You Need to Earn $130K to Rent a 1-Bedroom By Yourself in Manhattan

July 24, 2024 | admin

(DNAINFO)  Amy Zimmer | November 10, 2015 — if you’re planning to live alone and rent a one-bedroom in Manhattan, you’ll have to earn roughly $130,800 a year.

That’s 40 times the amount of September’s median monthly asking rent, which was a record $3,271, according to real estate search engine Streeteasy. Many landlords require tenants earn 40 times the rent in order to sign a lease.

Those looking in Brooklyn have to be high earners, too: median asking rents for one-bedrooms were $2,200 a month, meaning someone would have to earn $88,000 a year to pay that.

Lynn, a 35-year-old graphic designer, moved to the city 13 years ago, first to Bushwick, then to Boerum Hill, Park Slope, and Carroll Gardens, always living with friends or boyfriends.

Source: You Need to Earn $130K to Rent a 1-Bedroom By Yourself in Manhattan – Upper West Side – DNAinfo.com New York

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