Real Estate Special Report

These cities have the highest rents in the country

2.  New York City

New York City Rent
2
  • Median price for 2-bedroom: $4,450

Living in the Big Apple certainly isn't cheap.

And rent prices have been increasing thanks to strong rental demand and a shortage of available housing.

But the rise is expected to slow as new developments come online.

Related: Inside New York's $500,000 a month rental (credit cards accepted)

First published April 1, 2016: 1:24 PM ET
Source: ApartmentList.com
ApartmentList.com is an online rental marketplace with millions of apartment listings. For this report it analyzed its listings to determine the median rental price for two-bedroom apartments in the 100 biggest cities in the nation.

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