Monthly Rent Report
Gramercy Park Rent Report — June 2023
Asking rents in ZIP 10010, New York City, from 359 listings.
Median 1BR rent in Gramercy Park was $5,375 in June 2023, up 27.2% (+$1,150) from May 2023 and up 5.8% year-over-year. The middle half of 1BR listings asked between $4,250 and $6,625. That puts Gramercy Park $2,888 above the New York City citywide 1BR median of $2,488. The month's figures are based on 359 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,450 | −$1,356 (-28.2%) | −$268 (-7.2%) | $3,450 – $3,450 | 1 |
| Studio | $4,235 | −$571 (-11.9%) | +$517 (+13.9%) | $3,415 – $5,200 | 61 |
| 1BR | $5,375 | +$1,150 (+27.2%) | +$293 (+5.8%) | $4,250 – $6,625 | 134 |
| 1BR | $4,250 | +$25 (+0.6%) | −$832 (-16.4%) | $4,250 – $4,250 | 1 |
| 1BR | $4,720 | +$495 (+11.7%) | −$362 (-7.1%) | $4,613 – $4,838 | 3 |
| 2BR | $6,325 | −$275 (-4.2%) | +$1,975 (+45.4%) | $6,138 – $6,378 | 8 |
| 2BR | $6,395 | −$205 (-3.1%) | +$2,045 (+47.0%) | $5,415 – $9,995 | 93 |
| 2BR | $5,230 | −$1,370 (-20.8%) | +$880 (+20.2%) | $4,690 – $5,770 | 2 |
| 3BR | $8,785 | +$1,435 (+19.5%) | +$988 (+12.7%) | $8,785 – $8,785 | 1 |
| 3BR | $4,795 | −$2,555 (-34.8%) | −$3,002 (-38.5%) | $4,795 – $4,795 | 1 |
| 3BR | $8,621 | +$1,271 (+17.3%) | +$824 (+10.6%) | $6,995 – $12,240 | 36 |
| 4BR | $16,000 | $0 (0.0%) | +$8,700 (+119.2%) | $16,000 – $16,000 | 1 |
| 4BR | $10,000 | −$6,000 (-37.5%) | +$2,700 (+37.0%) | $8,200 – $14,000 | 11 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — June 2023
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,450 | $2,500 | +$950 (+38.0%) |
| Studio | $4,235 | $2,500 | +$1,735 (+69.4%) |
| 1BR | $5,375 | $2,488 | +$2,888 (+116.1%) |
| 1BR | $4,250 | $2,488 | +$1,763 (+70.9%) |
| 1BR | $4,720 | $2,488 | +$2,233 (+89.7%) |
| 2BR | $6,325 | $2,828 | +$3,497 (+123.6%) |
| 2BR | $6,395 | $2,828 | +$3,567 (+126.1%) |
| 2BR | $5,230 | $2,828 | +$2,402 (+84.9%) |
| 3BR | $8,785 | $3,300 | +$5,485 (+166.2%) |
| 3BR | $4,795 | $3,300 | +$1,495 (+45.3%) |
| 3BR | $8,621 | $3,300 | +$5,321 (+161.2%) |
| 4BR | $16,000 | $4,200 | +$11,800 (+281.0%) |
| 4BR | $10,000 | $4,200 | +$5,800 (+138.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.