Rentals in demand: Searches up in pricier areas

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

New York /
Jul.July 22, 2014 11:30 AM
 

Despite surges in popularity for two- and three-bedroom rental apartments in Manhattan over the summer, one-bedrooms had the most leads last week, with 38 percent, according to apartment listings website Zumper.

One-bedrooms had 38 percent of the leads and a median inquiry of $2,695 per month. Studios and two-bedrooms tied with 23 percent of the leads. Three-bedroom rentals were dead last with 16 percent. The median inquiry budget increased to $3,000, which reflects more searches in higher-priced areas, according to Zumper. The priciest inquiry was for an Upper East Side apartment renting for $10,000 per month.

The Upper East Side was on a roll last week, with the most demand from prospective renters. The Upper West Side, East Village, West Village and Gramercy Park filled out the top five.

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 July 20. — Mark Maurer


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