See Where NYC One-Bedroom Rents Soared Near Subways (Hint: Everywhere)

NEW YORK CITY — Dream of landing the mythical cheap one-bedroom New York City apartment? Best get your walking shoes.

Subway stops across the city saw nearby one-bedroom rental prices skyrocket in the past year, according to a new RentHop study.

Here’s how much things changed — in 2021, only 35 stops saw prices for nearby one-bedrooms increase, the study states. This year, 438 subway stops had rent hikes for surrounding one-bedrooms.

“That’s over 90% of the MTA subway stops in New York City,” the study states.

Major subway stops, in particular, saw the biggest increases in prices for one-bedrooms, the study found.

Typical rent for a one-bedroom near the iconic Grand Central-42nd Street stop — never a cheap area — shot up to $4,141 in the past year, a 33.9 percent increase, for example.

Likewise, typical one-bedroom rent at Atlantic Avenue-Barclays Center stood at $3,775 — a 30.5 percent increase over the past year, the study found.

Indeed, the most dramatic year-over-year increases happened in stops where surrounding neighborhoods have high-rise luxury buildings, the study states.

“This is mostly due to landlords reducing the unprecedented concessions they were offering during the pandemic,” the study states.

Concessions and low prices were features of New York City’s rental landscape after the coronavirus pandemic struck and many tenants decided to ditch the city.

The situation briefly turned into a renter’s market as landlords looked to entice just about anyone into signing leases.

But the good times for tenants are mostly over — now, they have to contend with record-high prices, low inventory of available apartments and bidding wars.

Check out an interactive map of what the typical one-bedroom rent is in an area, along with the year-over-year change:

Other stations that saw some of the largest rent hikes for one-bedrooms were, according to RentHop:

• 72nd Street — 1/2/3 lines — median rent: $3,495 — YoY increase: 34.4 percent
• 103th Street — 1 line — median rent: $3,350 — YoY increase: 34.3 percent
• 96th Street — A/B/C lines — median rent: $3,700 — YoY increase: 33.9 percent
• High Street — A/C lines — median rent: $3,750 — YoY increase: 33.9 percent

• Bedford Park — 4 line — median rent: $1,700 — YoY decrease: -2.9 percent
• Jackson Avenue — 2/5 lines — median rent: $1,832 — YoY decrease: -2.3 percent
• Kingsbridge Road — B/D lines — median rent: $1,663 — YoY decrease: -2.2 percent
• Elmhurst Avenue — E/M/R lines — median rent: $1,763 — YoY decrease: -2.1 percent
• Zerega Avenue — 6/6 Express — median rent: $1,655 — YoY decrease: -1.2 percent

Read the full RentHop study here.