NYC's rent freeze is finally becoming a reality. Here are 3 things renters should know.

Tech Insider : Economy, Business
One of New York City Mayor Zohran Mamdani's central campaign promises was to fight for affordable housing.
One of New York City Mayor Zohran Mamdani's central campaign promises was to fight for affordable housing.

Selcuk Acar/Anadolu via Getty Images

Mamdani's rent freeze is official. One chart shows who stands to benefit.

Tech Insider : Economy, Business, Style
Zohran Mamdani
Mayor Zohran Mamdani's rent freeze will take effect for leases beginning October 1, 2026.

Michael M. Santiago/Getty Images

Planning to live with my boyfriend pushed us to finally discuss finances. Instead of moving in together, we broke up.

Tech Insider : Business
The writer wearing hiking gear and standing in the woods.
My partner and I had plans to move in together, but having tough conversations about money made me realize we weren't aligned.

Sage Rubinstein

Mamdani's 3 lofty plans to make New York City housing more affordable

Tech Insider : Economy, Business
mamdani
Zohran Mamdani wants to make NYC housing more affordable for renters and buyers.

TIMOTHY A. CLARY / AFP via Getty Images

As a landlord, I haven't raised my tenant's rent in 9 years. Community is more valuable than money.

Tech Insider : Business, Economy
An exterior shot of the author's brick home.
My wife and I bought our first house in Maine almost a decade ago.

Johanna Sorrell

I moved from Los Angeles to Brazil. I pay $1,600 a month to live in a complex with a supermarket, day care, and restaurants.

Tech Insider : Travel, Business, Sports
Man in Rio de Janeiro
Luca Martins was homesick in Los Angeles and moved back to Brazil.

Courtesy of Luca Martins

I'm an 84-year-old landlord. I charge reduced rent to my housemates who help me with food, tech, and transportation.

Tech Insider : Business

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

My parents pay my rent in New York City because I can't find a full-time job after college. I feel like I failed.

Tech Insider : Business
the author is sitting on the outdoor steps to her NYC apartment
The author is a recent college graduate who can't find a job.

Courtesy of Dove Williams

We're young, in love, and sleep in separate bedrooms. It's made our romantic life even better.

Tech Insider : Business, Environment
A couple hold eachother in an embrace.
Katie Loftin and Phill Jackson

Courtesy of Katie Loftin

Most NYC renters are struggling to afford housing. These maps show where it's worst.

Tech Insider : Economy, Business, Style
Most New York City renters spend more than 30% of their income on housing.

Getty Images

When Massiel Lugo's parents moved to Jackson Heights, Queens, from the Dominican Republic nearly 50 years ago, the working-class neighborhood was an affordable place to raise a family.

Subscribe to Rent