Though the market this summer may be tight, Gary Malin, president of Citi Habitats, offered some Manhattan areas that might be less competitive, as they aren't top priority for apartment hunters.
Upper East Side, east of Third Avenue
Places in Yorkville along Second and First avenues are a bit off the transportation grid. It's a hike to get to the nearest subway station, so a lot of people likely won't want to look for homes there. But keep in mind that the Second Avenue subway will change all that in a few years.
Midtown East/Midtown West
These areas can be "too commercial for a lot of people," Malin said. A lot of renters are looking for classic Manhattan townhome-lined streets or the unique local edge of places like the East Village. So if you can stomach a Starbucks on every corner, you might be able to score deals here.