Latest Data Indicates NYC Still Expensive AF

Photo: jqpubliq

According to a shocking new report, the cost of renting in New York City is high. The data, provided annually by Apartment List, shows that the average price of a two bedroom is $4,820, making it the highest in the nation. San Francisco came in second at $4,770 followed by Boston, at $3,200.

national-rent-prices-barWhile it’s no surprise that the New York real estate market is one of the strongest in the nation, who are these people who pay four thousand dollars a month for a two bedroom? And how is there enough of them for that to be the median price? That’s seems off the chart for a person like myself who has been renting in the city for a minute. Meanwhile, in the rest of America, the average price of a two bedroom is $1,280. Imagine that.

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