Monthly Rent Report
Lower East Side Rent Report — November 2024
Asking rents in ZIP 10002, New York City, from 26 listings.
Median 1BR rent in Lower East Side was $3,195 in November 2024, down 39.6% (−$2,097) from October 2024 and up 34.7% year-over-year. The middle half of 1BR listings asked between $3,195 and $3,195. That puts Lower East Side $745 above the New York City citywide 1BR median of $2,450. The month's figures are based on 26 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,556 | +$1,261 (+29.3%) | +$2,861 (+106.1%) | $5,202 – $5,703 | 3 |
| 1BR | $3,195 | −$2,097 (-39.6%) | +$823 (+34.7%) | $3,195 – $3,195 | 2 |
| 1BR | $5,995 | +$703 (+13.3%) | +$3,623 (+152.7%) | $5,995 – $5,995 | 1 |
| 2BR | $4,900 | −$2,309 (-32.0%) | +$1,401 (+40.0%) | $4,350 – $5,650 | 7 |
| 2BR | $3,299 | −$3,910 (-54.2%) | −$200 (-5.7%) | $3,299 – $3,299 | 3 |
| 3BR | $4,995 | +$20 (+0.4%) | −$1,255 (-20.1%) | $4,995 – $4,995 | 1 |
| 3BR | $7,500 | +$2,525 (+50.8%) | +$1,250 (+20.0%) | $7,500 – $7,500 | 6 |
| 4BR | $4,995 | $0 (0.0%) | −$2,540 (-33.7%) | $4,995 – $4,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — November 2024
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,556 | $2,383 | +$3,173 (+133.1%) |
| 1BR | $3,195 | $2,450 | +$745 (+30.4%) |
| 1BR | $5,995 | $2,450 | +$3,545 (+144.7%) |
| 2BR | $4,900 | $2,950 | +$1,950 (+66.1%) |
| 2BR | $3,299 | $2,950 | +$349 (+11.8%) |
| 3BR | $4,995 | $3,600 | +$1,395 (+38.8%) |
| 3BR | $7,500 | $3,600 | +$3,900 (+108.3%) |
| 4BR | $4,995 | $4,375 | +$620 (+14.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.