Manhattan rent hits record high above $5,000 per month
- Posted on May 18, 2026
- By Le Monde
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- 1 min read
Manhattan rent hits record high above $5,000 per month
With median rent up 6% from a year ago, the borough is experiencing 'a sharp rise in demand collid[ing] with increasingly constrained supply,' according to US real estate firm Corcoran.
