Jan. 26, 2024 By Ethan Marshall The median rent price for one-bedroom and two-bedroom units in New York City both went down from December 2023 to January 2024, marking the first time since May that these prices went down month-over-month, according to a report by the real estate firm Zumper. The median rent for one-bedroom units in New York City decreased 2.9% from $4,161 in December 2023 to $4,040 in January 2024. Over the same period of time, two-bedroom units saw the median rent dip 6%, from $4,798 to $4,510. Despite the month-over-month decrease, New York City maintained its number…
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Tag: zumper
Median price of one-bedroom units in NYC at all time high of $4,300 in November: report
Nov. 29, 2023 By Ethan Marshall The median rent price for one-bedroom units in New York City rose to an all-time high of $4,300 in November 2023, according to a report by the national real estate firm Zumper. This new high comes shortly after the median rent rose to above $4,000 for the first time…
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Zumper report shows NYC has the highest rent among 25 cities examined
Oct. 12, 2023 By Ethan Marshall Zumper released its latest New York City Metro Report, which examines and compares the rental trends for one-bedroom units in several metro cities. According to the report, New York City had the highest median rental price for one-bedroom units last month, at $4,080. New York City’s median rental price…
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Zumper reviews what NYC’s $4K rent can get tenants in other cities
Oct. 2, 2023 By Ethan Marshall Following the results of Zumper’s most recent national rent report showing the median cost of rent for one-bedroom units in New York City surpassing $4,000, they decided to review what that amount of monthly rent can get people in other cities across the United States. A total of 10…
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National rent report shows median price of one-bedroom units in NYC are now over $4K
Sep. 27, 2023 By Ethan Marshall According to Zumper’s latest National Rent Report, the median rental price for one-bedroom units across New York City has risen above $4,000. New York City retained its rank as the most expensive city to pay rent among the 100 cities included in the study. One-bedroom units in New York City set a new record with the rent increasing 2.3% from August to September to $4,080. This also represented a 3.3% increase from September 2022. This rent is nearly 29% more than the next-highest on the list, Jersey City, which has a one-bedroom rent of…
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National report indicates rental prices for one-bedroom apartments in NYC increased since last month
Aug. 29, 2023 By Ethan Marshall Zumper recently published its National Rent Report for August 2023, which indicated that the median price for one-bedroom apartments in New York City has increased to an all-time high. The $10 increase compared to the previous month brings the median total up to $3,990. Of the 100 cities included…
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Pet-friendly NYC homes pay $250 extra in monthly rent, study says
Aug. 17, 2023 By Ethan Marshall A data study performed by Zumper to determine the most pet-friendly cities across the United States saw New York City rank 95th out of 100 cities on the list. The low ranking in the study was thanks in large part to the conclusion reached that determined residents who reside…
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Real estate platform finds rents slowing, though not decreasing throughout New York City: report
Jul. 26, 2023 By Julia Moro Real estate platform Zumper released a report analyzing staggering rental prices that continue to break records, finding huge disparities between rents across 81 neighborhoods in the city. Throughout the city, the median rent for a one-bedroom is $3,980– which is more than twice the national median. According to Zumper,…
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