Rental prices in Koreatown, Manhattan, NY have increased by 15.16% over the past year. The average rent moved from $4,058 to $4,673.
Check out the average rent in Manhattan.
The national average price of rental apartments is $1,745, while the average monthly rent in Koreatown, Manhattan, NY is $4,673.
The average monthly rent for an apartment in Koreatown, Manhattan, NY is around $4,673.
The average rent in Koreatown, Manhattan, NY is $4,934.
In Koreatown, 78% of the residents are renting compared to 22% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 74% of Koreatown's rentals, 24% are small-scale complexes with under 50 units, and 0.9% are single-family rentals.
In total, Koreatown, Manhattan, NY has 2,096 residents, 1,078 women and 1,018 men, per U.S. Census recent estimates. Statistics show that the median age of Koreatown’s population is 34.
There is a total of 1,099 households in Koreatown, Manhattan, NY. Of these, 137 have children and 961 are without children. Per Census Bureau’s most current estimates, 341 family households and 758 non-family households live in this area. The size of a household in Koreatown is 1 people, on average. The median household annual income in Koreatown equals $128,218, and the monthly housing costs equal $3,060.
According to data from the U.S. Census Bureau, 2% of the population in Koreatown, Manhattan, NY have no high school education, 16% went to high-school, and 11% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 40% hold a Bachelor Degree, and 28% hold a Graduate Degree.
