Mortgage rates are still high in New York, so are more people looking to rent?
Caleb Silver from Investopedia has the Real Deal on the rental market in New York and where you might be able to score a better deal. “After steady increases in the state of New York, rental prices are finally starting to level off, when we look at the counties we track,” says Silver. “The vacancy rates vary from county to county of open and available apartments."
If you notice a rental on the market for a while, you may be able to negotiate a better deal or even a free perk like parking.