Rentals in demand: Studios dethrone one-bedrooms | Bedford Corners NY Homes

Manhattan renters were hungry for studios last week, searching out such modest digs with more frequency than any other type of apartment, according to Zumper, an apartment listings website.

Studios were 55 percent of total inquiries, and the median rent query was $1,795 per month. One-bedrooms, often the most popular type, had 35 percent of the leads and the median query was $1,895. Two-bedrooms had the smallest chunk of leads – 10 percent – and an average query of $2,695.

“The searched prices for studios remained stable, [while] one-bedrooms dropped 16 percent,” Zumper COO Taylor Glass-Moore told The Real Deal. “Two-bedrooms climbed 45 percent.”

The top five most in-demand neighborhoods in Manhattan were, in order, the Upper East Side, Greenwich Village, Upper West Side, Soho and Lower East Side, data show.

 

 

 

http://therealdeal.com/blog/2013/12/30/rentals-in-demand-studios-dethrone-one-bedrooms/

 

 

 

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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