Rentals in demand: Upper East Side, two-bedrooms

TRD New York /
Aug.August 12, 2013 12:30 PM

The Upper East Side has unseated the East Village as the most in-demand neighborhood for prospective tenants hunting down a rental apartment in Manhattan in the last week, according to data from apartment listings website Zumper. Rounding out the top neighborhoods were, in order, Greenwich Village, Gramercy, Hell’s Kitchen and Murray Hill.

“Upper East Side has become increasingly popular over the summer,” Taylor Glass-Moore, Zumper’s chief operating officer, told The Real Deal. “Renters are drawn to its proximity to Midtown and more residential feel than the other popular neighborhoods.”

Two-bedroom apartments held the majority – 44.6 percent – of renter inquiries to brokers. The median rent inquiry was $3,000 a month.

“We saw a drop in searches for studios and a rise in two-bedrooms,” Glass-Moore said, “because some renters are choosing to save some money and live with a roommate.”

One-bedrooms saw 23.2 percent of the leads, and a median inquiry of $2,180 per month, the data show.

Source: Data provided to The Real Deal by Zumper, an apartment listings website. The rankings were determined by a representative sample of emails and phone calls sent by Zumper users in response to Manhattan rental listings available on the site during the week of August 1 through August 8.Mark Maurer


Related Articles

arrow_forward_ios
Nelson Rockefeller and 812 Fifth Avenue Photos via Getty; StreetEasy; Google Maps)

Fifth Ave co-op owned by Rockefeller family hits market

Fifth Ave co-op owned by Rockefeller family hits market
Wall Street investors are prepared to buy and turn single-family homes into rentals when forbearance programs expire and homeowners look to sell. (iStock)

Wall Street investors bet on single-family rentals as mortgage payments stack up

Wall Street investors bet on single-family rentals as mortgage payments stack up
Zumper CEO Anthemos Georgiades (Getty; iStock)

What you need to know about Zumper, a $400M startup accused of renter bias

What you need to know about Zumper, a $400M startup accused of renter bias
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Landlords lost about $9B in rental payments last quarter: report
Parc East Towers in 240 East 27th Street (iStock; Equity Apartments)

Here’s where NYC rents fell the most in August

Here’s where NYC rents fell the most in August
Nationwide market-rate rent payments in September sank to their lowest levels since the start of the pandemic (Source: National Multifamily Housing Council/Tableau)

Market-rate rent payments sink to lowest level since start of pandemic

Market-rate rent payments sink to lowest level since start of pandemic
Cardi B, Taraji P. Henson renting $35K/month Malibu pad

Cardi B, Taraji P. Henson renting $35K/month Malibu pad

Cardi B, Taraji P. Henson renting $35K/month Malibu pad
No-fee listings in Manhattan and Brooklyn are increasing, as the city sees an exodus of residents. (iStock)

No-fee rentals surge in Manhattan and Brooklyn

No-fee rentals surge in Manhattan and Brooklyn
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...