The website looked at rent prices at 15 cities in the NYC metro area from September, and compiled a list of the most and least expensive places to rent a one-bedroom apartment in the area.
Here are the main takeaways:
- You'll need about $3,950 a month if you're hoping for a one-bedroom apartment in New York City any time soon.
- The city itself was followed by Hoboken and Jersey City, where rent prices average $2,830 and $2,650, respectively, for the most expensive places to live.
- The three most affordable cities were Newark, East Orange, and Bridgeport, CT, where rent averages $1,350, and $1,500, $1,560, respectively.
- In the last year, rent increased by about 50 percent in Jersey City, the steepest in the area, and West New York saw rent climb about 47 percent.
- Rent went down by 10 percent in Long Branch and three percent in Yonkers, NY.
Click here for the full report by Zumper.
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