For those of you who don’t know, Walkscore is an online service that lets you enter any address, and then calculates a “walkscore”…basically the area’s walkability and availability of good transit options. They have also released Android and iPhone apps that do the same thing. Areas with low scores are labeled car-dependent, while the areas with the highest possible walkscores–mostly some areas of Manhattan, are considered pedestrian/transit rider “paradises”.
More recently, Walkscore has added an apartment finding feature. Look up any spot in any reasonably urbanized area and you’ll find a score or more apartment vacancies in the space of a few square blocks. It certainly seems to be the case that you see a lot more vacancies in the app or on the website, than you do actual For Rent signs in front of the properties. This leads me to wonder how they get their listings and how current they are. For example, only yesterday a vacancy came up where I’m living now, and Walkscore already shows it in their listing. As far as I can tell, especially what with living in the same building, this listing is entirely accurate. In other cases, though, not so much. Looking at the overall picture for a given locale, it often seems that if I use Apartments.com or Rent.com to search, the rents are higher and the vacancies fewer. A cursory perusal of the WS website doesn’t tell me who they partner with, if anyone, for their vacancy listings.
I know there can’t be a definite answer here, which is why I’m posting this in IMHO, in addition to the fact that IMHO is the place for the personal experiences with Walkscore which I hope to read about here.
Bonus question: Given that so many people now search for apartments online, are physical For Rent signs beginning to fall out of favor?