Today in Data: Airbnb Units Outnumber Apartments in NYC

By  |  May 20, 2022
 | 
Airbnb, Expedia, Arizona

Today in data, a new report shows that New York City has more Airbnb and Vrbo rentals than vacant apartments.

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    Data

    22,000+: Estimated number of Airbnb and Expedia Group’s Vrbo vacancies in New York

    7,500: Estimated rental inventory in the New York area

    $3,870+: Median rent for new leases in Manhattan last month

    40%: Increase in the number of rural bookings recorded by Airbnb since 2019

    31%: Number of people renting out part of their homes for added income, up from 24% in 2019

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