The average rent for a studio, two- or three-bedroom apartment in
first quarter, compared to the year before, according to a quarterly report
from brokerage Citi Habitats. Only the average rent for a one-bedroom home
had an average rent of $4,665 per month, a 7.6 percent fall from the opening
quarter of 2007. The average rent for a two-bedroom showed a smaller drop, down
4.9 percent to $3,648 per month over the same period.
fell 2.1 percent to $1,849 per month last quarter, from $1,890 per month in the
first quarter of 2007.
percent to $2,608 per month in the first quarter of the year, compared to
$2,515 per month a year earlier.
in the first quarter, up from 1.13 percent in the fourth quarter of 2007 and
1.12 percent in the first quarter of 2007.