NYC Roommate Rent Skyrockets 20% In A Year, Study Finds

NEW YORK CITY — Rent rose so much in New York City last year that it almost doesn't matter to have a roommate, a new study indicates.

Even with roommates, New York City tenants paid the most monthly rent in the U.S. — $1,559 on average — during the last three months of 2022, the SpareRoom study found.

The city's average monthly share of rent with a roommate increased 20 percent from the same point in the previous year, according to the roommate matching site.

And roommate rents in some neighborhoods went from expensive-but-still-theoretically-doable to flat-out ridiculous, according to the study.

An apartment in Gramercy Park, for example, cost $2,051 per roommate as 2021 closed, the study found. One year later, the neighborhood's average roommate rent stood at $2,936.

But, thankfully, not all New York City neighborhoods saw roommate rents rise to stratospheric levels.

An apartment in Elmhurst would cost $881 per roommate, the study found.

For those interested in knowing roommate rents for, say, Bed-Stuy, another SpareRoom study has more data. (It's $1,306.)

Read the full SpareRoom.com study here.