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Average New York Apartment Costs $1.3 Million

First Posted: 07/20/10 04:47 PM ET Updated: 05/25/11 06:05 PM ET

New York Apartment

Living in an average New York apartment costs a pretty penny -- 130 million of them, to be exact.

The average New York apartment costs about $1.3 million.

The median price, which gets rid of the extremely expensive apartments that skew the average, is a mere $800K to $900K.

Your monthly rent never seemed so reasonable.

On a brighter note, Bid on the City put apartments on the auction block today, with a starting bid of $1.

I'll have a McDouble and an Upper West Side two bedroom please.

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Filed by Simon McCormack  |