The average monthly rental rate for 1 -bedroom apartments in the UWS = $2590 - $2600. I know some landlords who have availability on W76th off Amsterdam. They are asking $2100/month on a 12 month lease. It really depends on the amenities and what you are seeking. In the UWS, I have found a lot of private landlords and not so many "large" landlords, so their conditions and terms of the lease/price depends on the desires of the landlord.
For instance, the landlord that has a 1-bed at $2100 is finanically secure, not looking to bank millions. He just has very strict applicant requirements with 3 or 4 riders attached to the lease on noise levels, pets, laundry, etc. The apartment iteslf is in a beautiful renovated townhouse with exposed brick on the east and west facing walls, with a full seperate kitchen.
So, in common, the exchange works like this: Low broker fee = higher rent or a discount broker (can sometimes, sometimes be sketchy). Higher broker fee = quality brokers with quality apartments usually from attentive landlords or well-known management companies.
In today's market, Mitchell is correct, the market is tight and it is prime rental season. If I were personally looking for an apartment, I'd contact a broker and have them help me find a place to live. They can even show you newer buildings, who most likely have higher rental rates, but usally pay the broker's commission. If the broker cannot show you quality, privately owned apartments, find a new broker or ask him to sit with you and search the database. Every broker has access to 1000's of apartments if they are legitimate - some of the brokers choose to only work with exclusives, so ask the broker when you contact them.
Travis R. Old
Licensed Real Estate Salesperson
CitySites Real Estate Group
3 W 57th Street
New York, NY 10019
Text/Cell: (347) 601 - 9600
Direct: (212) 228 - 3882
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