NYC Rent Nearly $1K More Than Second-Most Expensive U.S. City: Study

NEW YORK CITY — New York City's nation-leading rent reached another level of too damn high: nearly $1,000 more than the second-highest U.S. city.

The typical price of a one-bedroom in the city cost $4,040 in January, according to a new Zumper analysis.

The price is roughly level with what New York City's median rent has been for months, but looks even more astronomical when compared to Jersey City's runner-up price of $3,220, the study found.

Rent nationally for one-bedrooms stood at roughly $1,500, the analysis found.

"Generally, rent prices continue to trend downward: The national one-bedroom median is a full percentage point lower than its September 2023 peak of $1,511," the study states.

New York City overtook San Francisco as the nation's most expensive rental city during the coronavirus pandemic and hasn't looked back.

Indeed, San Francisco is now the fourth-priciest rental market, with a typical one-bedroom fetching $2,950 in January, according to the Zumper study.

Boston's third-place rent stood at $3,000, the study found.

Here's the top 10 highest median rent prices for January, according to Zumper.

1. New York City — $4,040
2. Jersey City, New Jersey — $3,220
3. Boston, Massachusetts — $3,000
4. San Francisco, California — $2,950
5. Miami, Florida — $2,690
6. San Jose, California — $2,450
7. Los Angeles, California — $2,390
8. San Diego, California — $2,330
9. Arlington, Virginia — $2,300
10. Washington, D.C. — $2,290

Read the full study here.