Monthly Rent Report
Gramercy Park Rent Report — May 2025
Asking rents in ZIP 10010, New York City, from 163 listings.
Median 1BR rent in Gramercy Park was $4,500 in May 2025, down 0.3% (−$14) from April 2025 and down 18.1% year-over-year. The middle half of 1BR listings asked between $4,250 and $5,500. That puts Gramercy Park $1,659 above the New York City citywide 1BR median of $2,841. The month's figures are based on 163 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,975 | −$881 (-18.1%) | +$680 (+20.6%) | $3,975 – $3,975 | 1 |
| Studio | $4,686 | −$170 (-3.5%) | +$1,391 (+42.2%) | $3,971 – $5,249 | 57 |
| 1BR | $4,500 | −$14 (-0.3%) | −$997 (-18.1%) | $4,250 – $5,500 | 57 |
| 1BR | $5,530 | +$1,016 (+22.5%) | +$33 (+0.6%) | $5,530 – $5,530 | 1 |
| 2BR | $6,235 | −$124 (-2.0%) | +$460 (+8.0%) | $5,716 – $6,772 | 24 |
| 2BR | $5,817 | −$542 (-8.5%) | +$42 (+0.7%) | $5,753 – $6,293 | 3 |
| 3BR | $7,495 | −$113 (-1.5%) | +$645 (+9.4%) | $7,055 – $7,880 | 15 |
| 3BR | $8,262 | +$654 (+8.6%) | +$1,412 (+20.6%) | $7,788 – $8,735 | 2 |
| 4BR | $6,950 | −$2,550 (-26.8%) | −$645 (-8.5%) | $6,875 – $7,025 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Gramercy Park vs. New York City — May 2025
| Bedrooms | Gramercy Park Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,975 | $2,799 | +$1,176 (+42.0%) |
| Studio | $4,686 | $2,799 | +$1,887 (+67.4%) |
| 1BR | $4,500 | $2,841 | +$1,659 (+58.4%) |
| 1BR | $5,530 | $2,841 | +$2,689 (+94.7%) |
| 2BR | $6,235 | $3,263 | +$2,972 (+91.1%) |
| 2BR | $5,817 | $3,263 | +$2,555 (+78.3%) |
| 3BR | $7,495 | $3,777 | +$3,718 (+98.4%) |
| 3BR | $8,262 | $3,777 | +$4,485 (+118.7%) |
| 4BR | $6,950 | $4,345 | +$2,605 (+60.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.