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Rent Up 22% in New York State, 34% In NYC Since Start of 2021
Rent in New York has increased by 22% since January 2021, according to a report by QuoteWizard.
Since 2019, rent has gone up by 14%.
According to the report, there are nearly 3.5 million renter-occupied housing units in New York. Compared to the rest of the United States, New York has the highest percentage of housing units that are rented at 46.5%.
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