Monthly Rent Report
Gramercy Park Rent Report — October 2023
Asking rents in ZIP 10010, New York City, from 257 listings.
Median 1BR rent in Gramercy Park was $4,500 in October 2023, up 15.5% (+$605) from September 2023 and down 9.9% year-over-year. The middle half of 1BR listings asked between $3,775 and $4,979. That puts Gramercy Park $2,050 above the New York City citywide 1BR median of $2,450. The month's figures are based on 257 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,795 | +$70 (+1.9%) | +$95 (+2.6%) | $3,335 – $5,015 | 139 |
| Studio | $4,500 | +$775 (+20.8%) | +$800 (+21.6%) | $4,500 – $4,500 | 1 |
| Studio | $3,600 | −$125 (-3.4%) | −$100 (-2.7%) | $3,063 – $4,500 | 11 |
| 1BR | $4,500 | +$605 (+15.5%) | −$495 (-9.9%) | $3,775 – $4,979 | 32 |
| 1BR | $3,695 | −$200 (-5.1%) | −$1,300 (-26.0%) | $3,695 – $3,695 | 1 |
| 1BR | $3,550 | −$345 (-8.9%) | −$1,445 (-28.9%) | $3,200 – $5,750 | 8 |
| 2BR | $6,470 | −$11,530 (-64.1%) | +$398 (+6.5%) | $4,880 – $7,500 | 25 |
| 2BR | $4,695 | −$13,305 (-73.9%) | −$1,377 (-22.7%) | $4,695 – $14,000 | 5 |
| 2BR | $3,795 | −$14,205 (-78.9%) | −$2,277 (-37.5%) | $3,795 – $3,795 | 1 |
| 3BR | $8,063 | +$2,313 (+40.2%) | +$335 (+4.3%) | $8,011 – $9,441 | 6 |
| 3BR | $4,600 | −$1,150 (-20.0%) | −$3,128 (-40.5%) | $4,600 – $4,600 | 1 |
| 3BR | $4,695 | −$1,055 (-18.3%) | −$3,033 (-39.2%) | $4,695 – $4,695 | 2 |
| 4BR | $10,748 | +$2,753 (+34.4%) | +$2,753 (+34.4%) | $8,995 – $12,600 | 16 |
| 4BR | $12,500 | +$4,505 (+56.3%) | +$4,505 (+56.3%) | $12,500 – $12,500 | 1 |
| 4BR | $13,748 | +$5,753 (+72.0%) | +$5,753 (+72.0%) | $12,500 – $15,621 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — October 2023
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,795 | $2,411 | +$1,385 (+57.4%) |
| Studio | $4,500 | $2,411 | +$2,090 (+86.7%) |
| Studio | $3,600 | $2,411 | +$1,190 (+49.3%) |
| 1BR | $4,500 | $2,450 | +$2,050 (+83.7%) |
| 1BR | $3,695 | $2,450 | +$1,245 (+50.8%) |
| 1BR | $3,550 | $2,450 | +$1,100 (+44.9%) |
| 2BR | $6,470 | $2,900 | +$3,570 (+123.1%) |
| 2BR | $4,695 | $2,900 | +$1,795 (+61.9%) |
| 2BR | $3,795 | $2,900 | +$895 (+30.9%) |
| 3BR | $8,063 | $3,349 | +$4,714 (+140.8%) |
| 3BR | $4,600 | $3,349 | +$1,251 (+37.4%) |
| 3BR | $4,695 | $3,349 | +$1,346 (+40.2%) |
| 4BR | $10,748 | $4,200 | +$6,548 (+155.9%) |
| 4BR | $12,500 | $4,200 | +$8,300 (+197.6%) |
| 4BR | $13,748 | $4,200 | +$9,548 (+227.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.