Monthly Rent Report
Lower East Side Rent Report — December 2022
Asking rents in ZIP 10002, New York City, from 255 listings.
Median 1BR rent in Lower East Side was $4,450 in December 2022, up 3.5% (+$153) from November 2022. The middle half of 1BR listings asked between $4,450 and $4,450. That puts Lower East Side $2,229 above the New York City citywide 1BR median of $2,222. The month's figures are based on 255 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,460 | −$937 (-27.6%) | — | $2,294 – $2,919 | 12 |
| Studio | $2,795 | −$602 (-17.7%) | — | $2,288 – $4,010 | 15 |
| Studio | $3,395 | −$2 (-0.1%) | — | $3,395 – $3,395 | 1 |
| 1BR | $4,450 | +$153 (+3.5%) | — | $4,450 – $4,450 | 1 |
| 1BR | $2,950 | −$1,347 (-31.4%) | — | $2,750 – $3,395 | 25 |
| 1BR | $4,998 | +$700 (+16.3%) | — | $3,156 – $5,654 | 40 |
| 2BR | $4,850 | −$3,000 (-38.2%) | — | $3,538 – $7,694 | 46 |
| 2BR | $3,199 | −$4,651 (-59.2%) | — | $3,199 – $3,199 | 1 |
| 2BR | $4,000 | −$3,850 (-49.0%) | — | $3,200 – $4,465 | 28 |
| 3BR | $5,000 | −$1,097 (-18.0%) | — | $4,395 – $5,498 | 27 |
| 3BR | $5,695 | −$402 (-6.6%) | — | $5,000 – $7,675 | 23 |
| 3BR | $5,295 | −$802 (-13.2%) | — | $5,295 – $5,295 | 2 |
| 4BR | $8,000 | $0 (0.0%) | — | $7,675 – $8,100 | 4 |
| 4BR | $6,500 | −$1,500 (-18.8%) | — | $6,000 – $7,000 | 6 |
| 4BR | $7,000 | −$1,000 (-12.5%) | — | $6,375 – $8,100 | 24 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — December 2022
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,460 | $2,098 | +$363 (+17.3%) |
| Studio | $2,795 | $2,098 | +$698 (+33.3%) |
| Studio | $3,395 | $2,098 | +$1,298 (+61.9%) |
| 1BR | $4,450 | $2,222 | +$2,229 (+100.3%) |
| 1BR | $2,950 | $2,222 | +$729 (+32.8%) |
| 1BR | $4,998 | $2,222 | +$2,776 (+125.0%) |
| 2BR | $4,850 | $2,700 | +$2,150 (+79.6%) |
| 2BR | $3,199 | $2,700 | +$499 (+18.5%) |
| 2BR | $4,000 | $2,700 | +$1,300 (+48.1%) |
| 3BR | $5,000 | $3,200 | +$1,800 (+56.3%) |
| 3BR | $5,695 | $3,200 | +$2,495 (+78.0%) |
| 3BR | $5,295 | $3,200 | +$2,095 (+65.5%) |
| 4BR | $8,000 | $3,750 | +$4,250 (+113.3%) |
| 4BR | $6,500 | $3,750 | +$2,750 (+73.3%) |
| 4BR | $7,000 | $3,750 | +$3,250 (+86.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.