1M Visitors in Past Month
Manhattan Apartments See Surge in Interest
Zillow Reports Increased Traffic
Manhattan apartments are seeing a surge in interest, with over 1 million visitors to Zillow in the past month alone. This is a significant increase from the same period last year, when there were only 500,000 visitors.
The increase in traffic is likely due to a number of factors, including the city's strong economy, low interest rates, and growing population. Manhattan is also a popular destination for tourists, who often rent apartments for their stay.
The Zillow report also found that the median rent for a one-bedroom apartment in Manhattan is now $2,500 per month, up from $2,300 per month last year. Two-bedroom apartments are also seeing a rent increase, with the median rent now at $3,500 per month, up from $3,200 per month last year.
Despite the increase in rents, Manhattan apartments are still considered a good value compared to other major cities. For example, the median rent for a one-bedroom apartment in San Francisco is now $3,200 per month, while the median rent for a one-bedroom apartment in Boston is now $2,800 per month.
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