market trends: First Signs of Rent Frenzy Ending
- 06/30/22 05:36 AM
Prices still rising, but less than before After months of soaring rents, firms tracking national apartment prices say national rent growth has slowed, an early sign of a cooling market. A recent report by rental platform Apartment List showed that in June, monthly rent growth for a median apartment — 1.3 percent — was the same as in May, marking the first time this year that it did not increase from one month to the next. Data from Zumper, another rental platform, supported those findings. A Wednesday report found median rent for a one-bedroom in June had risen just 0.5 percent over last month, “a much more reasonable growth rate … (1 comments)
market trends: The Most Expensive Manhattan Neighborhood for Renters Is...
- 10/16/14 12:27 AM
Rental listings site Zumper is back with a new report (warning: PDF!) that details just how much one-bedrooms and two-bedrooms cost in various New York City neighborhoods. And the winner (Or is it the loser? If you're paying a lot to live there?) is... the Flatiron District, with a 1BR median rent of $4,200/month. It is closely trailed by Tribeca ($4,195), Dumbo ($4,040), NoMad ($3,795), and Chelsea ($3,793).
For more affordable rentals, eyeball the bottom of the list, where areas like Forest Hills, Brighton Beach, Rego Park, Central Harlem, and Bed-Stuy reside.
When you look at Zumper's figures for the rest of the country, just take … (0 comments)
Prices still rising, but less than before
;)
;)
;)
