If an alien landed into New York City and started asking questions, would their first remark be, "Wow, rent here is expensive"?
We're thinking probably. Actually, we're thinking probably not because they might not understand concepts like capitalism. But whatever.
Let's look at the situation with fresh eyes though. Eyes that aren't peering through a lens of frustration after a recent spat of rent payments.
Rent here is objectively ridiculous.
The recently published Semi-Annual Rent Report by CityRealty proves that to be unequivocally true. In NYC's most expensive building, it costs an average of $6,010 per square foot.
A condo was purchased at One57 for $47.8 million.
Were you wondering what other neighborhoods in NYC take costs to the extreme? Where people are paying distorted rents that have nothing to do with reality?
Great. Coming right up. This map, created by Trulia, shows us which neighborhoods the rent for a one-bedroom apartment exceeds $3,000.
The answer? Well, roughly half of the one-bedroom apartments in our psychotic city rent for $3,000 or more. At least we're not alone in our lunacy. This is the case in San Francisco too.
The median rent for a one-bedroom apartment in Manhattan is $3,250. These numbers swell when we hover our rent detector over Midtown, where the median rent costs $4,250.
In Battery Park City, 90.9% of one-bedrooms cost more than $3,000 per month, which is the most concentrated area of $3,000+ rents in Manhattan.
Snagging Manhattan's number dos spot is the Flatiron District, where the median one-bedroom rent is $4,195 and where 90.8 of one-bedroom rentals cost more than $3,000 a month.
Midtown South Central came in third, Hell's Kitchen came in fourth, and Stuyvesant Town came in fifth. Are we that surprised? No, not really.
Trulia also compiled results on Brooklyn's rentals. In Brooklyn's Vinegar Hill, 94.7% of one-bedroom rentals cost more than $3,000, and the median rent is $3,738.
Things simmer down a lot when we reach Downtown/DUMBO, where mercilessly only 57.9% of one-bedrooms rent for more than $3,000, and where the median one-bedroom rental price is $3,100.
Oh, were you curious where else the rent prices have got to be a sick, twisted joke? Great.
Check out Trulia's map, and get your tissues out. Unless you're absurdly loaded. Then, get your checkbooks out, we guess?
Check out There Are More $15K+ Apartment Rentals Than Under $2K in NYC.
[via Trulia]

