New York City Rental Report: Rents Continue To Increase in August 2024 

In August 2024, the median asking rent for all rental properties listed on Realtor.com in New York City was $3,425. In contrast to the overall declining trend seen across the top 50 markets, the median asking rent in NYC continues to rise annually, increasing by $76 or 2.3% compared to a year ago. 

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