New York isn’t exactly known for its affordable rent, but these statistics in a new report by StreetEasy are pretty astounding, regardless. A mere .03 percent of NYC apartments on the market are affordable for people making minimum wage. In this case, “affordability” is considered less than 40 percent of the income of a worker making $8.75 an hour, 40 hours a week.
In the map below, you can see the neighborhoods that had the highest amount of affordable inventory of 1, 2 and 3 bedrooms. The highest number of affordable units overall was in Bed-Stuy.