South Bronx Rent Increases Greatest In The City

Published on March 06, 2017, 8:06 am
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Dropping rents in cities across the country may have left some New Yorkers scratching their heads. Although one-bedroom rents dropped 9.1 percent overall in the city over the course of 2016, they increased substantially in many neighborhoods, according to data gathered by

Especially in the South Bronx, where one-bedroom rents rose most in 2016

In the 15 New York City neighborhoods where rents rose the most, the South Bronx dominates. The once-blighted area has seen a recent surge in development. The New York Times recently named it a recommended place to visit.

One-bedroom rents in the Hunts Point neighborhood rose almost 15 percent, the greatest increase in New York City last year. And while median rents in the South Bronx are still lower than elsewhere, data suggests gentrification is taking hold.


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.