Nike is offering $4,000 in rent money to winners of a NYC race. In Manhattan, that might not be enough.

Nike is hosting a street race in New York City. The winners will get $4,000, or as the company puts it, a month's rent. Marcin Golba/NurPhoto via Getty Images Nike is offering two winners of a NYC street race $4,000, or as the company puts it, a month's rent. The money, however, would fall short of Manhattan's $5,000 median market-rate rent. The race comes as Mayor Zohran Mamdani pushes to make city housing more affordable. It might be possible to outrun your next rent payment — if you live with roommates. Nike is offering a unique — and highly relevant — prize to two winners of a street race in New York City on August 29: "1 month of free rent." "Step to the starting line on Orchard Street for a chance to win one month of rent paid," the company says.