Monthly Rent Report
Lower East Side Rent Report — February 2025
Asking rents in ZIP 10002, New York City, from 226 listings.
Median 1BR rent in Lower East Side was $6,980 in February 2025, flat versus January 2025 and up 74.7% year-over-year. The middle half of 1BR listings asked between $6,980 and $6,980. That puts Lower East Side $4,503 above the New York City citywide 1BR median of $2,478. The month's figures are based on 226 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,895 | +$1,560 (+46.8%) | +$2,397 (+96.0%) | $4,735 – $5,073 | 3 |
| Studio | $4,088 | +$753 (+22.6%) | +$1,590 (+63.6%) | $3,931 – $4,244 | 2 |
| Studio | $3,596 | +$261 (+7.8%) | +$1,098 (+44.0%) | $2,700 – $4,340 | 23 |
| 1BR | $6,980 | $0 (0.0%) | +$2,985 (+74.7%) | $6,980 – $6,980 | 1 |
| 1BR | $4,138 | −$2,842 (-40.7%) | +$143 (+3.6%) | $3,201 – $5,650 | 66 |
| 1BR | $7,435 | +$455 (+6.5%) | +$3,440 (+86.1%) | $6,655 – $8,215 | 2 |
| 2BR | $4,695 | −$2,000 (-29.9%) | +$73 (+1.6%) | $3,699 – $5,995 | 73 |
| 2BR | $3,299 | −$3,396 (-50.7%) | −$1,323 (-28.6%) | $3,199 – $3,399 | 2 |
| 3BR | $3,995 | −$4,700 (-54.1%) | −$1,000 (-20.0%) | $3,995 – $3,995 | 1 |
| 3BR | $5,480 | −$3,215 (-37.0%) | +$485 (+9.7%) | $4,695 – $6,295 | 38 |
| 4BR | $8,000 | +$4,950 (+162.3%) | −$495 (-5.8%) | $8,000 – $8,063 | 4 |
| 4BR | $8,200 | +$5,150 (+168.9%) | −$295 (-3.5%) | $8,200 – $8,200 | 1 |
| 4BR | $8,000 | +$4,950 (+162.3%) | −$495 (-5.8%) | $8,000 – $8,250 | 10 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — February 2025
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,895 | $2,566 | +$2,330 (+90.8%) |
| Studio | $4,088 | $2,566 | +$1,522 (+59.3%) |
| Studio | $3,596 | $2,566 | +$1,031 (+40.2%) |
| 1BR | $6,980 | $2,478 | +$4,503 (+181.7%) |
| 1BR | $4,138 | $2,478 | +$1,660 (+67.0%) |
| 1BR | $7,435 | $2,478 | +$4,958 (+200.1%) |
| 2BR | $4,695 | $3,000 | +$1,695 (+56.5%) |
| 2BR | $3,299 | $3,000 | +$299 (+10.0%) |
| 3BR | $3,995 | $3,600 | +$395 (+11.0%) |
| 3BR | $5,480 | $3,600 | +$1,880 (+52.2%) |
| 4BR | $8,000 | $4,200 | +$3,800 (+90.5%) |
| 4BR | $8,200 | $4,200 | +$4,000 (+95.2%) |
| 4BR | $8,000 | $4,200 | +$3,800 (+90.5%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.