Tribeca remains the most expensive rental neighborhood in 2024, with a median asking rent of $8,295, leading New York's rental market by a significant margin.
Despite the high rents, Midtown East emerged as the most searched neighborhood for renters, illustrating a shift in preferences among those looking to find a home.
Among the amenities, 'pets allowed' saw a staggering 200% increase in search volume, followed by significant rises for 'outdoor space' and 'pool' features.
In the face of growing rental prices, especially in Manhattan, the Bronx and Brooklyn showed notable increases in rental inventory, with Dumbo leading the charge.
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