Rentals in demand: Two-bedrooms on top

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

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 Articles

arrow_forward_ios
CHIP executive director Jay Martin (iStock)

Rent-stabilized tenants owe landlords more than $1B

Rent-stabilized tenants owe landlords more than $1B
Cea Weaver (Photos via Twitter; Getty; iStock;)

How a socialist on City Planning Commission would affect real estate

How a socialist on City Planning Commission would affect real estate
John Catsimatidis (Getty)

John Catsimatidis wants to add three more rental towers in Coney Island

John Catsimatidis wants to add three more rental towers in Coney Island
Open New York's Will Thomas and Kyle Dontoh (Photos via Getty; iStock: Open New York)

Outsiders for years, NYC yimbys move into mainstream

Outsiders for years, NYC yimbys move into mainstream
Empty offices, shut down retail stores, closing restaurants and literal fires are among the biggest real estate disasters of 2020. (Getty)

Worst of the worst: The real estate disasters of 2020

Worst of the worst: The real estate disasters of 2020
Mayor Bill de Blasio (Getty; iStock)

City formalizes push for security deposit alternatives

City formalizes push for security deposit alternatives
Clockwise from left: Richard LeFrak, Related chairman Stephen Ross, A&E's Douglas Eisenberg, Cammeby’s International Group founder Rubin Schron and Blackstone president Jonathan Gray (Getty, iStock)

These are NYC’s largest rental landlords of 2020

These are NYC’s largest rental landlords of 2020
New York Assembly Speaker Carl Heastie, Gov. Andrew Cuomo and Senate Majority Leader Andrea Stewart-Cousins (Getty)

Landlords criticize “asinine” eviction and foreclosure bill

Landlords criticize “asinine” eviction and foreclosure bill
arrow_forward_ios

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

Loading...