NYC surpasses SF for nation's highest rent


The New York Post is reporting that rents in the Big Apple have skyrocketed. The average monthly apartment rent is now more than $3,000 for the first time.

In second-place, San Francisco isn't even close at nearly $2,000 a month.

In contrast, the average national apartment rent is a little over $1,000, or about one-third the New York average.

That's according to Reis Incorporated, a real estate research firm

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