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Other Prime Areas

Furnished Sublets,
Short-Term




Even with a slowing economy and a soft real estate market, some New York City rents are creeping up.

The downtown Financial District, which typically has the highest vacancy rate in Manhattan, has seen rents rise
3.5% on average this year.  The
Midtown Manhattan neighborhoods, the Upper West Side and Upper Manhattan
/
Harlem apartment rents have also experienced rent increases.  The good news is that the rent prices in
Brooklyn, Queens, & the Bronx have remained relatively stable.  The outer boro's also tend to have a higher
vacancy rate than Manhattan making it bit easier to find an apartment.

Renter's need to consider every option (even moving to Brooklyn, Queens, or the Bronx) when looking for a new
apartment, as there are many hidden values to be found!
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