Rent for a one-bedroom apartment in NYC nears $4,000 for the first time — as median rents rise by as much as 61% in some cities

Tenants have yet another reason to dread the first of the month: more than half of U.S. cities have experienced double-digit rent hikes in the past year, according to a new report from Zumper, an apartment-rental website. While median one-bedroom rental prices have predictably skyrocketed...