The average rent in Manhattan jumped to $5,249 in November — and may not fall any time soon

The average rent in Manhattan was $5,249 in November, up 19% from last year and the third-highest amount on record, according to a monthly report from brokerage firm Douglas Elliman and Miller Samuel.

​The average rent in Manhattan was $5,249 in November, up 19% from last year and the third-highest amount on record, according to a monthly report from brokerage firm Douglas Elliman and Miller Samuel.