Report: Average NYC Rent Passes $3000
The average rent for an apartment in New York City (excluding Staten Island) is $3,017 a month. This is the first time the average rent has exceeded $3,000.
“The average New York rent was more than 50 percent higher than second-place San Francisco, where rent grew 1.1 percent from the first quarter to $1,998.82,” reports Reuters. “Oklahoma City was the cheapest market, at an average of $571.03 a month, up 0.6 percent
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