December 13, 2008 – Manhattan Rental Prices and Trends

W303 compiles housing rental pricing information and trends for New York City. Below you will find average pricing and standard deviations for Studios, One Bedroom, and Two Bedroom apartments in Manhattan. You can search and list available Manhattan Apartments at W303 New York, at the For Rent link above.

December 13th, 2008

Studios: 20 Listings, $1,811 Avg, $333 Std Dev
One Bedrooms: 32 Listings, $2,589 Avg, $690 Std Dev
Two Bedrooms: 38 Listings, $3,147 Avg, $1,311 Std Dev
All Rentals: 99 Listings, $2,715 Avg, $1,114 Std Dev

Descriptive statistics – all rentals

count 99
mean 2,714.73
sample variance 1,241,975.08
sample standard deviation 1,114.44
minimum 1129
maximum 7495
range 6366

confidence interval 95.% lower 2,492.46
confidence interval 95.% upper 2,937.00
half-width 222.27

1st quartile 1,997.50
median 2,500.00
3rd quartile 3,020.50
interquartile range 1,023.00
mode 2,500.00

low extremes 0
low outliers 0
high outliers 4
high extremes 2

November 14th, 2008

Studios: 12 Listings, $1,902 Avg, $200 Std Dev
One Bedrooms: 26 Listings, $2,443 Avg, $656 Std Dev
Two Bedrooms: 36 Listings, $3,029 Avg, $1,258 Std Dev
All Rentals: 96 Listings, $3,076 Avg, $1,976 Std Dev

Descriptive statistics – all rentals

count 96
mean 3,076.30
sample variance 3,904,562.93
sample standard deviation: 1,976.00
minimum 1100
maximum 18700
range 17600

confidence interval 95.% lower 2,675.93
confidence interval 95.% upper 3,476.68
half-width 400.37

1st quartile 2,100.00
median 2,685.00
3rd quartile 3,412.50
interquartile range 1,312.50
mode 2,100.00

low extremes 0
low outliers 0
high outliers 2
high extremes 2

keywords: new york city, housing, rental, pricing, trends, data, analysis