Monthly Rent Report
Gramercy Park Rent Report — February 2024
Asking rents in ZIP 10010, New York City, from 413 listings.
Median 1BR rent in Gramercy Park was $4,000 in February 2024, down 36.0% (−$2,250) from January 2024 and down 0.1% year-over-year. The middle half of 1BR listings asked between $4,000 and $4,000. That puts Gramercy Park $1,550 above the New York City citywide 1BR median of $2,450. The month's figures are based on 413 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,598 | +$1,018 (+28.4%) | +$1,348 (+41.5%) | $4,598 – $4,598 | 1 |
| Studio | $3,520 | −$60 (-1.7%) | +$270 (+8.3%) | $3,375 – $3,701 | 24 |
| Studio | $4,270 | +$690 (+19.3%) | +$1,020 (+31.4%) | $3,406 – $5,300 | 54 |
| 1BR | $4,000 | −$2,250 (-36.0%) | −$5 (-0.1%) | $4,000 – $4,000 | 1 |
| 1BR | $5,000 | −$1,250 (-20.0%) | +$995 (+24.8%) | $4,184 – $6,090 | 96 |
| 1BR | $4,220 | −$2,030 (-32.5%) | +$215 (+5.4%) | $3,795 – $4,495 | 65 |
| 2BR | $5,455 | +$710 (+15.0%) | +$993 (+22.2%) | $5,135 – $5,605 | 46 |
| 2BR | $8,495 | +$3,750 (+79.0%) | +$4,033 (+90.4%) | $5,893 – $10,495 | 67 |
| 2BR | $3,400 | −$1,345 (-28.3%) | −$1,062 (-23.8%) | $3,400 – $4,434 | 3 |
| 3BR | $7,141 | −$6 (-0.1%) | +$1,546 (+27.6%) | $6,820 – $7,470 | 16 |
| 3BR | $7,595 | +$448 (+6.3%) | +$2,000 (+35.7%) | $7,545 – $7,595 | 3 |
| 3BR | $7,319 | +$172 (+2.4%) | +$1,724 (+30.8%) | $6,186 – $8,750 | 20 |
| 4BR | $7,000 | −$8,000 (-53.3%) | −$5,500 (-44.0%) | $7,000 – $7,200 | 3 |
| 4BR | $7,000 | −$8,000 (-53.3%) | −$5,500 (-44.0%) | $7,000 – $7,000 | 1 |
| 4BR | $9,250 | −$5,750 (-38.3%) | −$3,250 (-26.0%) | $7,495 – $9,800 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — February 2024
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,598 | $2,359 | +$2,239 (+94.9%) |
| Studio | $3,520 | $2,359 | +$1,161 (+49.2%) |
| Studio | $4,270 | $2,359 | +$1,911 (+81.0%) |
| 1BR | $4,000 | $2,450 | +$1,550 (+63.3%) |
| 1BR | $5,000 | $2,450 | +$2,550 (+104.1%) |
| 1BR | $4,220 | $2,450 | +$1,770 (+72.2%) |
| 2BR | $5,455 | $2,979 | +$2,476 (+83.1%) |
| 2BR | $8,495 | $2,979 | +$5,516 (+185.2%) |
| 2BR | $3,400 | $2,979 | +$421 (+14.1%) |
| 3BR | $7,141 | $3,500 | +$3,641 (+104.0%) |
| 3BR | $7,595 | $3,500 | +$4,095 (+117.0%) |
| 3BR | $7,319 | $3,500 | +$3,819 (+109.1%) |
| 4BR | $7,000 | $4,148 | +$2,853 (+68.8%) |
| 4BR | $7,000 | $4,148 | +$2,853 (+68.8%) |
| 4BR | $9,250 | $4,148 | +$5,103 (+123.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.