Monthly Rent Report
Lower East Side Rent Report — March 2023
Asking rents in ZIP 10002, New York City, from 469 listings.
Median 1BR rent in Lower East Side was $3,200 in March 2023, up 0.2% (+$5) from February 2023. The middle half of 1BR listings asked between $2,945 and $3,595. That puts Lower East Side $901 above the New York City citywide 1BR median of $2,299. The month's figures are based on 469 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,395 | −$1,155 (-32.5%) | — | $2,325 – $2,623 | 11 |
| Studio | $3,825 | +$275 (+7.7%) | — | $3,825 – $3,825 | 1 |
| Studio | $2,499 | −$1,051 (-29.6%) | — | $2,300 – $3,075 | 23 |
| 1BR | $3,200 | +$5 (+0.2%) | — | $2,945 – $3,595 | 37 |
| 1BR | $3,500 | +$305 (+9.5%) | — | $3,100 – $5,119 | 82 |
| 1BR | $3,598 | +$403 (+12.6%) | — | $2,963 – $4,812 | 6 |
| 2BR | $4,225 | −$222 (-5.0%) | — | $3,500 – $4,844 | 120 |
| 2BR | $3,949 | −$498 (-11.2%) | — | $3,924 – $3,974 | 2 |
| 2BR | $3,948 | −$500 (-11.2%) | — | $3,250 – $4,296 | 72 |
| 3BR | $5,270 | +$775 (+17.2%) | — | $4,670 – $6,063 | 46 |
| 3BR | $5,470 | +$975 (+21.7%) | — | $4,711 – $5,796 | 32 |
| 3BR | $4,399 | −$96 (-2.1%) | — | $4,374 – $4,424 | 4 |
| 3BR | $4,950 | +$455 (+10.1%) | — | $4,950 – $4,950 | 1 |
| 4BR | $7,495 | +$2,495 (+49.9%) | — | $6,000 – $8,145 | 12 |
| 4BR | $7,895 | +$2,895 (+57.9%) | — | $7,059 – $8,149 | 8 |
| 4BR | $7,495 | +$2,495 (+49.9%) | — | $6,000 – $7,895 | 7 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — March 2023
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,395 | $2,200 | +$195 (+8.9%) |
| Studio | $3,825 | $2,200 | +$1,625 (+73.9%) |
| Studio | $2,499 | $2,200 | +$299 (+13.6%) |
| 1BR | $3,200 | $2,299 | +$901 (+39.2%) |
| 1BR | $3,500 | $2,299 | +$1,201 (+52.2%) |
| 1BR | $3,598 | $2,299 | +$1,299 (+56.5%) |
| 2BR | $4,225 | $2,650 | +$1,575 (+59.4%) |
| 2BR | $3,949 | $2,650 | +$1,299 (+49.0%) |
| 2BR | $3,948 | $2,650 | +$1,298 (+49.0%) |
| 3BR | $5,270 | $3,200 | +$2,070 (+64.7%) |
| 3BR | $5,470 | $3,200 | +$2,270 (+70.9%) |
| 3BR | $4,399 | $3,200 | +$1,199 (+37.5%) |
| 3BR | $4,950 | $3,200 | +$1,750 (+54.7%) |
| 4BR | $7,495 | $3,995 | +$3,500 (+87.6%) |
| 4BR | $7,895 | $3,995 | +$3,900 (+97.6%) |
| 4BR | $7,495 | $3,995 | +$3,500 (+87.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.