Zumper data shows the average price of a 1-bedroom apartment is, Manhattan’s population dipped by 1.3% in June when compared to 2019, with Brooklyn – a hipster redoubt – down by nearly 4% over the comparable period.: In theory, the pandemic-era exodus from both coasts to the Sunbelt region should have cooled demand for rentals and tamed prices. In actuality, the Big Apple is offering virtually no relief to renters at all income levels.
Last year, “many people decided to go to states without state income tax like FL and TX,” Rachmany told Axios, mirroring the migration out of California’s metropolitan cities.