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You now need $215,000 a year to afford the typical Manhattan apartment as NYC rents hit a record $3,785 a month—and buying costs $7,000 more

Headline as filed by Fortune.

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Publisher Headline Summary Published Detected Delay Source Status
Fortune You now need $215,000 a year to afford the typical Manhattan apartment as NYC rents hit a record $3,785 a month—and buying costs $7,000 more
Rents for studios through two-bedrooms jumped 7.1% in a year, far outpacing New York wages, which rose only 4.2%.
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