Monthly Rent Report

Lower East Side Rent Report — October 2022

Asking rents in ZIP 10002, New York City, from 281 listings.

Median 1BR rent in Lower East Side was $3,498 in October 2022, up 9.5% (+$303) from September 2022. The middle half of 1BR listings asked between $2,749 and $5,286. That puts Lower East Side $1,243 above the New York City citywide 1BR median of $2,255. The month's figures are based on 281 listings across 18 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. Year AgoP25–P75 RangeListings
Studio$2,554+$59 (+2.3%)$2,437 – $4,03424
Studio$2,299−$196 (-7.9%)$2,299 – $2,2991
Studio$2,449−$46 (-1.8%)$2,300 – $2,72323
1BR$3,498+$303 (+9.5%)$2,749 – $5,28672
1BR$4,473+$1,278 (+40.0%)$4,461 – $4,4842
1BR$4,950+$1,755 (+54.9%)$4,400 – $4,9509
2BR$4,123+$425 (+11.5%)$3,586 – $4,5954
2BR$5,995+$2,298 (+62.1%)$5,995 – $5,9951
2BR$3,573−$125 (-3.4%)$3,484 – $3,6612
2BR$4,500+$803 (+21.7%)$3,800 – $6,20085
3BR$5,125−$570 (-10.0%)$4,495 – $6,52540
3BR$3,495−$2,200 (-38.6%)$3,371 – $3,4954
3BR$6,495+$800 (+14.0%)$6,495 – $6,4951
4BR$5,000−$3,750 (-42.9%)$5,000 – $5,0003
4BR$9,500+$750 (+8.6%)$9,500 – $9,5001
4BR$9,500+$750 (+8.6%)$8,425 – $9,9957

Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.

Lower East Side vs. New York CityOctober 2022

BedroomsLower East Side MedianNYC Citywide MedianDifference
Studio$2,554$2,283+$271 (+11.9%)
Studio$2,299$2,283+$17 (+0.7%)
Studio$2,449$2,283+$167 (+7.3%)
1BR$3,498$2,255+$1,243 (+55.1%)
1BR$4,473$2,255+$2,218 (+98.3%)
1BR$4,950$2,255+$2,695 (+119.5%)
2BR$4,123$2,700+$1,423 (+52.7%)
2BR$5,995$2,700+$3,295 (+122.0%)
2BR$3,573$2,700+$873 (+32.3%)
2BR$4,500$2,700+$1,800 (+66.7%)
3BR$5,125$3,200+$1,925 (+60.2%)
3BR$3,495$3,200+$295 (+9.2%)
3BR$6,495$3,200+$3,295 (+103.0%)
4BR$5,000$3,999+$1,001 (+25.0%)
4BR$9,500$3,999+$5,501 (+137.6%)
4BR$9,500$3,999+$5,501 (+137.6%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.

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