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New York apartment rent growth rebounds in the first quarter

Increase arrives after a relatively flat performance in the six months prior
The average rent in New York increased by 1% in the first quarter to $3,272 per month. (CoStar)
The average rent in New York increased by 1% in the first quarter to $3,272 per month. (CoStar)
CoStar Analytics
April 17, 2025 | 5:57 P.M.

Apartment rents in New York are increasing again, albeit at a faster rate during the first quarter of 2025.

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