New York City rents have overtaken San Francisco as the most expensive in the US, a sign the Big Apple is outpacing the West Coast tech hub’s financial recovery.
The median one-bedroom rental in the boroughs is now $2,810, compared to a midway price point of $2,800 in the Golden City, according to a new study by online rental platform Zumper.
It’s the first time New York has outpriced San Francisco since Zumper started tracking data in 2014, as many New Yorkers that fled the city amid COVID-19 concerns have returned, according to the study.
“People returned to New York as indoor dining and other urban
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