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Rentals in demand: Upper East Side rises again
TRD's weekly look at the most searched-for apartments
The Upper East Side returned to the top of the charts last week as the most in-demand Manhattan neighborhood for prospective renters, according to Zumper, an apartment listings website.
The neighborhood landed ahead of Gramercy Park, Hell’s Kitchen, Greenwich Village and East Village, in that order. Chelsea, the previous week’s winner, did not make the cut, data show. As for apartment sizes, two-bedroom units dominated with 31 percent of leads in rental searches and a median inquiry of $2,380 per month. Studios had 30 percent and $1,795 per month. One-bedrooms, largely under $2,000 per month, had 27 percent of the leads and a $1,895 monthly median inquiry. Searches for one-bedrooms units were concentrated in Kips Bay and the Upper East Side, Zumper COO Taylor Glass-Moore told The Real Deal.
Three-bedrooms, cooling off from an uncharacteristically strong week, held 12 percent of the leads and $3,800 per month.
Methodology: Zumper determined the rankings by using a representative sample of emails and phone calls from renters interested in its Manhattan listings available for the week ending March 23. — Mark Maurer