Average rent in Manhattan

Average rent in Manhattan,KS

To begin with, the average rent in Manhattan, KS has been steadily increasing in recent years. In 2021, the average rent per month was $955, and in 2022 it rose to $980. Looking ahead to 2023, experts predict that the average rent will reach $1,000 per month. This increase can be attributed to a number of factors such as inflation, rising demand for housing, and a shortage of available rental units. Therefore, finding an affordable apartment or house in Manhattan, KS may become more challenging for tenants in the coming years. However, it is important to note that the cost of living in Manhattan is still lower than many other major cities, making it an attractive option for those looking for affordable housing in a desirable location.

Average rent in Manhattan,KS for 1-bedroom

In 2023, the average rent for a 1-bedroom apartment in Manhattan, KS is expected to increase by at least 5%. Compared to the previous year, this represents a considerable uptick in rental rates. Additionally, over the past decade, the cost of renting in Manhattan, KS has gone up steadily each year, with an average increase of around 3-4% annually. As a result, many renters are now looking at alternative cities and towns in the region. However, Manhattan remains a popular choice due to its high quality of life, excellent universities and colleges, and vibrant local community. Despite the rising rental prices, it’s likely that Manhattan will remain a desirable destination for renters for years to come.

Average rent in Manhattan,KS for 2-bedroom

The average rent in Manhattan, KS for a 2-bedroom apartment is expected to increase significantly by 2023. According to recent data, the average rent is projected to reach $1,200 per month, which is a huge jump from the previous year’s average of $1,050. In fact, this increase will mark a 14% jump from the past five years’ average rental cost of $1,053. Nevertheless, with the significant increase in rent costs comes even more luxurious amenities and apartment features. Therefore, potential renters in the local area will now be gifted with a more expensive but luxurious living experience.

Average rent in Manhattan,KS for 3-bedroom

The average rent in Manhattan, KS for a 3-bedroom apartment is expected to rise significantly in 2023. According to recent studies, the projected average rent for a 3-bedroom apartment in Manhattan, KS is estimated to be around $1,800 per month. This represents a significant increase from the average rent of $1,500 in 2022 and $1,350 in 2021. This upward trend in rental prices can be attributed to several factors, such as an increase in demand for housing, rising costs of living, and limited availability of rental properties. Nevertheless, renters who are seeking affordable housing options in Manhattan, KS may want to consider exploring other neighborhoods and cities outside of the city center. Ultimately, it is vital to research and compare rental prices before making any housing decisions.

Average rent in Manhattan,KS for studio

Over the years, the average rent in Manhattan, KS for a studio apartment has seen a gradual increase. In 2023, it is projected to reach $900 per month, compared to $850 in 2022 and $800 in 2021. However, it’s worth noting that despite the increase, Manhattan still offers a more affordable rental market than many other cities in Kansas. Additionally, there are some amenities included in many rentals that add value, such as Wi-Fi and utilities, which can ease the financial burden for renters. Ultimately, as the city continues to grow and attract new residents, it’s likely that rent prices will rise even further.

Average rent in Manhattan,KS for townhouse

In terms of the average rent in Manhattan, KS for a townhouse, there has been a steady increase over the past few years. In 2023, the average rent for a townhouse is expected to reach $1,400, which is a significant jump from the $1,200 recorded in 2019. However, despite this increase, it is important to note that the rate of growth has actually slowed down over the past year, with only a $100 increase from 2022. It appears as though the rental market for townhouses in Manhattan, KS has reached a point of stability, with the rate of growth slowing down, but still providing tenants with affordable options within the city.

Most expensive neighborhoods in Manhattan,KS

Manhattan, Kansas may be a small college town, but it still boasts some of the most expensive neighborhoods in the area. The neighborhoods of Wildcat Woods and Grand Mere are known for their luxurious homes and prime locations. These areas are not only close to the Kansas State University campus but also offer stunning views of the Flint Hills. The average price of a home in these neighborhoods exceeds $350,000, making them some of the most sought-after and exclusive in Manhattan.

Most affordable neighborhoods in Manhattan,KS

Manhattan, KS offers several affordable neighborhoods for residents looking for reasonably priced housing. The housing options in the neighborhoods of Sunrise Hills and Cedar Glen South are some of the most affordable in the area. These neighborhoods feature a range of housing options that include single-family homes, townhouses, and apartments. With easy access to shopping, dining, and outdoor recreation areas, these neighborhoods provide a perfect blend of affordability and convenience. For families or individuals looking to save money and live in a friendly community, Sunrise Hills and Cedar Glen South are excellent choices in Manhattan, KS.

Most popular neighborhoods in Manhattan,KS

Manhattan, Kansas is home to several popular neighborhoods that offer a unique living experience. The most popular neighborhoods in Manhattan include Bluemont, Downtown, and Old North. Bluemont is a family-friendly neighborhood that features quaint homes, tree-lined streets, and proximity to several parks. Downtown is the center of the city’s social scene and offers urban living options like lofts and apartments. Old North is a historic neighborhood that boasts historic homes, mature trees, and easy access to city amenities. Each of these neighborhoods offers its own distinct charm and appeal, making them great choices for anyone looking to call Manhattan home.

Comparison with other cities

1. New York, NY – $3,414
2. San Francisco, CA – $3,028
3. Boston, MA – $2,498
4. Washington, DC – $2,223
5. Los Angeles, CA – $2,184
6. Seattle, WA – $2,124
7. Denver, CO – $1,780
8. Austin, TX – $1,527
9. Philadelphia, PA – $1,473
10. Nashville, TN – $1,386
11. Minneapolis, MN – $1,355
12. Houston, TX – $1,320
13. Raleigh, NC – $1,233
14. Tulsa, OK – $1,189
15. Omaha, NE – $1,150

FAQ

Q: What is the average rent in Manhattan, KS?
A: As of 2023, the average rent in Manhattan, KS is currently $1,050 per month.

Q: Is the average rent in Manhattan, KS increasing or decreasing?
A: The average rent in Manhattan, KS has been steadily increasing over the past few years.

Q: What factors contribute to the average rent in Manhattan, KS?
A: Several factors contribute to the average rent in Manhattan, KS, which include the location, size, and age of the property, as well as the amenities and services offered.

Q: What type of properties are included in the average rent calculation in Manhattan, KS?
A: The average rent in Manhattan, KS is based on a variety of rental properties, including apartments, townhouses, and single-family homes.

Q: Are there any neighborhoods in Manhattan, KS where the average rent is higher or lower?
A: Yes, certain neighborhoods in Manhattan, KS may have higher or lower average rent prices based on factors such as location, amenities, and demand.

Q: What is the median rent in Manhattan, KS?
A: As of 2023, the median rent in Manhattan, KS is currently $950 per month.

Q: Can renters negotiate rent prices in Manhattan, KS?
A: Renters may have some room to negotiate with landlords in Manhattan, KS based on factors such as their credit score, employment history, and rental history.

Q: How does the average rent in Manhattan, KS compare to other cities in Kansas?
A: The average rent in Manhattan, KS is higher than many other cities in Kansas, such as Topeka and Lawrence, but lower than the average rent in larger cities like Wichita and Kansas City.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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