(DNAINFO) Amy Zimmer | March 10, 2016 — New York has grown increasingly unaffordable, a report says.
Can you afford $3,482 a month for a one-bedroom or $5,044 for a two-bedroom?
If not, you are not alone.
New York City rents have grown increasingly unaffordable, experts said. Even the landlords know it.
The rents listed above were the median in Manhattan for February, according to a report released Thursday from Douglas Elliman, which also found that landlord freebies, like a free month’s rent or paying the broker’s fee, doubled to 19 percent, its highest point in nearly 6 years.
Though the median rent for Manhattan’s one-bedrooms barely grew from the past year, increasing a mere 0.2 percent, and the median rent for two-bedrooms decreased 4 percent from the year before, these rents are still out of league for many New Yorkers.