Monthly Rent Report
Lower East Side Rent Report — January 2023
Asking rents in ZIP 10002, New York City, from 557 listings.
Median 1BR rent in Lower East Side was $4,700 in January 2023, down 6.0% (−$297) from December 2022. The middle half of 1BR listings asked between $4,700 and $4,700. That puts Lower East Side $2,411 above the New York City citywide 1BR median of $2,289. The month's figures are based on 557 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$105 (+3.1%) | — | $3,200 – $4,000 | 39 |
| Studio | $2,475 | −$920 (-27.1%) | — | $2,361 – $3,363 | 14 |
| Studio | $3,750 | +$355 (+10.5%) | — | $3,750 – $3,750 | 1 |
| 1BR | $4,700 | −$297 (-6.0%) | — | $4,700 – $4,700 | 1 |
| 1BR | $3,200 | −$1,797 (-36.0%) | — | $2,895 – $4,385 | 54 |
| 1BR | $4,700 | −$297 (-6.0%) | — | $3,823 – $5,533 | 115 |
| 2BR | $4,025 | +$25 (+0.6%) | — | $3,200 – $5,469 | 82 |
| 2BR | $7,350 | +$3,350 (+83.8%) | — | $6,673 – $7,525 | 3 |
| 2BR | $4,500 | +$500 (+12.5%) | — | $3,500 – $7,175 | 115 |
| 3BR | $5,500 | +$205 (+3.9%) | — | $4,798 – $6,349 | 48 |
| 3BR | $5,295 | $0 (0.0%) | — | $5,295 – $5,295 | 1 |
| 3BR | $5,175 | −$120 (-2.3%) | — | $4,100 – $6,000 | 41 |
| 4BR | $5,995 | −$1,005 (-14.4%) | — | $5,995 – $7,000 | 9 |
| 4BR | $5,998 | −$1,002 (-14.3%) | — | $5,995 – $7,495 | 14 |
| 4BR | $7,000 | $0 (0.0%) | — | $6,519 – $8,484 | 12 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — January 2023
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,197 | +$1,303 (+59.3%) |
| Studio | $2,475 | $2,197 | +$278 (+12.7%) |
| Studio | $3,750 | $2,197 | +$1,553 (+70.7%) |
| 1BR | $4,700 | $2,289 | +$2,411 (+105.3%) |
| 1BR | $3,200 | $2,289 | +$911 (+39.8%) |
| 1BR | $4,700 | $2,289 | +$2,411 (+105.3%) |
| 2BR | $4,025 | $2,700 | +$1,325 (+49.1%) |
| 2BR | $7,350 | $2,700 | +$4,650 (+172.2%) |
| 2BR | $4,500 | $2,700 | +$1,800 (+66.7%) |
| 3BR | $5,500 | $3,200 | +$2,300 (+71.9%) |
| 3BR | $5,295 | $3,200 | +$2,095 (+65.5%) |
| 3BR | $5,175 | $3,200 | +$1,975 (+61.7%) |
| 4BR | $5,995 | $3,861 | +$2,134 (+55.3%) |
| 4BR | $5,998 | $3,861 | +$2,136 (+55.3%) |
| 4BR | $7,000 | $3,861 | +$3,139 (+81.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.