NYC 2-Bedrooms Are Nearly 50% More Expensive Than A Year Ago: Study

NEW YORK CITY — Renters on the prowl for a two-bedroom apartment in New York City better be prepared to plop down nearly 50 percent more money, a new study found.

The typical two-bedroom in the city cost $4,400 in August, a whopping 46.7 percent higher than the same point last year, according to a regional rent analysis by Zumper.

And, for those who think they can snag a New York City one-bedroom at Hoboken prices, fuhgeddaboudit.

“New York City was the most expensive market with one-bedrooms priced at $3,930,” the study states.

New York City’s sky-high rents have consistently set records on a near-monthly basis this year.

In July, the average and median effective rents surpassed $5,000 and $4,000 for the first time, according to a Douglas Elliman study.

The Zumper study only looked at median rent, widely considered a more accurate measure of actual price as it can’t be skewed by expensive (or inexpensive) outliers.

But even then, New York City’s rent was by far the highest in the metro area.

Hoboken, the second priciest city, looked positively cheap with its $2,770 rents for one-bedrooms and $3,910 for two-bedrooms, according to the study.

Long Beach ranked third with one-bedroom rent at $2,680 and two-bedrooms at $3,100, the study found.

Renters who want something less astronomical would have to look at Newark, where a typical one-bedroom cost $1,350, according to the study.

Read the full Zumper study here.