Rentals in demand: Upper East Side, studios

New York /
Aug.August 26, 2013 12:23 PM

After a week away from the top, the Upper East Side rebounded as the most in-demand neighborhood for prospective tenants in Manhattan, according to data from apartment listings website Zumper.

The Upper West Side, last week’s victor, took second place, while Kips Bay, Hell’s Kitchen and the Flatiron District rounded the top five. Among renter inquiries to brokers, studio apartments held the dominant position. One- and two-bedrooms have been battling it out in recent months. Studios had 36 percent of the leads and a median rent inquiry of $1,450 a month.

One-bedrooms saw 29 percent of the leads and a $2,200-per-month median rent inquiry. Two-bedrooms had 23 percent and a $2,250-per-month median inquiry, the Zumper figures show.

“We saw a drop in demand for one-bedrooms and a doubling in demand for studios,” Zumper Chief Operating Officer Taylor Glass-Moore told The Real Deal. “Median inquiries dropped marginally across all unit types.”

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 15 through August 22. – Mark Maurer


Related Articles

arrow_forward_ios
From left: RGB chair David Reiss, tenant board member Leah Goodridge and RSA's Joe Strasburg
Rent board grants six-month rent freeze, then 1.5% hike
Rent board grants six-month rent freeze, then 1.5% hike
Kairos’ founder Ankur Jain (Getty)
Startup charts a (long) path toward homeownership
Startup charts a (long) path toward homeownership
Gov. Andrew Cuomo (Getty/Illustration by Kevin Rebong)
NY flooded with nearly 100K rent relief applications in two weeks
NY flooded with nearly 100K rent relief applications in two weeks
Salesforce CEO Marc Benioff and Amazon's Jeff Bezos are backing the startup (Getty, Arrived)
Bezos-backed Arrived Homes is latest startup to expand real estate investment
Bezos-backed Arrived Homes is latest startup to expand real estate investment
Gary Barnett and Jay and Stuart Podolsky in front of 1645 First Avenue (Getty, Google Maps)
Gary Barnett site has one problem: the Podolsky brothers
Gary Barnett site has one problem: the Podolsky brothers
(Getty)
Housing rush: In-person school adds fire to rapidly heating market
Housing rush: In-person school adds fire to rapidly heating market
(Illustration by Kevin Rebong for The Real Deal)
Single-family rent growth more than doubles in April
Single-family rent growth more than doubles in April
President Joe Biden (Getty/Illustration by Kevin Rebong for The Real Deal)
Dear Mr. President: Landlords urge Biden to let eviction ban expire
Dear Mr. President: Landlords urge Biden to let eviction ban expire
arrow_forward_ios

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

Loading...