Average rent in New York City reaches new record

Thursday, June 11, 2015
NEW YORK (WABC) -- For everyone who complains that the rent in Manhattan is too darn high, now there is proof to back up your rent rants.
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Several studies out show the average rent in Manhattan ranges from $3,500 to $4,000 a month.

That's not much more than the median family income in New York City.
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