Monthly Rent Report

Gramercy Park Rent Report — December 2023

Asking rents in ZIP 10010, New York City, from 367 listings.

Median 1BR rent in Gramercy Park was $4,459 in December 2023, up 39.5% (+$1,264) from November 2023 and down 25.1% year-over-year. The middle half of 1BR listings asked between $4,005 and $4,742. That puts Gramercy Park $2,059 above the New York City citywide 1BR median of $2,400. The month's figures are based on 367 listings across 15 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$3,095−$342 (-10.0%)−$130 (-4.0%)$2,954 – $3,25335
Studio$3,905+$468 (+13.6%)+$680 (+21.1%)$3,905 – $3,9051
Studio$3,900+$463 (+13.5%)+$675 (+20.9%)$3,150 – $4,60051
1BR$4,459+$1,264 (+39.5%)−$1,491 (-25.1%)$4,005 – $4,7424
1BR$2,938−$257 (-8.1%)−$3,012 (-50.6%)$2,656 – $3,2192
1BR$4,852+$1,657 (+51.9%)−$1,098 (-18.5%)$4,000 – $6,100117
2BR$6,395−$1,105 (-14.7%)+$1,124 (+21.3%)$5,300 – $9,200109
2BR$4,495−$3,005 (-40.1%)−$776 (-14.7%)$4,495 – $4,4951
2BR$5,420−$2,080 (-27.7%)+$149 (+2.8%)$5,368 – $7,9248
3BR$8,165+$170 (+2.1%)+$2,565 (+45.8%)$8,093 – $8,2404
3BR$6,000−$1,995 (-25.0%)+$400 (+7.1%)$5,200 – $8,31025
3BR$4,695−$3,300 (-41.3%)−$905 (-16.2%)$4,695 – $4,6954
4BR$7,595$0 (0.0%)−$5,400 (-41.6%)$7,595 – $8,1983
4BR$6,876−$719 (-9.5%)−$6,119 (-47.1%)$6,876 – $6,8761
4BR$7,236−$359 (-4.7%)−$5,759 (-44.3%)$7,056 – $7,4152

Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.

Gramercy Park vs. New York CityDecember 2023

BedroomsGramercy Park MedianNYC Citywide MedianDifference
Studio$3,095$2,362+$733 (+31.1%)
Studio$3,905$2,362+$1,543 (+65.4%)
Studio$3,900$2,362+$1,538 (+65.1%)
1BR$4,459$2,400+$2,059 (+85.8%)
1BR$2,938$2,400+$538 (+22.4%)
1BR$4,852$2,400+$2,452 (+102.2%)
2BR$6,395$2,900+$3,495 (+120.5%)
2BR$4,495$2,900+$1,595 (+55.0%)
2BR$5,420$2,900+$2,520 (+86.9%)
3BR$8,165$3,500+$4,665 (+133.3%)
3BR$6,000$3,500+$2,500 (+71.4%)
3BR$4,695$3,500+$1,195 (+34.1%)
4BR$7,595$4,070+$3,525 (+86.6%)
4BR$6,876$4,070+$2,806 (+68.9%)
4BR$7,236$4,070+$3,166 (+77.8%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.

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