RENTBETTA.com Announces Average Rent in New York City Decreases -4.6% in August
RENTBETTA.com reports a significant decline in NYC average rent by -4.6% in August 2023, signaling a cooling housing market amid broader economic s...
RENTBETTA.com reports a significant decline in NYC average rent by -4.6% in August 2023, signaling a cooling housing market amid broader economic slowdown.NEW YORK, NY / ACCESSWIRE / September 6, 2023 / RENTBETTA.com, a new site offering no fee New York City apartments directly from property managers and landlords, announces average rent decreased -4.6% sequentially in the month of August, a welcome relief for renters. Key PointsNew York City's median rent, a measure which is less affected by changes in the most and least expensive apartments and better shows underlying trends, decreased -6.