Rent High And Continues To Rise In New York, NY, Boston, MA, And San Francisco, CA
According to Dwellsy’s March data report, apartment rent has slipped slightly downward. But in some expensive cities, renting even a one-bedroom place will cost you plenty. If you back up and look at the year-over-year change for one-bedroom apartments, you’ll see that median asking rent has decreased 0.1 percent—which is (wait for it!) $1.00—since March of 2022. From February to March it decreased by 0.5 percent, or $7.00. (Hey, he never said you were getting rich—but every little bit helps, right?) “The good news for cash-strapped renters is that these decreases are part of a longer-lived tr...