Rentals in demand: Central Harlem back in top 5 | Chappaqua Real Estate

 

With 20-somethings scavenging for more affordable rentals in Manhattan, demand for Central Harlem units among prospective renters jumped last week, according to apartment listings website Zumper.

Central Harlem made it into the top five popular neighborhoods for the first time in nearly two months. The Upper West Side, Upper East Side and East Village topped the list, followed by Central Harlem and Greenwich Village. The median rent inquiry in Manhattan fell to $2,450, largely as a result of the Harlem surge.

The priciest inquiry was for a four-bedroom Chelsea rental seeking $7,000 per month, while the cheapest was for a Washington Heights studio renting for $1,150 per month.

As for apartment sizes, two-bedrooms dominated with a bit more than a third of the leads and a median inquiry of $2,795 per month. One-bedrooms and studios were next with a 26 percent and 23 percent share of the leads, respectively. Three-bedrooms accounted for 15 percent of the leads.

 

 

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http://therealdeal.com/blog/2014/07/16/rentals-in-demand-central-harlem-back-in-top-5/

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