Rental prices across the Bronx are continuing to rise, leaving some longtime residents to question whether they can afford to remain in the borough they have long called home.
According to recently released housing market data, rental prices in the Bronx increased 1.3% from April to May and are up nearly 4% year over year. The data also shows some neighborhoods experiencing steeper increases than others.
Year over year, rental prices in Concourse Village and Highbridge rose nearly 9%, while rents in Morris Heights and University Heights increased more than 6%. In Riverdale, prices climbed more than 7.5% compared to the same time last year…