Rentals in demand: West Village, Soho one-bedrooms

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

New York /
Apr.April 01, 2014 12:25 PM
 

The majority of Manhattan apartment searches from prospective renters last week were for one-bedroom apartments, with higher-priced listings in the West Village and Soho upping the median price, according to Zumper, an apartment listings website. One-bedrooms had 46 percent of the leads and a median inquiry of $2,973 per month. Listings ranging from $3,500 to $4,000 per month boosted the inquiry price for one-bedrooms.

“The difference in one- and two-bedroom prices comes from a large amount of one-bedroom inquiries for high priced apartments in the West Village, Soho and Noho that drove up the median,” Zumper COO Taylor Glass-Moore told The Real Deal. “The two-bedroom searches were for lower-priced places.”

Studios had one-quarter of the leads, and a $1,995 inquiry. Two-bedrooms had 16 percent and $2,650, while three-bedrooms had 13 percent and $4,050.

Meanwhile, West Village was the most in-demand Manhattan neighborhoods for would-be renters, Zumper data show. Following that neighborhood were, in order, the Upper East Side, the Upper West Side, Greenwich Village and a tie between Noho and Chelsea.

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 30. — Mark Maurer


Related Articles

arrow_forward_ios
Council member Keith Powers (Manhattan Community Board 5)
Defeated by industry, criminal background check bill returns
Defeated by industry, criminal background check bill returns
Manhattan rents rise
As July rents notch another record, brokers eye August dip
As July rents notch another record, brokers eye August dip
(Illustration by The Real Deal with Getty)
Landlords backing off big rent hikes
Landlords backing off big rent hikes
(Illustration by The Real Deal with Getty Images)
Hamptons rental where fire killed 2 skipped safety inspection
Hamptons rental where fire killed 2 skipped safety inspection
Related Companies' Stephen Ross andb Furnished Quarters' Gary Brown and Steven Brown (Related, Furnished Quarters, Getty)
Related claims short-term rental provider owes it millions
Related claims short-term rental provider owes it millions
(Getty)
“Tsunami” of NYC evictions? More like a trickle
“Tsunami” of NYC evictions? More like a trickle
Apartments for rent while covid discounts expire (Illustration by The Real Deal with Getty Images)
End of Covid rent discounts causes mass migration: StreetEasy
End of Covid rent discounts causes mass migration: StreetEasy
Illustration by Kevin Cifuentes for The Real Deal with Getty Images)
“Sucks, right?” Long Island landlord fined for fair housing violation
“Sucks, right?” Long Island landlord fined for fair housing violation
arrow_forward_ios

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

Loading...