If you're planning to live alone and rent a one-bedroom in Manhattan, you’ll have to earn roughly $130,800 a year.
That’s 40 times the amount of September’s median monthly asking rent, which was a record $3,271, according to real estate search engine Streeteasy. Many landlords require tenants earn 40 times the rent in order to sign a lease.
Those looking in Brooklyn have to be high earners, too: median asking rents for one-bedrooms were $2,200 a month, meaning someone would have to earn $88,000 a year to pay that.
Lynn, a 35-year-old graphic designer, moved to the city 13 years ago, first to Bushwick, then to Boerum Hill, Park Slope, and Carroll Gardens, always living with friends or boyfriends.