Monthly Rent Report
Lower East Side Rent Report — June 2023
Asking rents in ZIP 10002, New York City, from 513 listings.
Median 1BR rent in Lower East Side was $4,295 in June 2023, up 26.3% (+$895) from May 2023. The middle half of 1BR listings asked between $3,150 and $5,500. That puts Lower East Side $1,808 above the New York City citywide 1BR median of $2,488. The month's figures are based on 513 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,100 | +$578 (+16.4%) | — | $2,900 – $4,563 | 47 |
| Studio | $3,270 | −$252 (-7.2%) | — | $3,270 – $3,270 | 1 |
| Studio | $2,800 | −$722 (-20.5%) | — | $2,800 – $2,800 | 1 |
| 1BR | $4,295 | +$895 (+26.3%) | — | $3,150 – $5,500 | 169 |
| 1BR | $4,248 | +$848 (+24.9%) | — | $3,888 – $5,586 | 6 |
| 1BR | $3,449 | +$49 (+1.4%) | — | $3,399 – $3,499 | 8 |
| 2BR | $4,495 | +$445 (+11.0%) | — | $3,800 – $5,713 | 168 |
| 2BR | $4,399 | +$349 (+8.6%) | — | $4,299 – $4,499 | 4 |
| 2BR | $4,048 | −$2 (-0.1%) | — | $3,471 – $4,549 | 4 |
| 3BR | $5,900 | −$99 (-1.7%) | — | $5,375 – $6,996 | 76 |
| 3BR | $8,995 | +$2,996 (+49.9%) | — | $8,995 – $8,995 | 1 |
| 3BR | $5,700 | −$299 (-5.0%) | — | $5,550 – $5,850 | 2 |
| 4BR | $7,995 | $0 (0.0%) | — | $7,325 – $8,648 | 19 |
| 4BR | $8,495 | +$500 (+6.3%) | — | $8,495 – $8,495 | 1 |
| 4BR | $8,245 | +$250 (+3.1%) | — | $7,549 – $8,720 | 6 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — June 2023
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,100 | $2,500 | +$1,600 (+64.0%) |
| Studio | $3,270 | $2,500 | +$770 (+30.8%) |
| Studio | $2,800 | $2,500 | +$300 (+12.0%) |
| 1BR | $4,295 | $2,488 | +$1,808 (+72.7%) |
| 1BR | $4,248 | $2,488 | +$1,760 (+70.8%) |
| 1BR | $3,449 | $2,488 | +$962 (+38.7%) |
| 2BR | $4,495 | $2,828 | +$1,667 (+58.9%) |
| 2BR | $4,399 | $2,828 | +$1,571 (+55.5%) |
| 2BR | $4,048 | $2,828 | +$1,219 (+43.1%) |
| 3BR | $5,900 | $3,300 | +$2,600 (+78.8%) |
| 3BR | $8,995 | $3,300 | +$5,695 (+172.6%) |
| 3BR | $5,700 | $3,300 | +$2,400 (+72.7%) |
| 4BR | $7,995 | $4,200 | +$3,795 (+90.4%) |
| 4BR | $8,495 | $4,200 | +$4,295 (+102.3%) |
| 4BR | $8,245 | $4,200 | +$4,045 (+96.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.