Rentals in demand: Two-bedrooms on top

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

TRD New York /
Jun.June 03, 2014 02:40 PM

The demand for two-bedroom rental apartments in Manhattan is intensifying, as the unit size tied last week with one-bedrooms in terms of inquiry from prospective renters, according to Zumper, an apartment listings website.

Devin O’Brien, head of strategic marketing at Zumper, has said students returning from college are the primary force behind the rise. Two-bedrooms, which comprised 31 percent of the leads, had a median inquiry of $2,700 per month. They surpassed studios, which had 30 percent.

The priciest inquiry was for a two-bedroom Upper East Side penthouse apartment asking $15,000 per month, while the cheapest inquiry was for a West Harlem studio apartment asking $1,100 per month. The most popular neighborhoods were, in order, the Upper East Side, Kips Bay, East Village, the Upper West Side and Hell’s Kitchen, data show.

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 June 1. — Mark Maurer


Related Article

arrow_forward_ios
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

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

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

How NYC landlords are trying to get around the new rent law

(Credit: iStock)

Manhattan homebuyers continue “camping out” in the rental market: Elliman

441 Ocean Avenue and 1745 Caton Avenue in Brooklyn (Credit: Google Maps)

Meridian Properties buys pair of
rent-stabilized buildings for $35M

NJ rents are below the national average

SLIDESHOW: $59K-a-month rental offers rare look inside 220 CPS

arrow_forward_ios