< All Market Reports

Elliman Report: Manhattan, Brooklyn & Queens Rentals 6-2014

MANHATTAN The Manhattan rental market continued to challenge consumers with rising prices, falling vacancy rates and declining use of landlord concessions. Median rental price increased 3.3% to $3,300 from the same month last year, the fourth year-over-year monthly increase and the highest level in more than 5 years…

BROOKLYN Brooklyn rents remain near record highs, but rents have been stabilizing over the past 6 months. Median rental price posted a record 13 consecutive year-over-year monthly increase, rising 2.3% to $2,800. The June median rental price remained essentially the same since January…

QUEENS After 4 consecutive months of year-over-year gains in median rental price, the northwest region of Queens, including Long Island City, Astoria, Sunnyside and Woodside, slipped 0.5% to $2,830 from the same month last year, but remained on par with Brooklyn levels…

Download Now

Get Weekly Insights and Research

Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
millersamuel.com/housing-notes
Joined October 2007