Are You a New Yorker Crushed by Soaring Rents? Tell Us Your Story
The typical city-dweller is feeling the squeeze, shelling out more than half their income on rent.
New York renters are getting squeezed more than ever as apartment costs continue their relentless climb across the five boroughs. Have you been hit by massive rent hikes? Share your story with us.
Prices have been rising sharply since 2022, when people who had fled the city during the Covid lockdown came flooding back. The rent surge has highlighted a critical shortage of housing that’s within reach of everyday New Yorkers — meaning non-millionaires. In a city where about 70% of its residents lease their homes, the affordability crisis has taken center stage in the upcoming mayoral race. Zohran Mamdani’s pledge to freeze costs on rent-stabilized apartments helped him clinch the Democratic nomination this summer.