(Image courtesy of Renthop)
Want to save money on rent? Don’t live off the 2-3 line.
So at least would be a lesson from the fine content folks over at Renthop, who released a map earlier this week showing median rent by subway stop.
“This year, we’ve seen rents dropping across most of Manhattan Island while prices in the outer boroughs and Upper Manhattan rise due to what appears to be a migration in search of bigger apartments and/or cheaper rents,” the rentals and roommates company wrote.
Here’s a hi-res version of the map:
As you might expect, stations with the most connections command the highest rents, typically, although single-station L and G line stops give them a run for their money.
Here are the year over year price changes in Brooklyn’s three busiest stations, according to Renthop:
- Fulton St (A,C,J,Z,2,3,4,5 Trains) – $3,346 (-0.2% YoY)
- Atlantic Ave – Barclays Center (2,3,4,5,B,D,N,R,Q) – $3,040 (+13.4% YoY)
- Broadway Junction (A,C,J,L,Z) – $2,035 (+16.3% YoY)
We wonder if the new ferry stations will have an impact on the rent calculus in the next year.