June 9, 2025

New York City renters are feeling the pressure—again. In February 2025, Manhattan’s median rent surged to a record-breaking $4,500, up 6.4% from the same time last year, according to data from Douglas Elliman and Miller Samuel. This milestone sets a new precedent for one of the most competitive rental markets in the U.S., and it’s […]

The U.S. rental market is experiencing subtle yet significant changes that could impact renters in the coming months. After a period of relative stability, February saw the first rent increase in six months, with the median asking rent rising 0.4% year-over-year to $1,607—the largest gain in nine months. While this increase may seem modest, it