New York City Rental Report 2025Q1: The Pricey Get Pricier-All New York City Boroughs Experienced Year-Over-Year Rent Growth

Highlights – In 2025Q1, the median asking rent in New York City registered at $3,397, an increase of $179, or 5.6%, compared with a year ago. – The median asking rent for 0-2 bedrooms in New York City was $3,365, reflecting an increase of $226, or 7.2%, from the previous year. Rent for 3-plus bedroom
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