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by ehsankia 2668 days ago
Even then, it's not as clear. First off, median caries the implication that these are all "valid" places, whereas in reality, most apartments that are still up for grabs probably aren't rented for a reason, therefore including them in a median is misleading.

Next up, the data itself needs to be "fresh" for this to work. It could be that cheaper apartments appear on the market frequently, but are rented right away. So as someone new in the city, you could find these cheap places if you looked for a bit, but a single survey will probably not catch these.

A better approach would be to look at the median of all new rented apartments throughout the year. That will give you an idea of what someone who comes to the city will realistically pay.