pay nothing? Oh, wait — those rents are being paid. By taxpayers. Driving the monthly price ever steadily up. Bottomless pockets cause inflation. Just ask universities.
Median..where you stand on the roadway while thinking how you cant pay the rent this month..
And suddenly..they were gone and it became Tijuana New York…got hardworking people spreading out and packing up..
“And Aren’t Mean”? You gotta be kidding. Those rent price are about as mean as you can get.