Manhattan rents level off, Jersey City vs. Hoboken, & more

By Austin Havens-Bowen | September 30, 2022 - 3:30PM

This week readers visited Brick Underground to check out what's happening with New York City's rental market. In Manhattan, the median rent dropped by a mere 1 percent in August—making it the second-highest rent in history, according to the Elliman Report. Brooklyn and Queens also saw record-breaking rents last month.

Also of interest: Thinking about moving to Jersey City or Hoboken? We've got a comparison of the types of housing and pricing you'll find there.

Here are this week's top five posts:

1) A housing lottery opens for 145 apartments near the Astoria waterfront

2) Betting Manhattan rents will fall from record heights, renters shun longer leases

3) Jersey City vs. Hoboken: Which neighborhood is for you?

4) Sky-high prices and rising mortgage rates shrink NYC starter-apartment sizes

5) What are some tips for buying a NYC co-op or condo when mortgage rates are rising?

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

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