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New York & Tri-State  + New York  + Apartments  |  August 22, 2023
Emily Fu
By: Emily Fu

Bronx Ranked in US Top 10 for Rental Demand

Rental trends are reshaping as overlooked areas like The Bronx rise in popularity due to high home prices and peak rental season, according to August Rental Activity Reports from RentCafe.  

The reports reveal significant shifts in renter preferences. The Bronx surged three spots to #6, witnessing a 34% decrease in listings and doubled traffic year-over-year, pushing it closer to the top five. Queens, the largest NYC borough, jumped six spots to #13, marked by a 75% drop in listings and a 77% page view surge.  

Manhattan rose one spot to #37 with a 9% apartment availability drop, a 24% increase in views, and a 121% spike in favorited apartments, alongside a 26% decline in specific searches. These trends underscore changing housing dynamics and evolving urban landscapes. 

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Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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