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UPPER WEST SIDE RENTS ON THE UPSWING: ARE YOU GETTING A GOOD DEAL?

June 1, 2011 | 10:38 AM
in REAL ESTATE
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Upper West Side rents rose in May and are way up over last year’s numbers — the average one-bedroom in a building without a doorman, for instance, will cost you 11% more than it did in May 2010, according to a new report on rental rates from MNS Real Impact Real Estate. On a month over month basis, rates rose for every apartment size, except two bedrooms in non-doorman buildings, where they fell 2.9%.

But vacancies are up this month meaning that rents could always fall in the future as landlords attempt to fill their empty apartments.

Are you getting a good deal? Check out the average rental rate for six different apartment classifications below:

  • Studio (with doorman) $2,353
  • Studio (no doorman) $1,924
  • One-bedroom (with doorman) $3,410
  • One-bedroom (no doorman) $2,549
  • Two-bedroom (with doorman) $5,819
  • Two bedroom (no doorman) $3,322

Photo by Ed Yourdon via flickr.

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