The median rent for one- and two-bedroom apartments in New York City, NY, exceeded 2,100 U.S. dollars at the beginning of 2023. Rents decreased after the beginning of the coronavirus pandemic, by over 21 percent as of December 2020. This trend quickly reversed, and in December 2021, the annual rental growth stood at over 34 percent. In December 2023, renters paid about 2,238 U.S. dollars per month to live in the Big Apple. Among the different states in the U.S., New York ranks as one of the most expensive rental markets.
Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023
(in U.S. dollars)
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/
Apartment List. "Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in New York City, Ny, from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/
Apartment List, Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/ (last visited November 10, 2024)
Monthly rent for an apartment and annual rental growth in New York City, NY, from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1362672/apartment-rent-and-rental-growth-new-york-city/
