Rentals in demand: Price inquiries for three-bedrooms slips

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

New York /
May.May 27, 2014 12:33 PM

The number of leads for inexpensive rental units in Harlem led to the median price inquiry for a three-bedroom apartment in the city to slip to $3,900 last week, according to Zumper, an apartment listings website.

Three-bedrooms were the least popular among prospective renters, comprising 13 percent of the leads. Studios had 34 percent of the leads and a $2,225-per-month median rental inquiry. As for neighborhood demand, the Upper East Side could not be dethroned. Filling out the top five were the Upper West Side, Hell’s Kitchen, Midtown East and Central Harlem, Zumper data show.

The priciest rental inquiry last week was for a three-bed apartment in Greenwich Village asking $6,000, while the cheapest was for a studio in Central Harlem listed for $1,125.

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 May 25. — Mark Maurer


Related Articles

arrow_forward_ios
The former Presidio Public Health Hospital (Google)
At these Presidio apartments, you might room with a ghost for $3,700 a month
At these Presidio apartments, you might room with a ghost for $3,700 a month
Landlords were less likely to respond to renters they thought were African American or Latino. (iStock)
Landlords more likely to ignore applicants of color
Landlords more likely to ignore applicants of color
Terwilliger & Bartone managing partner Anthony Bartone and 461 Railroad Avenue in Westbury LI (Google Maps, Terwilliger & Bartone, iStock)
Westbury apartment project scores 20-year tax break
Westbury apartment project scores 20-year tax break
Light i-sales precede heavy eating
Light i-sales precede heavy eating
Light i-sales precede heavy eating
Secratary of the Treasury Janet Yellen (Getty, iStock)
Treasury Department to ease rent relief backlogs with reallocations
Treasury Department to ease rent relief backlogs with reallocations
(iStock)
Rents in New York and South Florida metros surged more than 30%, led nationwide rise
Rents in New York and South Florida metros surged more than 30%, led nationwide rise
How long does it take to lease an affordable housing project? Too long
Red tape keeping affordable units empty for 15 months
Red tape keeping affordable units empty for 15 months
Inventory is lighting a fire under rents (Getty)
Eviction bans squeezed supply, bringing rents to boil: report
Eviction bans squeezed supply, bringing rents to boil: report
arrow_forward_ios

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

Loading...