Monthly Rent Report

Gramercy Park Rent Report — March 2023

Asking rents in ZIP 10010, New York City, from 380 listings.

Median 1BR rent in Gramercy Park was $4,495 in March 2023, down 10.0% (−$500) from February 2023 and up 3.9% year-over-year. The middle half of 1BR listings asked between $4,495 and $4,495. That puts Gramercy Park $2,196 above the New York City citywide 1BR median of $2,299. The month's figures are based on 380 listings across 18 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
Studio$3,250+$35 (+1.1%)−$250 (-7.1%)$3,250 – $3,2501
Studio$3,220+$5 (+0.2%)−$280 (-8.0%)$2,825 – $3,23819
Studio$4,587+$1,372 (+42.7%)+$1,087 (+31.1%)$3,636 – $5,20048
1BR$4,495−$500 (-10.0%)+$167 (+3.9%)$4,495 – $4,4951
1BR$4,358−$637 (-12.8%)+$30 (+0.7%)$4,005 – $5,05241
1BR$5,295+$300 (+6.0%)+$967 (+22.3%)$4,499 – $6,519122
2BR$6,025−$210 (-3.4%)+$725 (+13.7%)$5,205 – $9,46347
2BR$4,195−$2,040 (-32.7%)−$1,105 (-20.8%)$4,095 – $4,2952
2BR$5,935−$300 (-4.8%)+$635 (+12.0%)$5,025 – $6,25939
3BR$6,515−$895 (-12.1%)+$515 (+8.6%)$5,098 – $7,41027
3BR$6,000−$1,410 (-19.0%)$0 (0.0%)$5,422 – $7,39718
3BR$5,495−$1,915 (-25.8%)−$505 (-8.4%)$5,445 – $5,5454
4BR$10,948−$1,552 (-12.4%)$9,471 – $12,4242
4BR$7,995−$4,505 (-36.0%)$7,995 – $7,9952
4BR$7,995−$4,505 (-36.0%)$7,995 – $7,9951

Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.

Gramercy Park vs. New York CityMarch 2023

BedroomsGramercy Park MedianNYC Citywide MedianDifference
Studio$3,250$2,200+$1,050 (+47.7%)
Studio$3,220$2,200+$1,020 (+46.4%)
Studio$4,587$2,200+$2,387 (+108.5%)
1BR$4,495$2,299+$2,196 (+95.5%)
1BR$4,358$2,299+$2,059 (+89.6%)
1BR$5,295$2,299+$2,996 (+130.3%)
2BR$6,025$2,650+$3,375 (+127.4%)
2BR$4,195$2,650+$1,545 (+58.3%)
2BR$5,935$2,650+$3,285 (+124.0%)
3BR$6,515$3,200+$3,315 (+103.6%)
3BR$6,000$3,200+$2,800 (+87.5%)
3BR$5,495$3,200+$2,295 (+71.7%)
4BR$10,948$3,995+$6,953 (+174.0%)
4BR$7,995$3,995+$4,000 (+100.1%)
4BR$7,995$3,995+$4,000 (+100.1%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.

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