Taylor Swift Will 'Never Walk On Cornelia Street Again' — The High Price Of Rent In New York


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New York apartments are pricey, but if you have the money, you could live in the residence pop icon Taylor Swift called home while renovating her $50 million Tribeca loft in 2016.

Swift reportedly rented the three-story West Village apartment that inspired her song "Cornelia Street" for $39,500 per month. After she moved out, the advertised rent was $45,000 per month. The property was for sale earlier this year with an asking price of $17.9 million.

The song reportedly documents the early days of Swift's romance with ex Joe Alwyn, with the lyrics revealing that "if you ever walk away, I'd never walk Cornelia Street again."

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While most folks would be hard-pressed to afford the rent or purchase price of the 5,500-square-foot three-story residence, even getting a modest New York City apartment is costly.

The median rent for a one-bedroom apartment in New York City is now a record-breaking $4,080 — 29% more than second-place Jersey City, New Jersey. In Swift's former West Village neighborhood, a 500-square-foot studio on Cornelia Street goes for $3,985 and includes amenities like a dishwasher and air conditioning as well as onsite laundry, a fitness center and a swimming pool, according to Zumper.

September 2023 One-Bedroom Median Rent Prices

RankCityPrice
1New York City$4,080
2Jersey City, New Jersey$3,170
3San Francisco$3,000
4Boston$2,900
5Miami$2,690
6San Jose, California$2,610
7San Diego$2,460
8Los Angeles$2,420
9Washington, D.C.$2,400
10Arlington, Virginia$2,310

Source: Zumper

If you have $4,000 per month to spend on rent, you'll get more bang for your buck in other cities.

In Milwaukee, for example, you can rent a nearly 2,000-square-foot, three-bedroom, three-bath penthouse apartment for $3,900 per month, and in Scottsdale, Arizona, a $3,700 monthly payment will get you an 1,896-square-foot, three-bedroom, two-bath home with vaulted ceilings and tile floors throughout.

A three-bedroom, two-bath home in Las Vegas that rents for $4,000 per month has a large backyard with a jacuzzi and is minutes from the Raiders stadium, Las Vegas Strip and the airport, and in Columbus, Ohio, you can call a two-story house with four bedrooms and three bathrooms home for $3,500 per month.

Although Swift no longer rents the West Village apartment, she still has plenty of other residences to choose from in her $150 million real estate portfolio, including homes in Beverly Hills, California, and Holiday House on the highest point in Watch Hill, Rhode Island.

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Posted In: Real Estatehousing pricesreal estate investingTaylor Swift
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