Average New York Apartment Costs $1.3 Million

Living in an average New York apartment costs a pretty penny -- 130 million of them, to be exact.

The average New York apartment costs about $1.3 million.

The median price, which gets rid of the extremely expensive apartments that skew the average, is a mere $800K to $900K.

Your monthly rent never seemed so reasonable.

On a brighter note, Bid on the City put apartments on the auction block today, with a starting bid of $1.

I'll have a McDouble and an Upper West Side two bedroom please.