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NYC one-bedroom rents hit $2,980/month, an all-time high
5
And two-bedroom rents increased at an even higher rate
By Valeria Ricciulli Jun 3, 2019, 3:46pm EDTSHARE
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Shutterstock
We know that housing costs in New York City are astronomically expensive—but a newreport has confirmed how high they’ve gotten.
Real estate listing site Zumper released its June national rent report, which once again placed New York second place in a top 10 of the highest one-bedroom median rent prices in the country, after San Francisco.
Median rent for one-bedrooms in New York City, according to the report, grew 4.6 percent last month, reaching $2,980—the highest it has been in at least three years, the report says. In terms of two-bedroom apartments, they grew at an even higher rate of 5.1 percent, reaching $3,300.
The last time NYC reached a peak was last July, when one-bedroom median rent was $2,900.
Zumper looked at 100 cities in the country and used data from over one million listings. The report’s top five markets with the highest June one-bedroom rents includes San Francisco at $3,700, New York at $2,980, Boston at $2,500, San Jose at $2,430, and Los Angeles at $2,250.
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Courtesy of Zumper
NYC one-bedroom rents hit $2,980/month, an all-time high
5
And two-bedroom rents increased at an even higher rate
By Valeria Ricciulli Jun 3, 2019, 3:46pm EDTSHARE
We know that housing costs in New York City are astronomically expensive—but a newreport has confirmed how high they’ve gotten.
Real estate listing site Zumper released its June national rent report, which once again placed New York second place in a top 10 of the highest one-bedroom median rent prices in the country, after San Francisco.
Median rent for one-bedrooms in New York City, according to the report, grew 4.6 percent last month, reaching $2,980—the highest it has been in at least three years, the report says. In terms of two-bedroom apartments, they grew at an even higher rate of 5.1 percent, reaching $3,300.
The last time NYC reached a peak was last July, when one-bedroom median rent was $2,900.
Zumper looked at 100 cities in the country and used data from over one million listings. The report’s top five markets with the highest June one-bedroom rents includes San Francisco at $3,700, New York at $2,980, Boston at $2,500, San Jose at $2,430, and Los Angeles at $2,250.
NYC one-bedroom rents hit $2,980/month, an all-time high
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