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The Cheapest And Most Expensive Neighborhoods To Rent In NYC This Spring

This April, NYC maintained its spot as the second most expensive city to rent in the United States, as rents increased from March levels. Median rents for a one bedroom jumped 3.3% to $3,100, while two bedrooms were up 0.6% to $3,600.

Manhattan

Looking closer at rent changes across Manhattan, the most expensive areas continued to be centered around NoMad/Flatiron ($4,490, +5.2%), Tribeca ($4,450, +6%) and Chelsea ($3,920, +1.8%). Notable dips included the West Village ($3,700, -5.1%), which fell four spots to the ninth most expensive hood in the city, and Murray Hill ($3,300, -1.5%), down four spots to number nineteen.
Overall, the best deals in the city remained as the Lower East Side ($2,450), and Harlem — East Harlem ($1,950), Central Harlem ($2,000), West Harlem ($2,180).

NewYork_MonthlyPriceMedianMap_Spring2015

Brooklyn

A number of neighborhoods in Brooklyn continued to increase through the Spring. While DUMBO and its surrounding areas have cooled off their highs from late last year, higher rents have started to creep further inland, affecting Bedford-Stuyvesant ($1,950), Prospect Heights ($2,600), and Clinton Hill ($2,500) in particular.
Brooklyn_MonthlyPriceMedianMap_Spring2015To keep up to date with rent changes across the country, like or follow us on Facebook ou Gazouillement. In the market for a new place? Search over 41,000 apartments for rent in NYC or 7,300 no-fee apartments NYC on Zumper.

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