Monthly Rent Report
Lower East Side Rent Report — April 2023
Asking rents in ZIP 10002, New York City, from 662 listings.
Median 1BR rent in Lower East Side was $3,999 in April 2023, up 25.0% (+$799) from March 2023. The middle half of 1BR listings asked between $3,999 and $3,999. That puts Lower East Side $1,627 above the New York City citywide 1BR median of $2,373. The month's figures are based on 662 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,249 | −$250 (-10.0%) | — | $2,249 – $2,249 | 1 |
| Studio | $3,300 | +$801 (+32.1%) | — | $2,400 – $3,950 | 58 |
| Studio | $2,948 | +$449 (+17.9%) | — | $2,463 – $3,638 | 10 |
| 1BR | $3,999 | +$799 (+25.0%) | — | $3,999 – $3,999 | 1 |
| 1BR | $3,195 | −$5 (-0.2%) | — | $2,874 – $4,277 | 34 |
| 1BR | $4,800 | +$1,600 (+50.0%) | — | $3,195 – $5,551 | 182 |
| 2BR | $4,000 | −$225 (-5.3%) | — | $3,295 – $4,495 | 29 |
| 2BR | $4,300 | +$75 (+1.8%) | — | $3,499 – $6,371 | 194 |
| 2BR | $3,899 | −$326 (-7.7%) | — | $3,849 – $3,949 | 2 |
| 3BR | $6,599 | +$1,649 (+33.3%) | — | $6,599 – $6,599 | 1 |
| 3BR | $5,500 | +$550 (+11.1%) | — | $5,000 – $5,800 | 73 |
| 3BR | $5,195 | +$245 (+4.9%) | — | $4,995 – $5,500 | 9 |
| 4BR | $8,345 | +$450 (+5.7%) | — | $8,020 – $8,496 | 4 |
| 4BR | $7,795 | −$100 (-1.3%) | — | $7,495 – $7,995 | 25 |
| 4BR | $7,875 | −$20 (-0.3%) | — | $7,495 – $8,195 | 29 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — April 2023
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,249 | $2,349 | −$100 (-4.3%) |
| Studio | $3,300 | $2,349 | +$951 (+40.5%) |
| Studio | $2,948 | $2,349 | +$599 (+25.5%) |
| 1BR | $3,999 | $2,373 | +$1,627 (+68.6%) |
| 1BR | $3,195 | $2,373 | +$823 (+34.7%) |
| 1BR | $4,800 | $2,373 | +$2,428 (+102.3%) |
| 2BR | $4,000 | $2,795 | +$1,205 (+43.1%) |
| 2BR | $4,300 | $2,795 | +$1,505 (+53.8%) |
| 2BR | $3,899 | $2,795 | +$1,104 (+39.5%) |
| 3BR | $6,599 | $3,200 | +$3,399 (+106.2%) |
| 3BR | $5,500 | $3,200 | +$2,300 (+71.9%) |
| 3BR | $5,195 | $3,200 | +$1,995 (+62.3%) |
| 4BR | $8,345 | $4,148 | +$4,198 (+101.2%) |
| 4BR | $7,795 | $4,148 | +$3,648 (+87.9%) |
| 4BR | $7,875 | $4,148 | +$3,728 (+89.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.