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Rent Hikes Expected To Persist in New York City, at the Cost of Apartment Demand

Supply and Need Imbalance Predicted To Keep Fueling Rent Increases, Poll Shows
A recent webinar poll found that 86% of respondents said they believed rents in New York City would rise at or above its current pace. (CoStar)
A recent webinar poll found that 86% of respondents said they believed rents in New York City would rise at or above its current pace. (CoStar)
CoStar Analytics
September 20, 2023 | 8:43 P.M.

A poll conducted during a recent CoStar New York apartment webinar has found that rents are widely projected to keep rising, despite the possible threat they pose to future renter demand.

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