Rentals in demand: Upper East Side, one-bedrooms

TRD New York /
Sep.September 09, 2013 12:08 PM

The Upper East Side was the most in-demand Manhattan neighborhood with renters last week, continuing to alternate the top spot with its Uptown counterpart, the Upper West Side.

Chelsea was a close second, followed by West Village, the Upper West Side and Kips Bay, according to data from apartment listings website Zumper. Renters asked brokers the most about one-bedroom apartments, making up 42 percent of the inquiries. And their median rent inquiry: $2,235 a month. Right behind were two-bedrooms, with 39 percent and $2,950. Demand has been slipping for studios, with 14 percent and $1,300. It was but two weeks ago that studios held the top spot.

“The median inquiry price for studios and one-bedrooms dropped since most searches went after units in the Upper East Side, which is still more affordable than many other neighborhoods,” Zumper COO Taylor Glass-Moore told The Real Deal. “But the price remained stable for two- and three-bedrooms where searches covered more neighborhoods.”

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 Sept. 2 through Sept. 8. – Mark Maurer

Related Articles

Steve Roth and Miki Naftali with 1167 Madison Avenue and 50 East 86th Street (Credit: Google Maps)

Naftali buys two vacated Vornado properties for $71M

US rent payments in the 2010s totaled $4.5T

Why New Yorkers, Californians and others pay so much rent

207 East 94th Street, Glenwood Management’s Carole Pittelman and Hirschfeld Properties’ Elie Hirschfeld (Credit: Google Maps)

Glenwood Management makes rare sale with Upper East Side deal

(Credit: iStock)

Manhattan rents hit highest level in more than a decade

60 East 93rd Street and Carlton Hobbs (Credit: Google Maps and Getty Images)

Why a $68M townhouse listing was abruptly pulled off the market

330 East 62nd Street, Jorge Madruga and Eli Weiss (Credit: Getty Images)

Maddd Equities, Joy Construction land $130M for UES development

Ed Gilligan and 3 East 94th Street (Credit: Getty Images, Compass)

Don’t leave home without $21M: Amex exec’s widow sells townhouse

Andy and Kate Spade with 850 Park Avenue (Credit: Getty Images and Google Maps)

Kate Spade’s UES co-op sells for $5.8M