Rentals in demand: Upper East Side rises again

TRD's weekly look at the most searched-for apartments

TRD NEW YORK /
Mar.March 25, 2014 12:35 PM

The Upper East Side returned to the top of the charts last week as the most in-demand Manhattan neighborhood for prospective renters, according to Zumper, an apartment listings website.

The neighborhood landed ahead of Gramercy Park, Hell’s Kitchen, Greenwich Village and East Village, in that order. Chelsea, the previous week’s winner, did not make the cut, data show. As for apartment sizes, two-bedroom units dominated with 31 percent of leads in rental searches and a median inquiry of $2,380 per month. Studios had 30 percent and $1,795 per month. One-bedrooms, largely under $2,000 per month, had 27 percent of the leads and a $1,895 monthly median inquiry. Searches for one-bedrooms units were concentrated in Kips Bay and the Upper East Side, Zumper COO Taylor Glass-Moore told The Real Deal.

Three-bedrooms, cooling off from an uncharacteristically strong week, held 12 percent of the leads and $3,800 per month.

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 March 23.Mark Maurer


Related Articles

arrow_forward_ios
The former Food Emporium space at East 59th Street and First Avenue and a Trader Joe's (Credit: Google Maps, Wikipedia)

Trader Joe’s to open new UES store under Queensboro bridge

Jeff Zucker and 32 East 64th Street, Apt 3W (Credit: Getty Images)

CNN chief lists Lenox Hill co-op for $17M

Living founders Devin Someck and Jon Bakhash

Living New York acquires Mdrn. amid tumult in rental market

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

166 E. 81st St. (Credit: Google Maps, iStock)

UES townhouse once described as “infested with vermin” goes into contract

Top row, from left: Warburg Realty's Frederick Peters, Compass' Rory Golod and R New York's Stefani Berkin; bottom row, from left: Bohemia Realty Group's Sarah Saltzberg, Corcoran Group’s Gary Malin, Triplemint's Philip Lang and Bold New York's Jordan Sachs

Ignore or adhere: Brokerages divided in response to rental fee ban

(Credit: iStock)

Tenant advocates celebrate landlords’ having to pay broker fees

James Whelan and Julia Salazar (Credit: Getty Images, Facebook, iStock)

End of tenant-pays broker fees is “death knell” that will cost jobs and up rents, industry says

arrow_forward_ios
Loading...