New York City rents a median of $1.847 a month, according to a new study by RealtyTrac.
The median rent in Manhattan was $1 to $2,095 a month.
The highest rents are in the upper East Side, where the median is $2.1 to 1,846 a month and the lowest is in the Bronx, where it’s $1 a month in Brooklyn.
The median rent for a one-bedroom apartment in Manhattan is $1 million to $1 billion.
The New York State average is $937 a month but many apartments are more expensive.NYC rents a mean of $4,068 a month on average, with some apartments averaging as much as $9,000 a month (in Brooklyn) or more.
Rents for new apartments rose 2.5 percent to $9.9 million in the year ended March 30, according the survey, which was done for Realty Trac by the real estate consulting firm Zillow.
The survey covers New York, Queens, Brooklyn and Staten Island.
Rents for condos increased 1.5 percentage points to $3,859 a month as of March 30.
The average monthly rent in Brooklyn rose 2 percent to more than $1-million.
Rental growth is concentrated in the East and the Upper West Side, while the average rent in the Manhattan area fell 2.1 percent.
The average rent for one- and two-bedroom apartments in Manhattan rose 1.9 percent to nearly $2 million, while in Queens, where rents are lower, it was 2.6 percent.
Renters in Queens can expect to pay a median rent of $2-3 million a year, but in Manhattan they’ll pay a much higher rate of $5-6 million.
The study found that rents in the city have more than doubled since the recession.
New York had the second highest rent increase in the nation, and the third highest of any metropolitan area, with median rents rising 8.7 percent to an average of $3.3 million.
Rent growth has slowed since then.
The report shows that Manhattan renters saw their median rent increase by nearly 10 percent, while renters in the suburbs and in the South saw their rents fall.
New Yorkers who live in the West and the South also saw their rent increases rise, but less than in the rest of the city.
Rent growth in the metropolitan areas has been much higher in the last decade.
Rent growth fell 6.9 percentage points in the Northeast in 2010, but it rose 9.4 percentage points over the past year.
The largest increases were in the Bay Area and the Pacific Northwest.
New York’s median rent has increased more than 12 percent since the early 2000s.
In the city’s West Side neighborhoods, median rents increased 7.2 percent between 2010 and 2016.
The most expensive areas were in lower-income areas like South New York and East Harlem.