Good news for NYC renters? This is where you can find more options

After months of zooming rental prices and bidding wars amid scant inventory, would-be New York City tenants might finally have some good news.

In May, rental inventory levels rose in a couple of the city's boroughs, Manhattan and Brooklyn. Manhattan saw a 33.5% increase since December 2021 when 10,433 rental units were available in the borough, according to a report from StreetEasy.

In Brooklyn, inventory rose by 10% compared with February when 8,719 units were available.

Though steadily increasing, the inventory levels are lower than pre-pandemic levels. In May 2019, Manhattan inventory stood at 21,881 rental units compared with 13,933 this May.