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Mapping Rental Prices Along New York's Transit Lines
A fun, if not conclusive, exercise in layering the country's most famous transit map with data from the real estate market.
"You can pay up to $845 less per month by adding one extra subway stop and 2 minutes more to your daily commute," reports Nicole Levy.
That information comes via a new study by the apartment rental listings website RentHop, which warrants caution, given how much data is missing from RentHop's portrayal of the city's rental market.
RentHop's data does, however, reveal interesting patterns of rental disparity of along transit lines. Levy shares the headlines:
…the city's most expensive one-bedroom rentals can be found near the 23rd Street station on the 1 line, where the median price is $4,000 a month.
The most affordable are in the Bronx on the 5 and 6 lines, where the median is $1,250 near the Gun Hill Road and Pelham Bay Park stations.
All of RentHop's findings are laid out in an infographic that could distract the attention of those interested in real estate and transit for hours.
Published on Friday, April 29, 2016 in
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