Monthly Rent Report
Gramercy Park Rent Report — March 2024
Asking rents in ZIP 10010, New York City, from 349 listings.
Median 1BR rent in Gramercy Park was $4,900 in March 2024, up 22.5% (+$900) from February 2024 and down 7.5% year-over-year. The middle half of 1BR listings asked between $4,255 and $5,971. That puts Gramercy Park $2,401 above the New York City citywide 1BR median of $2,499. The month's figures are based on 349 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,795 | −$803 (-17.5%) | +$545 (+16.8%) | $3,475 – $4,545 | 29 |
| Studio | $4,848 | +$250 (+5.4%) | +$1,598 (+49.2%) | $3,538 – $5,296 | 22 |
| Studio | $4,138 | −$460 (-10.0%) | +$888 (+27.3%) | $3,278 – $4,700 | 54 |
| 1BR | $4,900 | +$900 (+22.5%) | −$395 (-7.5%) | $4,255 – $5,971 | 57 |
| 1BR | $6,250 | +$2,250 (+56.3%) | +$955 (+18.0%) | $6,250 – $6,250 | 2 |
| 1BR | $4,676 | +$676 (+16.9%) | −$619 (-11.7%) | $3,938 – $5,500 | 52 |
| 2BR | $6,250 | +$795 (+14.6%) | +$315 (+5.3%) | $5,420 – $8,873 | 39 |
| 2BR | $5,495 | +$40 (+0.7%) | −$440 (-7.4%) | $5,165 – $5,790 | 41 |
| 2BR | $3,500 | −$1,955 (-35.8%) | −$2,435 (-41.0%) | $3,450 – $4,485 | 3 |
| 3BR | $7,319 | +$178 (+2.5%) | +$1,319 (+22.0%) | $6,722 – $8,225 | 14 |
| 3BR | $7,500 | +$360 (+5.0%) | +$1,500 (+25.0%) | $7,130 – $7,823 | 22 |
| 3BR | $7,295 | +$155 (+2.2%) | +$1,295 (+21.6%) | $7,295 – $7,295 | 1 |
| 4BR | $9,600 | +$2,600 (+37.1%) | −$1,347 (-12.3%) | $9,600 – $9,600 | 1 |
| 4BR | $9,600 | +$2,600 (+37.1%) | −$1,347 (-12.3%) | $7,950 – $9,600 | 6 |
| 4BR | $8,500 | +$1,500 (+21.4%) | −$2,447 (-22.4%) | $7,374 – $11,200 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — March 2024
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,795 | $2,450 | +$1,345 (+54.9%) |
| Studio | $4,848 | $2,450 | +$2,398 (+97.9%) |
| Studio | $4,138 | $2,450 | +$1,688 (+68.9%) |
| 1BR | $4,900 | $2,499 | +$2,401 (+96.1%) |
| 1BR | $6,250 | $2,499 | +$3,751 (+150.1%) |
| 1BR | $4,676 | $2,499 | +$2,177 (+87.1%) |
| 2BR | $6,250 | $2,995 | +$3,256 (+108.7%) |
| 2BR | $5,495 | $2,995 | +$2,501 (+83.5%) |
| 2BR | $3,500 | $2,995 | +$506 (+16.9%) |
| 3BR | $7,319 | $3,500 | +$3,819 (+109.1%) |
| 3BR | $7,500 | $3,500 | +$4,000 (+114.3%) |
| 3BR | $7,295 | $3,500 | +$3,795 (+108.4%) |
| 4BR | $9,600 | $4,250 | +$5,351 (+125.9%) |
| 4BR | $9,600 | $4,250 | +$5,351 (+125.9%) |
| 4BR | $8,500 | $4,250 | +$4,251 (+100.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.