Manhattan rents dropped 3 percent in a year, while Brooklyn rents rose nearly 4 percent, a report said.
Median rents on the UES have gone down to $2,200, the fourth drop in five months, reports show.
Manhattan's median rental price has slipped since 2012, a real estate report released Thursday said.
Renters are opting to renew leases instead of making a move, real estate experts say.
Realtors said landlords citywide are offering deals including lower rents on 18-month leases.
The average rent hit $3,778 a month, the highest in two years, according to Prudential Douglas Elliman.
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