The cost of renting a home has fallen for the first time in a decade, but it’s still not cheap enough to cover the average household’s expenses.
In fact, the average price of a one-bedroom apartment dropped 9% last year to $2,054.
However, a two-bedroom rose 18% to $3,982, according to the U.S. Census Bureau.
The median price of an apartment in the city fell by 7.9% last November to $1,939.
The average rent for a two bedroom was $1.637 per month.
It’s important to note that the numbers don’t include monthly utilities or other costs, such as maintenance.
Still, some people are choosing to live in their own home because they are able to do so more cheaply than their counterparts living in larger apartment complexes, according the Urban Institute.
Here are some of the reasons why people are living in their homes more cheaply: More affordable apartments, including the trend toward smaller and smaller ones The average price per square foot of a two and a half-bedroom rental in Manhattan has fallen from $1.,564 to $ 1,538 over the past five years, according a survey by Zillow.
That is the most dramatic drop since 2009, when the average rent was $2.19 per square feet.
In addition, rents have dropped in the suburbs.
The New York metro area is home to about half the country’s population.
It includes many neighborhoods in New Jersey, where the average monthly rent is $1:48, according Zillows data.
Residents in the metropolitan area spend nearly 10% of their income on rent, according Census data, which is the highest percentage in the country.
Renters also tend to be younger, and many of them are millennials, said Urban Institute Senior Economist Paul Zandi.
Millennials are a younger generation, living longer, and they tend to live with parents or people they know, he said.
It also helps that millennials are moving from their parents’ home to a place they feel comfortable living in, and staying there longer, Zandi said.
There is also a trend for older people to live closer to their families, as they age, he added.
The trend of moving out is also spreading across the country, said Zandi, who noted that the number of seniors living alone has doubled in the past 10 years.
There’s also a general sense of safety in a larger family, which helps people feel more comfortable living with one another, he explained.
And the trend of buying and renting more frequently has also led to fewer people living alone, according.
That trend is now in decline.
New York City, which has the highest number of elderly residents per capita, is also seeing the largest drop in people living with their parents, according data from the city’s Department of Consumer Affairs.
There were 1.9 million elderly people in the U, in 2016, according CityLab.
The number of people who lived with a spouse or other family member decreased by 3.5 million from 2016 to 2017, according census data.
The percentage of seniors in New York’s city grew by 7%, to 8.6% of the population, according New York Daily News data.
It is estimated that more than 4 million older people live alone in New Yorks city.
More than 1.2 million older adults live in the New York metropolitan area, according city statistics.
The U.K. has seen a similar trend, with the percentage of older adults in London falling by 2.9%, to 4.5% of its population.
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