Monthly Rent Report
Gramercy Park Rent Report — September 2023
Asking rents in ZIP 10010, New York City, from 36 listings.
Median 1BR rent in Gramercy Park was $5,500 in September 2023, up 30.2% (+$1,275) from August 2023 and up 1.7% year-over-year. The middle half of 1BR listings asked between $4,900 and $5,500. That puts Gramercy Park $3,000 above the New York City citywide 1BR median of $2,500. The month's figures are based on 36 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,725 | +$550 (+17.3%) | +$225 (+6.4%) | $2,900 – $4,100 | 9 |
| Studio | $3,800 | +$625 (+19.7%) | +$300 (+8.6%) | $3,800 – $3,800 | 1 |
| 1BR | $5,500 | +$1,275 (+30.2%) | +$93 (+1.7%) | $4,900 – $5,500 | 5 |
| 1BR | $3,895 | −$330 (-7.8%) | −$1,512 (-28.0%) | $3,895 – $3,895 | 1 |
| 1BR | $4,700 | +$475 (+11.2%) | −$707 (-13.1%) | $4,250 – $5,995 | 5 |
| 2BR | $8,900 | +$145 (+1.7%) | +$1,900 (+27.1%) | $7,875 – $9,350 | 3 |
| 2BR | $4,830 | −$3,925 (-44.8%) | −$2,170 (-31.0%) | $4,413 – $5,248 | 2 |
| 2BR | $18,000 | +$9,245 (+105.6%) | +$11,000 (+157.1%) | $18,000 – $18,000 | 2 |
| 3BR | $9,895 | +$2,190 (+28.4%) | +$2,920 (+41.9%) | $9,895 – $9,895 | 1 |
| 3BR | $3,695 | −$4,010 (-52.0%) | −$3,280 (-47.0%) | $3,695 – $3,695 | 1 |
| 3BR | $5,750 | −$1,955 (-25.4%) | −$1,225 (-17.6%) | $5,750 – $5,750 | 1 |
| 4BR | $7,995 | −$1,000 (-11.1%) | −$500 (-5.9%) | $5,400 – $14,995 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — September 2023
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,725 | $2,400 | +$1,325 (+55.2%) |
| Studio | $3,800 | $2,400 | +$1,400 (+58.3%) |
| 1BR | $5,500 | $2,500 | +$3,000 (+120.0%) |
| 1BR | $3,895 | $2,500 | +$1,395 (+55.8%) |
| 1BR | $4,700 | $2,500 | +$2,200 (+88.0%) |
| 2BR | $8,900 | $3,000 | +$5,900 (+196.7%) |
| 2BR | $4,830 | $3,000 | +$1,830 (+61.0%) |
| 2BR | $18,000 | $3,000 | +$15,000 (+500.0%) |
| 3BR | $9,895 | $3,500 | +$6,395 (+182.7%) |
| 3BR | $3,695 | $3,500 | +$195 (+5.6%) |
| 3BR | $5,750 | $3,500 | +$2,250 (+64.3%) |
| 4BR | $7,995 | $4,325 | +$3,670 (+84.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.