{"id":700,"date":"2021-04-19T09:00:24","date_gmt":"2021-04-19T09:00:24","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?post_type=studies&p=14073"},"modified":"2021-04-19T09:01:32","modified_gmt":"2021-04-19T13:01:32","slug":"nyc-1br-rents-are-dropping-at-most-major-mta-stops","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/research\/nyc-1br-rents-are-dropping-at-most-major-mta-stops\/","title":{"rendered":"NYC 1BR Rents Are Dropping At Most Major MTA Stops"},"content":{"rendered":"
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Courtesy of Pixabay.com<\/figcaption><\/figure>\n<\/div>\n

New Yorkers living in one-bedroom apartments may be able to save some money should they decide to renew their lease.<\/p>\n

That’s according to RentHop data scientist Shane Lee<\/strong> who mapped out rental prices for one-bedroom apartments by subway stop. Here\u2019s what she discovered for the period of Jan. 1, 2021 and March 31, 2021:<\/p>\n

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  • Rents decreased at 418 out of 473 stops across all train lines.<\/li>\n
  • That\u2019s 88% of the stops we tracked.<\/li>\n
  • Rents increased at just 35 stops in the past year.<\/li>\n
  • Median rent dipped 23% around Lincoln Center \u2014 a short walk from the AMSTRDM where one-bedroom prices dropped over 20% year-over-year (scroll down for more info).<\/li>\n
  • Median rent slid more than 21% at two Delacey St.\/Essex St. stops near the F, J, M and Z lines.<\/li>\n
  • That\u2019s close to The Adele \u2014 310 E 2nd Street, New York, NY 10009 \u2014 which is currently offering 2 months free on a 12-month lease.<\/li>\n<\/ul>\n

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    RentHop also whipped up an interactive map showing all rents, stops, and YoY price fluctuations:<\/strong><\/h4>\n

     
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