Median rents in New York City decrease for one- and two-bedroom apartments

Renters of two-bedroom apartments in 2018 finally get some relief after several months of rent hikes. Going into April, the national median two-bedroom rent is down 0.56 percent since January, to $1,247. Median one bedroom rent in New York City hovered around $2,773, a 0.25 percent drop, while median two-bedroom rents averaged $3,253 a month, a decrease of 1.08 percent. That's welcome news considering spring and summer months are peak times for movers in Manhattan and the surrounding boroughs.…

from Real Estate Top Stories on DNAinfo - Monday, April 2, 2018 | 3:13pm & Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com https://ift.tt/2H5Qu9U
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