Monthly Rent Report
East Village Rent Report — May 2024
Asking rents in ZIP 10003, New York City, from 1,071 listings.
Median 1BR rent in East Village was $4,425 in May 2024, down 46.8% (−$3,897) from April 2024 and down 3.8% year-over-year. The middle half of 1BR listings asked between $3,450 and $5,754. That puts East Village $2,000 above the New York City citywide 1BR median of $2,425. The month's figures are based on 1,071 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,195 | −$810 (-27.0%) | −$1,302 (-37.2%) | $2,195 – $2,195 | 1 |
| Studio | $3,498 | +$493 (+16.4%) | $0 (0.0%) | $2,895 – $4,100 | 66 |
| Studio | $3,200 | +$195 (+6.5%) | −$297 (-8.5%) | $2,688 – $4,113 | 148 |
| 1BR | $4,425 | −$3,897 (-46.8%) | −$175 (-3.8%) | $3,450 – $5,754 | 96 |
| 1BR | $6,900 | −$1,422 (-17.1%) | +$2,300 (+50.0%) | $6,800 – $7,495 | 5 |
| 1BR | $3,750 | −$4,572 (-54.9%) | −$850 (-18.5%) | $3,000 – $5,825 | 252 |
| 2BR | $5,200 | −$420 (-7.5%) | +$1,100 (+26.8%) | $4,195 – $7,100 | 81 |
| 2BR | $5,000 | −$620 (-11.0%) | +$900 (+22.0%) | $4,195 – $7,000 | 265 |
| 2BR | $2,915 | −$2,705 (-48.1%) | −$1,185 (-28.9%) | $2,915 – $2,915 | 1 |
| 3BR | $19,990 | +$12,995 (+185.8%) | +$13,490 (+207.5%) | $19,990 – $19,990 | 2 |
| 3BR | $6,395 | −$600 (-8.6%) | −$105 (-1.6%) | $6,395 – $6,395 | 1 |
| 3BR | $6,725 | −$270 (-3.9%) | +$225 (+3.5%) | $6,295 – $7,499 | 54 |
| 4BR | $8,995 | +$495 (+5.8%) | +$300 (+3.5%) | $7,995 – $8,995 | 3 |
| 4BR | $8,995 | +$495 (+5.8%) | +$300 (+3.5%) | $7,000 – $9,495 | 25 |
| 4BR | $8,750 | +$250 (+2.9%) | +$55 (+0.6%) | $8,495 – $10,500 | 17 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
East Village vs. New York City — May 2024
| Bedrooms | East Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,195 | $2,350 | −$155 (-6.6%) |
| Studio | $3,498 | $2,350 | +$1,148 (+48.8%) |
| Studio | $3,200 | $2,350 | +$850 (+36.2%) |
| 1BR | $4,425 | $2,425 | +$2,000 (+82.5%) |
| 1BR | $6,900 | $2,425 | +$4,475 (+184.5%) |
| 1BR | $3,750 | $2,425 | +$1,325 (+54.6%) |
| 2BR | $5,200 | $2,914 | +$2,287 (+78.5%) |
| 2BR | $5,000 | $2,914 | +$2,087 (+71.6%) |
| 2BR | $2,915 | $2,914 | +$2 (+0.1%) |
| 3BR | $19,990 | $3,600 | +$16,390 (+455.3%) |
| 3BR | $6,395 | $3,600 | +$2,795 (+77.6%) |
| 3BR | $6,725 | $3,600 | +$3,125 (+86.8%) |
| 4BR | $8,995 | $4,250 | +$4,745 (+111.6%) |
| 4BR | $8,995 | $4,250 | +$4,745 (+111.6%) |
| 4BR | $8,750 | $4,250 | +$4,500 (+105.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.