What are the hottest rental markets in New York these days?
The answers may come as a surprise: According to a new national study by RentCafe, as of October, Queens, N.Y., had the highest level of renter activity among the 150 largest metropolitan markets in the United States.
But the real dark horse was Buffalo, which came in at No.
With higher interest rates keeping potential buyers in the rental market across the country, rental activity and competition have ballooned.
Queens was found to be the most popular location for renters looking for apartments on RentCafe.com, with 72 percent fewer available listings compared with last October.
Persons:
”, Alexandra Both
Organizations:
The Bronx, Bronx, Buffalo, Overland, Minneapolis, Cincinnati
Locations:
New York, Queens, N.Y, United States, Buffalo, RentCafe.com, Kan, Kansas City, Mo