Monthly Rent Report
Gramercy Park Rent Report — November 2023
Asking rents in ZIP 10010, New York City, from 333 listings.
Median 1BR rent in Gramercy Park was $3,195 in November 2023, down 29.0% (−$1,305) from October 2023 and down 38.5% year-over-year. The middle half of 1BR listings asked between $3,195 and $4,995. That puts Gramercy Park $795 above the New York City citywide 1BR median of $2,400. The month's figures are based on 333 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,425 | −$1,075 (-23.9%) | −$574 (-14.4%) | $3,299 – $3,453 | 7 |
| Studio | $3,200 | −$1,300 (-28.9%) | −$799 (-20.0%) | $2,500 – $3,355 | 25 |
| Studio | $3,438 | −$1,062 (-23.6%) | −$561 (-14.0%) | $2,899 – $4,500 | 46 |
| 1BR | $3,195 | −$1,305 (-29.0%) | −$2,003 (-38.5%) | $3,195 – $4,995 | 7 |
| 1BR | $3,495 | −$1,005 (-22.3%) | −$1,703 (-32.8%) | $3,495 – $3,495 | 2 |
| 1BR | $4,800 | +$300 (+6.7%) | −$398 (-7.7%) | $3,995 – $5,900 | 101 |
| 2BR | $2,990 | −$805 (-21.2%) | −$1,709 (-36.4%) | $2,990 – $2,990 | 1 |
| 2BR | $6,200 | +$2,405 (+63.4%) | +$1,501 (+31.9%) | $5,900 – $6,500 | 4 |
| 2BR | $7,500 | +$3,705 (+97.6%) | +$2,801 (+59.6%) | $5,098 – $11,248 | 107 |
| 3BR | $7,995 | +$3,300 (+70.3%) | +$766 (+10.6%) | $7,500 – $8,105 | 7 |
| 3BR | $7,250 | +$2,555 (+54.4%) | +$21 (+0.3%) | $5,845 – $7,983 | 14 |
| 3BR | $8,230 | +$3,535 (+75.3%) | +$1,001 (+13.8%) | $8,230 – $8,230 | 1 |
| 4BR | $7,295 | −$6,452 (-46.9%) | −$5,700 (-43.9%) | $7,295 – $7,295 | 2 |
| 4BR | $7,295 | −$6,452 (-46.9%) | −$5,700 (-43.9%) | $7,295 – $7,295 | 2 |
| 4BR | $7,595 | −$6,152 (-44.8%) | −$5,400 (-41.6%) | $7,548 – $9,500 | 7 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — November 2023
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,425 | $2,395 | +$1,030 (+43.0%) |
| Studio | $3,200 | $2,395 | +$805 (+33.6%) |
| Studio | $3,438 | $2,395 | +$1,043 (+43.5%) |
| 1BR | $3,195 | $2,400 | +$795 (+33.1%) |
| 1BR | $3,495 | $2,400 | +$1,095 (+45.6%) |
| 1BR | $4,800 | $2,400 | +$2,400 (+100.0%) |
| 2BR | $2,990 | $2,798 | +$193 (+6.9%) |
| 2BR | $6,200 | $2,798 | +$3,403 (+121.6%) |
| 2BR | $7,500 | $2,798 | +$4,703 (+168.1%) |
| 3BR | $7,995 | $3,300 | +$4,695 (+142.3%) |
| 3BR | $7,250 | $3,300 | +$3,950 (+119.7%) |
| 3BR | $8,230 | $3,300 | +$4,930 (+149.4%) |
| 4BR | $7,295 | $4,199 | +$3,096 (+73.7%) |
| 4BR | $7,295 | $4,199 | +$3,096 (+73.7%) |
| 4BR | $7,595 | $4,199 | +$3,396 (+80.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.