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High rents can’t keep renters away from New York

Apartment demand has surged over the past 12 months
A luxury apartment building looks over Brooklyn's popular Williamsburg neighborhood. (CoStar Group)
A luxury apartment building looks over Brooklyn's popular Williamsburg neighborhood. (CoStar Group)
CoStar Analytics
July 16, 2025 | 6:44 P.M.

Rents in certain New York neighborhoods can easily cause someone to pause and rethink their life choices. However, it's clear that the pause is short-lived as renter demand in New York has surged.

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