New York was named the city with very expensive rent … again

New York was named the city with very expensive rent … again

From time to time on the Internet remember that renters in the Big Apple lives an extremely hard time, because the price of rent in this city is incredibly high. However, residents of new York are trying to console themselves that they at least paid less than their counterparts sufferers of San Francisco.

Service rental real estate Abodo has published its annual rating of cities with the most expensive lease in 2017. A leader in it, as last time was the city by the Bay, but second place went to our beloved new York, and to congratulate it doesn’t want to.

New York was named the city with very expensive rent … again

According to in the Big Apple, the average rent for an apartment with one bedroom in 2017 amounted to $2,811, which, anyway, is the considerably smaller amount compared to San Francisco, where landlords are asking an average of $3,333 for an apartment of the same type. In principle, a two-bedroom apartment last year in new York had to pay $3,234, which is still lower than in San Francisco, so new York still do not surpass the California a leader in housing prices. And the glory of God.

In addition to General feelings of mild Schadenfreude towards the people of San Francisco, the study Abodo gives the inhabitants of new York city another reason to celebrate. According to information received during the rating data, the average rent decreased by approximately 4.5 percent in 2017 compared with 2016, that is a sign that the collective nightmare of all tenants may sooner or later end. (In any case, no harm in dreaming, as they say).

Besides new York and San Francisco in the TOP 5 of cities with the highest rents were also hit by San Jose (3rd place), Boston (4th place), and Washington, D.C. (5th place). All who live in these cities probably envy the inhabitants of the city of Fort Wayne, where for a one bedroom apartment per month you pay only $526, which is lower than even the most generous offers in the affordable housing program in new York. The same pattern can be observed in Detroit ($534 per month for a 1 bedroom apartment), Wichita ($536 per month), Toledo ($545 a month) and Lubbecke ($580 per month).

New York was named the city with very expensive rent … again

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