Only the most affluent can afford to live there and many of them are choosing to leave. Recent trends over the past two years have seen an indisputable exodus from a city that is known for its lifestyle options. It was once considered a privilege to live there. Today, it’s such a burden that the people are trying to escape.

As Gemini AI details, New York City continues to break records for rent prices:

As of September 2024, the average rent in New York City is $3,869 per month, which is 147% higher than the national average. The average rent for different apartment sizes is:

• Studio: $3,145 per month for an average of 444 sq ft
• One bedroom: $3,869 per month for an average of 597 sq ft
• Two bedroom: $5,268 per month for an average of 791 sq ft
• Three bedroom: $6,509 per month for an average of 1,009 sq ft

In June 2024, the median rent in Manhattan was $4,667 per month, which was a record high.

Unfortunately, many are unable to leave without giving up their careers. The city is still one of the world’s hubs for all things finance and those who work for companies embedded in New York City keep the outrageously priced apartments in high demand.

According to NY Post:

The hunt for a New York City apartment has gone from frustrating to downright feral.

This summer, renters are battling it out like never before, all for a shot at a roof over their heads in a city where landlords are calling the shots and jacking up prices to astronomical levels.

Take Aurielle Catron, a 29-year-old security engineer who braved the NYC jungle in search of a two-bedroom in Bushwick. After a brutal month-long search and 52 viewings, Catron landed a rent-stabilized fourth-floor walk-up for $3,200 a month.

It wasn’t her dream pad — it’s missing a laundry room and elevator — but after losing a bidding war that saw a $2,800 unit shoot up to $3,600, she was just relieved to have a place to call home.

The NYC Department of Homeless Services (DHS) offered 150 families $4,000 each through the Asylee Moveout Assistance (AMA) program to pay for housing, as well as up to $1,000 in gift cards for necessities and moving expenses, according to Fox News Digital. The AMA program pilot began in December 2023 in partnership with city shelters that housed asylum seekers.

“The city is using every tool at its disposal to implement innovative and cost-effective solutions to help recently-arrived asylum seekers residing in shelters take the next steps in their journey,” a Department of Social Services (DSS) spokesperson told Fox News Digital. “Since December, DSS has been working with a few not-for-profit providers operating emergency sites to pilot a new effort to reduce barriers to obtaining housing by helping asylum-seeking families who have identified permanent housing with the upfront cost of moving into their new home.”

To be eligible for the payouts, the migrants must be asylum seekers or pregnant women in select DHS shelters who have identified permanent housing, according to Fox News Digital. The $4,000 can cover security deposits, moving expenses, first and last month’s rent and household necessities.

“This is a very small pilot only available to asylum-seeking families in select emergency shelters operated by DHS,” the DSS spokesperson told Fox News Digital. “This is not a citywide effort and not available to migrant families residing across the shelter system,”

Migrants who return to the shelters would not be eligible to receive the payment again, according to Fox News Digital. The funding for the program comes from existing funds within the agency and no city funding is used, the DSS spokesperson told Fox News Digital.

Since the spring of 2022, at least 201,200 migrants have come to New York City, with more than 65,000 in the care of the city, ABC 7 reported in June. New York City has spent $4.6 billion on projects, a city spokesperson told the outlet.

The DHS did not immediately respond to the Daily Caller News Foundation’s request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

The NYC Department of Homeless Services (DHS) offered 150 families $4,000 each through the Asylee Moveout Assistance (AMA) program to pay for housing, as well as up to $1,000 in gift cards for necessities and moving expenses, according to Fox News Digital. The AMA program pilot began in December 2023 in partnership with city shelters that housed asylum seekers.

“The city is using every tool at its disposal to implement innovative and cost-effective solutions to help recently-arrived asylum seekers residing in shelters take the next steps in their journey,” a Department of Social Services (DSS) spokesperson told Fox News Digital. “Since December, DSS has been working with a few not-for-profit providers operating emergency sites to pilot a new effort to reduce barriers to obtaining housing by helping asylum-seeking families who have identified permanent housing with the upfront cost of moving into their new home.”

To be eligible for the payouts, the migrants must be asylum seekers or pregnant women in select DHS shelters who have identified permanent housing, according to Fox News Digital. The $4,000 can cover security deposits, moving expenses, first and last month’s rent and household necessities.

“This is a very small pilot only available to asylum-seeking families in select emergency shelters operated by DHS,” the DSS spokesperson told Fox News Digital. “This is not a citywide effort and not available to migrant families residing across the shelter system,”

Migrants who return to the shelters would not be eligible to receive the payment again, according to Fox News Digital. The funding for the program comes from existing funds within the agency and no city funding is used, the DSS spokesperson told Fox News Digital.

Since the spring of 2022, at least 201,200 migrants have come to New York City, with more than 65,000 in the care of the city, ABC 7 reported in June. New York City has spent $4.6 billion on projects, a city spokesperson told the outlet.

The DHS did not immediately respond to the Daily Caller News Foundation’s request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

The NYC Department of Homeless Services (DHS) offered 150 families $4,000 each through the Asylee Moveout Assistance (AMA) program to pay for housing, as well as up to $1,000 in gift cards for necessities and moving expenses, according to Fox News Digital. The AMA program pilot began in December 2023 in partnership with city shelters that housed asylum seekers.

“The city is using every tool at its disposal to implement innovative and cost-effective solutions to help recently-arrived asylum seekers residing in shelters take the next steps in their journey,” a Department of Social Services (DSS) spokesperson told Fox News Digital. “Since December, DSS has been working with a few not-for-profit providers operating emergency sites to pilot a new effort to reduce barriers to obtaining housing by helping asylum-seeking families who have identified permanent housing with the upfront cost of moving into their new home.”

To be eligible for the payouts, the migrants must be asylum seekers or pregnant women in select DHS shelters who have identified permanent housing, according to Fox News Digital. The $4,000 can cover security deposits, moving expenses, first and last month’s rent and household necessities.

“This is a very small pilot only available to asylum-seeking families in select emergency shelters operated by DHS,” the DSS spokesperson told Fox News Digital. “This is not a citywide effort and not available to migrant families residing across the shelter system,”

Migrants who return to the shelters would not be eligible to receive the payment again, according to Fox News Digital. The funding for the program comes from existing funds within the agency and no city funding is used, the DSS spokesperson told Fox News Digital.

Since the spring of 2022, at least 201,200 migrants have come to New York City, with more than 65,000 in the care of the city, ABC 7 reported in June. New York City has spent $4.6 billion on projects, a city spokesperson told the outlet.

The DHS did not immediately respond to the Daily Caller News Foundation’s request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.