Nicole Alarcon
August 26, 2026
NEW YORK CITY (PIX11) — Anyone looking for an apartment in New York City right now knows it’s almost impossible to find something at a reasonable price.
And when they do, it’s often units that require constant repairs.
The average rent in Manhattan hit a high of $6,555, with studios and one‑bedroom apartments reaching a record $5,486. Two and three‑bedroom rents also continued to climb compared to 2025, according to a report by the Corcoran Group.
Studios and one‑bedrooms are averaging $4,302, in Brooklyn, rising 6% over the past year with recorded data since 2023. Two‑bedroom rents increased 2% annually to $5,547, and three‑bedroom rents remained unchanged from last July at $7,161, according to the same report.
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