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When it comes to finding an apartment in New York, location is everything. Turns out, that by modifying that location just slightly you can end up saving a lot of money.
The number crunchers at Renthop have once again released a map this year showing the median one-bedroom rent prices off of every subway stop in the city. In a few areas, you can see drastic price drops between just one stop.
For instance, if a renter was willing to travel just one additional stop to 125th St on the 1 train from 116th St, they’d see a median price drop of $823. Overall, median rent prices dropped over much of Manhattan, and rose in the outer boroughs.
Check out a summary of the busiest subway hubs (including year-over-year change) and the 2017 map below.
Union Square 14th St (4,5,6,L,N,Q,R,W Trains) – $5,265 (+9.1% YoY)
Times Square 42nd St (1,2,3,7,N,Q,R,S,W Trains) – $3,468 (-3.7% YoY)
West 4th St (A,B,C,D,E,F,M Trains) – $3,395 (-15.1% YoY)
Herald Square 34th St (B,D,F,M,N,Q,R,W Trains) – $3,350 (+3.1% YoY)
Fulton St (A,C,J,Z,2,3,4,5 Trains) – $3,346 (-0.2% YoY)
Atlantic Ave – Barclay’s Center (2,3,4,5,B,D,N,R,Q) – $3,040 (+13.4% YoY)
Broadway Junction (A,C,J,L,Z) – $2,035 (+16.3% YoY)