Iwant to be part of it, New York, New York — but does that mean it’s easy?

According to the latest Douglas Elliman and Miller Samuel numbers, it certainly isn’t — at least when it comes to affording rent.

Average and median rents once again hit record new highs in Manhattan in November — signaling that affordability in the borough is slipping farther and farther out of reach.

Average rent is now at a jaw-dropping $5,686, up 13% from a year ago. In November 2024, average rents were at $5,047. In October 2025, average rents were at $5,651.

Meanwhile, median rent climbed to $4,750, also up 13.1% for $4,200 last November. In October 2025, median rent was roughly $100 cheaper — at $5,651. And the price per square foot edged toward the once-unthinkable threshold of $100. The previous Novem

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