The Real Deal New York

Rentals in demand: Midtown East, East Village enter top five

December 26, 2013 01:15PM

Rentals-in-demandAlthough Midtown East and the East Village invaded the top five most in-demand Manhattan neighborhoods of the last week, the Upper East Side took the crown, according to Zumper, an apartment listings website. The most popular neighborhoods after the Upper East Side were the East Village, the West Village, Chelsea and Midtown East.

Renters were most often looking for one-bedroom apartments, which crushed the competition with 60 percent of total inquiries, the Zumper data show. The median rent query for one-bedrooms overall was $2,250 per month.

Studios had 28 percent of the total market share, with a median inquiry of $1,850. Two-bedrooms trailed with 9 percent of the leads and $1,850 per month as well, which is attributed to a smaller sample size and more Harlem-based searches, the data show.

Methodology: Zumper determined the rankings by using a representative sample of emails and phone calls from renters interested in its Manhattan listings available during the week of Dec. 22. — Mark Maurer

MENU