Newark’s median rent increase was trailed by New York downstate metros White Plains and Newburgh, which logged 13.5% and 12.3% spikes, respectively.
A significant year-over-year decrease in rental prices earned Bayonne, New Jersey a spot at the bottom of the list. The small city is just across the bay from Newark and only a stone’s throw from Staten Island, but median rent in Bayonne plummeted in February by 15.6% year-over-year.
A one-bedroom in Bayonne, as of last month, will run you about $1,890.