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Research and Studies

Research & Studies

New York City, NY
New York City, NY
New York Still Unaffordable in 2018
Updated 5 months ago
East Harlem, LES, and Bed-Stuy Among Top NYC List of Unaffordable Neighborhoods In 2018, finding an apartment in NYC continues to be the easiest part of the process-- affording one, however, remains the hardest part. With median asking rents that vary from expensive ( $1,975 for a 2-bedroom in…
The Effects of the 2016 Election on a Single Trump Building
Updated 6 months ago
In the 2016 elections, Hillary Clinton won New York City with 79% of the vote. In Manhattan, that number was 86.6%. On the island where Donald Trump first made a name for himself as a real estate developer, fewer than 1 in 5 residents voted for him. We decided to look at this situation through…
Rats Continue to Thrive in New York City Especially During Summer
Updated 6 months ago
Have you ever come across a group of rats carrying bits and pieces of leftover food while scurrying across the empty pavement on your way home? As New Yorkers, most of us have had a fair share of unexpected run-ins and incidents with rats. It is widely known that rats are rampant in the city…
Is New York City Finally Getting Cheaper?
Updated 7 months ago
Next Stop - Lower Rent New York's MTA subway system is an essential part of many New Yorkers' lives. With as many as 5.7 million riders each weekday, it truly is the backbone of the city. It should be no surprise then, that it is one of the first things that people consider when looking to rent…
Moving 2 Blocks Outside Of Your Current Neighborhood Could Save You A Lot In Rent
Updated 8 months ago
Throughout the past year, we've seen a mix of neighborhoods becoming more expensive while others have developed more stabilized rents for its tenants. Finding affordable apartments in NYC is a difficult and daunting task. That's why we here at RentHop dived into street boundaries to determine…
A 10 Minute Walk Could Be Worth 10% Off Your Rent
Updated 11 months ago
NYC Rental Prices by Subway Proximity   If you're like most New Yorkers, you (unfortunately) rely heavily on the subway to get you where you need to go. As such, proximity to the nearest subway is a determining factor when choosing your next apartment. With the subway as the backbone of the city…
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Cold Weather, Lack of Heat Hits Less Expensive Neighborhoods Harder
Updated 11 months ago
The Same NYC Neighborhoods and Addresses are Suffering Again This Year   In case you hadn't noticed, it's been cold outside. Bitter cold was the theme of the first week of 2018, with more cold New Yorkers in the past week than in any previous year on record. Actually, the nearly 30,000 complaints…
2018 Heat Complaints
Home Buyers In Most NYC Neighborhoods Are Borrowing Less
Updated 12 months ago
In a Show of Financial Health, Down Payments Increase as Sales Volumes and Prices Increase Purchasing a home is one of the most memorable, rewarding, and anticipated moments in many peoples' lives. As our world changes in many ways, the desire to own a home hasn't subsided; home prices are rising…
Median Sale Price vs Leverage Amount
NYC 3rd Quarter 2017 Rent Report and Trends
Updated 14 months ago
Rents Stabilizing in Manhattan as Rents Rise in Bronx, Queens New York City is internationally known for its posh apartments and luxurious living. This, of course, comes at a price. For the 3 rd Quarter of 2017 that price is $3,025 asking rent for a median one-bedroom apartment anywhere in the…
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Building Ages and Rents in New York
Updated 17 months ago
Over the past few years, New York has been experiencing a residential building boom. In 2016 alone, over 23 thousand new dwelling units (6,900 in Manhattan) were completed. If you've been looking for a new apartment, you've probably noticed some of the new high-rises that have popped up around…
NYC Buildings by Decade
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