Chinatown Market Trends

Chinatown, Manhattan, home to the largest enclave of Chinese people in the Western hemisphere, is located in the borough of Manhattan in New York City, USA, bordering the Lower East Side to its east and Little Italy to its north.
With an estimated population of 90,000 to 100,000 people, Manhattan's Chinatown is also one of the oldest ethnic Chinese enclaves outside of Asia, with most of its residents now Mandarin, Min, or Cantonese-speaking and originating from various regions of China. It is one of six Chinatown neighborhoods in New York City and eight in the New York City Metropolitan Area, which contains the largest ethnic Chinese population outside of Asia, enumerating an estimated 735,019 individuals as of 2012; the remaining Chinatowns are located in the boroughs of Queens and Brooklyn and in Nassau County, all on Long Island in New York State, as well as in Edison, New Jersey. In addition, Manhattan's Little Fuzhou, an enclave populated primarily by more recent Chinese immigrants from the Fujian Province of China, is technically considered a part of Manhattan's Chinatown, albeit now developing a separate identity of its own.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios $8,195
1 bedroom $3,469
2 bedrooms $4,358
3 bedrooms $5,766
Listing Price Bed/Bath

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