Rentals in demand: Median inquiry price up to $2,700

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

TRD New York /
Jun.June 25, 2014 04:15 PM

The median inquiry price among prospective Manhattan renters jumped last week to $2,700 per month from $2,400 per month, according to Zumper, an apartment listings website.

Two-bedrooms have been enjoying a recent surge in demand, with 39 percent of the leads. Those units had a median inquiry of $2,800 per month. Lagging behind, studios and one-bedrooms each had 24 percent of the leads. Three-bedrooms had 13 percent.

The most popular neighborhoods were, in order, the East Village, the Upper West Side, Kips Bay, the Upper East Side and the West Village. The West Village bumped Hell’s Kitchen out of the top five, Zumper data show.

The priciest rental inquiry last week was for a five-bedroom apartment in the Flatiron District, renting for $8,500. The cheapest rental inquiry was for a studio in Central Harlem renting for $1,100.

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 22. — Mark Maurer

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