Monthly Rent Report
Lower East Side Rent Report — January 2025
Asking rents in ZIP 10002, New York City, from 425 listings.
Median 1BR rent in Lower East Side was $6,980 in January 2025, up 20.6% (+$1,191) from December 2024 and up 29.9% year-over-year. The middle half of 1BR listings asked between $6,980 and $6,980. That puts Lower East Side $4,480 above the New York City citywide 1BR median of $2,500. The month's figures are based on 425 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,335 | −$715 (-17.7%) | −$460 (-12.1%) | $3,115 – $3,555 | 2 |
| Studio | $2,699 | −$1,351 (-33.4%) | −$1,096 (-28.9%) | $2,699 – $2,699 | 1 |
| Studio | $3,100 | −$950 (-23.5%) | −$695 (-18.3%) | $2,475 – $4,700 | 55 |
| 1BR | $6,980 | +$1,191 (+20.6%) | +$1,605 (+29.9%) | $6,980 – $6,980 | 1 |
| 1BR | $3,799 | −$1,990 (-34.4%) | −$1,576 (-29.3%) | $3,799 – $3,799 | 1 |
| 1BR | $4,647 | −$1,143 (-19.7%) | −$728 (-13.6%) | $3,236 – $5,648 | 132 |
| 2BR | $4,500 | −$3,450 (-43.4%) | −$2,111 (-31.9%) | $3,600 – $6,500 | 141 |
| 2BR | $8,025 | +$75 (+0.9%) | +$1,414 (+21.4%) | $8,025 – $8,025 | 5 |
| 2BR | $6,695 | −$1,255 (-15.8%) | +$84 (+1.3%) | $6,695 – $6,695 | 1 |
| 3BR | $5,754 | +$1,106 (+23.8%) | +$849 (+17.3%) | $4,499 – $6,646 | 60 |
| 3BR | $4,975 | +$328 (+7.0%) | +$70 (+1.4%) | $4,975 – $4,975 | 4 |
| 3BR | $8,695 | +$4,048 (+87.1%) | +$3,790 (+77.3%) | $8,695 – $8,695 | 1 |
| 4BR | $3,050 | −$4,450 (-59.3%) | −$5,150 (-62.8%) | $3,050 – $3,050 | 1 |
| 4BR | $8,400 | +$900 (+12.0%) | +$200 (+2.4%) | $7,995 – $8,911 | 18 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — January 2025
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,335 | $2,525 | +$810 (+32.1%) |
| Studio | $2,699 | $2,525 | +$174 (+6.9%) |
| Studio | $3,100 | $2,525 | +$575 (+22.8%) |
| 1BR | $6,980 | $2,500 | +$4,480 (+179.2%) |
| 1BR | $3,799 | $2,500 | +$1,299 (+52.0%) |
| 1BR | $4,647 | $2,500 | +$2,147 (+85.9%) |
| 2BR | $4,500 | $2,900 | +$1,600 (+55.2%) |
| 2BR | $8,025 | $2,900 | +$5,125 (+176.7%) |
| 2BR | $6,695 | $2,900 | +$3,795 (+130.9%) |
| 3BR | $5,754 | $3,500 | +$2,254 (+64.4%) |
| 3BR | $4,975 | $3,500 | +$1,475 (+42.1%) |
| 3BR | $8,695 | $3,500 | +$5,195 (+148.4%) |
| 4BR | $3,050 | $4,100 | −$1,050 (-25.6%) |
| 4BR | $8,400 | $4,100 | +$4,300 (+104.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.