US EditionNYC rent up 18% since COVID-19, with 5.6% rise in Q1 2025 alone: report – QNS
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NYC rent up 18% since COVID-19, with 5.6% rise in Q1 2025 alone: report – QNS
The median asking rent for apartments in New York City went up 5.6% year-over-year in the first quarter of 2025, from $3,218 last year to $3,397 this year, according to a report by the real estate site Realtor.com. This increase among rental properties listed on Realtor.com continues the trend of the median asking price rising annually since Spring 2022, when it originally returned to pre-pandemic levels. Now, the city's median asking rent is 18…
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