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

Source: Business Insider

One of New York City Mayor Zohran Mamdani's central campaign promises was to fight for affordable housing. Selcuk Acar/Anadolu via Getty ImagesNYC Mayor Zohran Mamdani's rent freeze for stabilized apartments starts in October 2026. Critics argue the rent freeze could degrade apartment quality and raise market-rate rents.