Monthly Rent Report
Lower East Side Rent Report — September 2024
Asking rents in ZIP 10002, New York City, from 54 listings.
Median 1BR rent in Lower East Side was $5,695 in September 2024, up 32.4% (+$1,395) from August 2024 and up 16.2% year-over-year. The middle half of 1BR listings asked between $5,695 and $5,695. That puts Lower East Side $3,302 above the New York City citywide 1BR median of $2,393. The month's figures are based on 54 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,570 | +$671 (+23.1%) | +$1,370 (+62.3%) | $3,570 – $3,570 | 1 |
| 1BR | $5,695 | +$1,395 (+32.4%) | +$795 (+16.2%) | $5,695 – $5,695 | 1 |
| 2BR | $5,748 | +$1,822 (+46.4%) | +$1,548 (+36.8%) | $3,638 – $8,500 | 8 |
| 2BR | $6,595 | +$2,669 (+68.0%) | +$2,395 (+57.0%) | $6,595 – $6,595 | 1 |
| 3BR | $6,996 | −$377 (-5.1%) | +$1,946 (+38.5%) | $6,996 – $6,996 | 1 |
| 3BR | $8,300 | +$927 (+12.6%) | +$3,250 (+64.4%) | $8,300 – $8,300 | 2 |
| 4BR | $8,495 | −$5 (-0.1%) | +$500 (+6.3%) | $7,809 – $8,995 | 39 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — September 2024
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,570 | $2,369 | +$1,201 (+50.7%) |
| 1BR | $5,695 | $2,393 | +$3,302 (+138.0%) |
| 2BR | $5,748 | $2,900 | +$2,848 (+98.2%) |
| 2BR | $6,595 | $2,900 | +$3,695 (+127.4%) |
| 3BR | $6,996 | $3,598 | +$3,399 (+94.5%) |
| 3BR | $8,300 | $3,598 | +$4,703 (+130.7%) |
| 4BR | $8,495 | $4,295 | +$4,200 (+97.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.