The worst neighborhoods to rent in

Scored based on an analysis by Rentlogic, here's the areas where tenants should tread carefully

New York Weekend Edition /
Sep.September 08, 2018 11:00 AM

(Credit from back: Jakob Montrasio via Flickr, Olivia Jester)

Is your area earning As or Fs? Rentlogic’s annual report card for multifamily rentals around the city is out and the results somewhat de-couple price from quality apartment stock.

According to the company’s analysis, as published in the New York Post, the lowest preforming neighborhoods are Tremont in the Bronx and Inwood in Manhattan. About 9 percent of buildings in both areas earned the lowest possible mark–F, or “unacceptable.”

West Harlem was the third worst with 7.6 percent of its multifamily rentals earning a F.

The neighborhoods that earned the best grades are not known as luxurious enclaves, but about 99 percent of their rental housing stock received an A grade, for excellent, according to Rentlogic. The top three areas were Great Kills in Staten Island, Floral Park in Queens and City Island in the Bronx. [NYP]Erin Hudson


Related Articles

arrow_forward_ios
The Montana property with director Robert Redford and star Brad Pitt. (Getty, Swan Land Company)
“A River Runs Through It” Montana ranch lists for $136M
“A River Runs Through It” Montana ranch lists for $136M
From left: 944 Fifth Avenue, 67-69 East 93rd Street and 15 East 88th Street (Google Maps)
Three Manhattan sellers aim high asking $25M+ for luxury pads
Three Manhattan sellers aim high asking $25M+ for luxury pads
FiDi condo supply is through the roof as workers delay office return. (Getty)
FiDi condo glut is through the roof
FiDi condo glut is through the roof
eXp CEO Glenn Sanford (eXp, iStock)
Virtual broker eXp Realty has another record quarter
Virtual broker eXp Realty has another record quarter
RSA's Joseph Strasburg and Judge Lawrence Marks (Getty, Strasburg via Jeffersons Siegel)
Landlord group challenges state eviction ban
Landlord group challenges state eviction ban
Redfin CEO Glenn Kelman (Getty, Redfin)
Pocket listings exclude minority homebuyers, Redfin CEO says
Pocket listings exclude minority homebuyers, Redfin CEO says
(378 West End, 300 West and 567 Ocean Avenue, Getty)
April was best month for new condo sales in 5 years
April was best month for new condo sales in 5 years
As the economy rebounds, rental prices are following suit. With the eviction ban recently overturned, that spells trouble for tenants who are struggling to make ends meet. (iStock)
Rents rise across country as economy rebounds
Rents rise across country as economy rebounds
arrow_forward_ios

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

Loading...