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  2. You need to make around $135,000 to rent in New York - AOL

    www.aol.com/finance/around-135-000-rent-york...

    Updated August 22, 2024 at 5:23 PM. Getty Images. New York is expensive—we all know that. But to rent comfortably in the Empire State, you need to make more than $135,000, according to Moody’s ...

  3. Half of renters live somewhere they can't afford - AOL

    www.aol.com/half-renters-live-somewhere-cant...

    In New York City, the average renter has to make almost double the city's median income to abide by the 30% rule. About a third of renters in the city spend more than half their income on rent.

  4. The Average Cost of Rent in Every State - AOL

    www.aol.com/finance/average-cost-rent-every...

    New York. Average Monthly Rent for: Overall: $1,431.58. Studio: $1,331.25. One Bedroom: $1,377.42. Two Bedroom: $1,434. ... Methodology: To find the average cost of rent in every state ...

  5. Rent regulation in New York - Wikipedia

    en.wikipedia.org/wiki/Rent_regulation_in_New_York

    In 1920, New York adopted the Emergency Rent Laws, which effectively charged the courts of New York State with their administration. [ 19 ] [ 20 ] [ 21 ] The rent laws were the result of a series of widespread rent strikes in New York City from 1918 to 1920 that had been sparked by a World War 1 housing shortage, and the subsequent land ...

  6. Affordable housing in the United States - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing_in_the...

    New York City attracts thousands of new residents each year and housing prices continue to climb. Finding affordable housing affects a large portion of the city's population including low-income, moderate-income, and even median income families. [62] Since 1970, income has remained relatively stagnant while rent has nearly doubled for New ...

  7. The Cost Difference Between Renting and Buying in ... - AOL

    www.aol.com/finance/cost-difference-between...

    New York City. Total population: 8,622,467 Median household income: $76,607 Average home value: $756,721 Average monthly mortgage payment: $4,481 Average monthly rent ...

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