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
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
NYCHA interim CEO Lisa Bova-Hiatt (NYC.gov, Getty)
“Folks got misinformed”: Why NYCHA tenants stopped paying rent
“Folks got misinformed”: Why NYCHA tenants stopped paying rent
Haute & Boss's Victor Hernandez
Unfinished Vero Beach estate hits market for record $60M
Unfinished Vero Beach estate hits market for record $60M
(Photo Illustration by The Real Deal with Getty)
RealPage faces another class-action lawsuit, this time in Florida
RealPage faces another class-action lawsuit, this time in Florida
Prada CEO Gianfranco D’Attis and 16 Gould Street (Getty; Google Maps)
East Hampton board rejects Prada CEO’s request for 11 variances
East Hampton board rejects Prada CEO’s request for 11 variances
Wall Street sees some hope for resi firms
Watch: Wall Street sees some hope for resi firms
Watch: Wall Street sees some hope for resi firms
200 East 83rd Street, Alexa Lambert, Alison Black, Shelton Smith
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
Blackstone’s Nadeem Meghji
Blackstone REIT’s latest adversary: tenants
Blackstone REIT’s latest adversary: tenants
arrow_forward_ios

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

Loading...