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Paying the Rent

Paying the Rent

Paying NYC rent can be hard, but it's harder in some areas. Colors show average "rent burden," or the percentage of income spent on rent including heat and electricity. The burden goes up as people pay more relative to what they earn.

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2005
Rent burden    LO IMG HI View key
  • IMGRent burden < 28%
  • IMGRent burden < 31%
  • IMGRent burden < 34%
  • IMGRent burden < 37%
  • IMGRent burden < 40%
  • IMGRent burden 40%+
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Source

Furman Center for Real Estate and Urban Policy, New York University School of Law.


Notes

Figures include subsidized, rent-regulated and market-rate housing.


Median rents in pop-up bubbles are in 2012 dollars and include the amount agreed to regardless of whether furnishings, utilities, or services are included. They also include estimated monthly electricity and heating fuel costs paid by the renter.


"Recent renters" indicate average rents of those who have newly rented in the the previous 5 years, and therefore are less likely to be in rent-regulated apartments.

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https://project.wnyc.org/housing-costs/


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Steve Melendez and Louise Ma / WNYC Data News Team. Follow us @datanews, email us here.


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Paying the Rent

Paying NYC rent can be hard, but it's harder in some areas. Colors show average "rent burden," or the percentage of income spent on rent including heat and electricity. The burden goes up as people pay more relative to what they earn.