Rentals in demand: Chelsea one-bedrooms

TRD New York /
Jan.January 21, 2014 04:40 PM

Chelsea was not only the most in-demand Manhattan neighborhood last week — it also was the go-to spot for one-bedroom searches, according to Zumper, an apartment listings website.

The rest of the top five of neighborhoods in demand were the Upper East Side, Greenwich Village, West Village and Gramercy Park. The Financial District, nowhere to be seen this time around, took the crown the week before last.

“Searched prices of studios and two-bedrooms dropped as most were targeted at Harlem and Washington Heights,” Zumper COO Taylor Glass-Moore told The Real Deal. “The searched price for three-bedrooms increased as renters targeted some luxury units in West Village and Greenwich Village.”

Studio apartments scored the majority of the market share, with 39 percent of the leads. The median rent inquiry was $1,350 per month. One-bedrooms had 32 percent of the market and a median inquiry of $2,495.

Two-bedrooms and three-bedrooms tied with a lackluster 15 percent of leads apiece. They had a median inquiry of $2,247 and $6,698, respectively.

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 Jan. 19. — Mark Maurer

Related Articles

The massive meeting held in a suburban casino outside of Utica came at a time when the real estate industry is asking itself some tough questions. (Credit: iStock)

Meet the 400 landlords that are taking rent laws into their own hands

Clockwise from top left: 3860 Nostrand Avenue in Brooklyn, 50 Manhattan Avenue and 250 and 254 West 23rd Street (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Jason Lee and a rendering of 517-523 West 29th Street

Developer Jason Lee accused of defrauding investors at High Line condo project

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

Olivia Gamber, the farmer-in-residence at Staten Island Urby’s Rabbit Garden

The Staten Island rental that’s luring in renters with tomatoes and hot peppers

206 West 17th Street, 116 7th Avenue, and Extell Development’s Gary Barnett (Credit: Google Maps)

What rich people in NYC will pay to keep their view: TRD analysis

Extell Development's Gary Barnett (Credit: Getty Images and iStock)

Chelsea residents paid Gary Barnett $11M to protect their views from a planned tower

The states with the biggest share of vacation rentals aren’t where you’d think