Total Number Of Stabilized Apartments | Average Monthly Rent With Regulation* | Average Monthly Rent after Deregulation | Change in Average Rent | Overall Percent Change | Average Individual Percent Change | |
Borough | ||||||
Bronx | 177,338 | $501.48 | $526.20 | $24.71 | 4.9% | 6% |
Brooklyn | 254,743 | $543.06 | $570.70 | $27.64 | 5.1% | 5.2% |
Manhattan | 355,310 | $731.58 | $906.93 | $175.35 | 24.0% | 22.3% |
Queens | 182,180 | $611.68 | $708.41 | $96.73 | 15.8% | 16.4% |
Staten Island | 9,455 | $674.58 | $674.58 | $0 | 0% | 0% |
New York City | 979,026 | $613.26 | $702.97 | $89.70 | 14.6% | 13.2% |
New York City excluding Manhattan | 623,716 | $550.47 | $594.72 | $44.25 | 8% | 8.3% |
*Based on 1993 New York City Housing and Vacancy Survey. Increases would occur over t least several years.