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Show HN: An interactive dashboard to explore NYC rentals data

leaseswap.nyc

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Show HN: An interactive dashboard to explore NYC rentals data

#1

Post by giulioco »

historically, rentals in NYC have been pretty wild. the median 1BR in West Village as of July 2025 cost $5,750/month. about a month ago, NYC passed a law to ban broker fees which many predicted would have increased rents. I realized I had access to some original data from a previous project so I built a dashboard to help me visualize the changes and see for myself.

you can filter by neighborhoods, bedrooms, original source where the rentals were posted, and select a timeframe.

this is still a work in progress, so apologies in advance for any issues you encounter. I would love any feedback on how to improve it and/or what other visualizations i should add. known issues include:

- some neighborhoods like Prospect Park will also automatically select other, unrelated, neighborhoods when selected

- sometimes even when you filter by 1BR it will also include some 2BR

- some units might have been listed on multiple platforms, effectively counting as duplicates

Show HN: An interactive dashboard to explore NYC rentals data
leaseswap.nyc

Re: Show HN: An interactive dashboard to explore NYC rentals data

#3

Post by cuuupid »

The average 2br rent for the last 2 years was $4,536

The average for the last month is is $5,738

This is a 25%+ increase, let's say around 10% of that can be accounted for via seasonal increases.

The almost certain incoming mayor has pushed for rent stabilization/control/freeze. Let's assume this restricts increases to 10% Y/Y similar to cities like Seattle, this would cause at least a 5% recessionary pressure for housing suppliers.

The big question - is the increase due to greed among the supply (i.e. this pressure is good for the market), due to existing market pressures (i.e. this pressure may cause a wider recession in the housing market), or due to a bubble (i.e. this pressure may pop it, for better or worse)?

Re: Show HN: An interactive dashboard to explore NYC rentals data

#5

Post by jeffbee »

msukkarieh wrote: post #4

I've never lived in NYC - are median studio apts in West Village really $6k? Website looks awesome but I'm hoping that the data isn't true

That is completely true, unfortunately. There are a lot of people in NY. All the demand components — longevity/natural increase, wages, net migration — are increasing and the supply is in stasis, so the price has to rise. Under these conditions you should expect surprisingly non-linear behavior of the market price.

Re: Show HN: An interactive dashboard to explore NYC rentals data

#6

Post by VWWHFSfQ »

msukkarieh wrote: post #4

I've never lived in NYC - are median studio apts in West Village really $6k? Website looks awesome but I'm hoping that the data isn't true

Housing in Greenwich Village (the broader area including the West Village) has become outrageous in recent decades. A significant reason, but not the only reason, is because the main NYU campus is located in the middle of the small area and doesn't provide nearly enough housing (only ~20%) for the on-campus enrollment.

NYU's on-campus enrollment is also roughly 50% foreign students. I don't have any data about it, but just from experience I've suspected that foreign students are willing and able to pay higher prices for housing.

Re: Show HN: An interactive dashboard to explore NYC rentals data

#8

Post by hshdhdhj4444 »

cuuupid wrote: post #3

The average 2br rent for the last 2 years was $4,536 The average for the last month is is $5,738 This is a 25%+ increase, let's say around 10% of that can be accounted for via seasonal increases. The almost certain incoming mayor has pushed for rent stabilization/control/freeze. Let's assume this restricts increases to 10% Y/Y similar to cities like Seattle, this would cause at least a 5% recessionary pressure for ho…

Certain units in NYC (about 1mm) are always rent stabilized. They’re rent stabilized because that was the agreement the developer made when getting permissions to build the apartments or more likely because they took advantage of tax abatements and benefits that required a certain percentage of rent stabilized apartments.

Mamdani’s stated policy is to set the y/y increase in rent for already stabilized apartments to 0% as opposed to the 3% average over the past 4 years. And in recent interviews he also has clarified he’s only promising it for the first year to counteract historically high rent increases over the past few years and subsequent years will be addressed like they always are, based on an analysis of the rental market.

Btw, the rent freeze was done at least 3 times in the 2010s with a 0% increase y/y, so this is not even new policy.

Re: Show HN: An interactive dashboard to explore NYC rentals data

#9

Post by jeffbee »

hshdhdhj4444 wrote: post #8
cuuupid wrote: post #3

The average 2br rent for the last 2 years was $4,536 The average for the last month is is $5,738 This is a 25%+ increase, let's say around 10% of that can be accounted for via seasonal increases. The almost certain incoming mayor has pushed for rent stabilization/control/freeze. Let's assume this restricts increases to 10% Y/Y similar to cities like Seattle, this would cause at least a 5% recessionary pressure for ho…

Certain units in NYC (about 1mm) are always rent stabilized. They’re rent stabilized because that was the agreement the developer made when getting permissions to build the apartments or more likely because they took advantage of tax abatements and benefits that required a certain percentage of rent stabilized apartments. Mamdani’s stated policy is to set the y/y increase in rent for already stabilized apartments to…

For most Mamdani policies you can find a closely corresponding Bloomberg policy. The man is not a Molotov-throwing revolutionary.
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