The rent gap
Median gross rent in Financial District (Manhattan) is $3,501+, 3.0 times the $1,156 in Melrose (Bronx). The Census top-codes high rents, so the real gap is wider.
Census ACS 2020–2024 5-year, 55 PUMAs
New York is a city of renters: 67% of households rent their home. The citywide median gross rent is $1,821 a month, and 52% of renter households are rent-burdened, meaning they spend 30% or more of their income on rent.
Ride the Q from the Upper East Side to Coney Island. At each stop the card compares that neighborhood with all 55. Dots on the map are 9,551 buildings with city-financed affordable units (blue = new construction, teal = preservation).
Click a stop to go there. The dashed line is the NYC value.
Each dot is a neighborhood (Census PUMA). The dashed line is the least-squares fit.
ACS 1-year estimates in 2024 dollars (CPI-U).
Median gross rent in Financial District (Manhattan) is $3,501+, 3.0 times the $1,156 in Melrose (Bronx). The Census top-codes high rents, so the real gap is wider.
Census ACS 2020–2024 5-year, 55 PUMAs
Across neighborhoods, the share of rent-burdened households has a strong negative relationship with median income (r = -0.79) and a strong negative relationship with median rent (r = -0.75). The cheapest places to rent are often where rent takes the biggest bite out of income.
Census ACS 2020–2024 5-year, 55 PUMAs · Pearson correlation
In 39 neighborhoods, at least half of renter households spend 30% or more of income on rent. Citywide the share is 52% (± 0.4 pts), and 29% spend half or more.
Census ACS 2020–2024 5-year, 55 PUMAs
In 2024 dollars, NYC's median gross rent went from $1,629 to $1,811. The biggest change was in Brooklyn (+18%), the smallest in Bronx (+3%).
Census ACS 1-year, 2011–2024 · CPI-U adjusted
Since 2014, NYC's housing plans have counted 320,946 affordable units, new and preserved. Bronx has the most (33%). Per renter household, Co-op City (Bronx) leads with 559.3 units per 1,000.
NYC Open Data, Affordable Housing Production by Building (HPD)