Monthly Rent Report
Gramercy Park Rent Report — July 2023
Asking rents in ZIP 10010, New York City, from 134 listings.
Median 1BR rent in Gramercy Park was $4,680 in July 2023, down 12.9% (−$695) from June 2023 and down 12.5% year-over-year. The middle half of 1BR listings asked between $4,623 and $4,728. That puts Gramercy Park $2,230 above the New York City citywide 1BR median of $2,450. The month's figures are based on 134 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$735 (-17.4%) | −$200 (-5.4%) | $3,500 – $3,500 | 1 |
| Studio | $4,000 | −$235 (-5.5%) | +$300 (+8.1%) | $3,500 – $5,250 | 13 |
| Studio | $3,595 | −$640 (-15.1%) | −$105 (-2.8%) | $3,515 – $3,750 | 3 |
| 1BR | $4,680 | −$695 (-12.9%) | −$670 (-12.5%) | $4,623 – $4,728 | 4 |
| 1BR | $4,500 | −$875 (-16.3%) | −$850 (-15.9%) | $3,759 – $5,250 | 40 |
| 1BR | $4,250 | −$1,125 (-20.9%) | −$1,100 (-20.6%) | $4,250 – $4,250 | 1 |
| 2BR | $8,611 | +$3,381 (+64.6%) | +$3,111 (+56.6%) | $5,879 – $10,993 | 36 |
| 2BR | $4,023 | −$1,207 (-23.1%) | −$1,477 (-26.9%) | $3,959 – $4,086 | 2 |
| 2BR | $6,325 | +$1,095 (+20.9%) | +$825 (+15.0%) | $6,220 – $6,435 | 7 |
| 3BR | $9,100 | +$479 (+5.6%) | +$1,105 (+13.8%) | $9,088 – $9,113 | 2 |
| 3BR | $6,570 | −$2,051 (-23.8%) | −$1,425 (-17.8%) | $5,683 – $7,423 | 3 |
| 3BR | $8,300 | −$321 (-3.7%) | +$305 (+3.8%) | $7,381 – $11,582 | 10 |
| 4BR | $8,500 | −$7,500 (-46.9%) | +$1,200 (+16.4%) | $8,500 – $10,500 | 5 |
| 4BR | $9,500 | −$6,500 (-40.6%) | +$2,200 (+30.1%) | $9,000 – $10,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — July 2023
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,498 | +$1,003 (+40.1%) |
| Studio | $4,000 | $2,498 | +$1,503 (+60.2%) |
| Studio | $3,595 | $2,498 | +$1,098 (+43.9%) |
| 1BR | $4,680 | $2,450 | +$2,230 (+91.0%) |
| 1BR | $4,500 | $2,450 | +$2,050 (+83.7%) |
| 1BR | $4,250 | $2,450 | +$1,800 (+73.5%) |
| 2BR | $8,611 | $2,800 | +$5,811 (+207.5%) |
| 2BR | $4,023 | $2,800 | +$1,223 (+43.7%) |
| 2BR | $6,325 | $2,800 | +$3,525 (+125.9%) |
| 3BR | $9,100 | $3,400 | +$5,700 (+167.7%) |
| 3BR | $6,570 | $3,400 | +$3,170 (+93.2%) |
| 3BR | $8,300 | $3,400 | +$4,900 (+144.1%) |
| 4BR | $8,500 | $4,200 | +$4,300 (+102.4%) |
| 4BR | $9,500 | $4,200 | +$5,300 (+126.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.