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Alex Damianou
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2 likes • 0 comments • 11 views • 1 download
NYC Asking Rents and Median Incomes (Q2 2022)

Rent affordability is deteriorating in NYC and it's five boroughs. The city is probably one of the most difficult places in the world to rent in, with minimum credit scores of 700 and incomes of 40x rent.


Comparing soaring asking rents to median incomes indicates tenants won't have much disposable income left over after covering rent.


#housing #rental


Details at StreetEasy & US Census Bureau

Source: StreetEasy, US Census Bureau


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