Monthly Rent Report
Lower East Side Rent Report — March 2025
Asking rents in ZIP 10002, New York City, from 572 listings.
Median 1BR rent in Lower East Side was $6,095 in March 2025, down 12.7% (−$885) from February 2025 and down 18.7% year-over-year. The middle half of 1BR listings asked between $6,095 and $6,095. That puts Lower East Side $3,595 above the New York City citywide 1BR median of $2,500. The month's figures are based on 572 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,885 | −$202 (-5.0%) | +$53 (+1.4%) | $3,500 – $4,615 | 77 |
| Studio | $3,650 | −$437 (-10.7%) | −$182 (-4.8%) | $3,650 – $3,650 | 1 |
| Studio | $4,895 | +$808 (+19.8%) | +$1,063 (+27.7%) | $4,895 – $4,895 | 1 |
| 1BR | $6,095 | −$885 (-12.7%) | −$1,400 (-18.7%) | $6,095 – $6,095 | 1 |
| 1BR | $6,438 | −$542 (-7.8%) | −$1,057 (-14.1%) | $6,181 – $6,694 | 2 |
| 1BR | $4,824 | −$2,156 (-30.9%) | −$2,671 (-35.6%) | $3,250 – $5,800 | 184 |
| 2BR | $5,295 | +$1,996 (+60.5%) | +$1,045 (+24.6%) | $3,995 – $7,700 | 199 |
| 2BR | $8,795 | +$5,496 (+166.6%) | +$4,545 (+106.9%) | $8,795 – $8,795 | 1 |
| 3BR | $5,299 | +$1,304 (+32.6%) | −$651 (-10.9%) | $5,299 – $5,299 | 1 |
| 3BR | $5,913 | +$1,918 (+48.0%) | −$37 (-0.6%) | $5,224 – $7,465 | 78 |
| 4BR | $8,250 | +$50 (+0.6%) | +$3,055 (+58.8%) | $8,250 – $8,250 | 4 |
| 4BR | $8,179 | −$21 (-0.3%) | +$2,984 (+57.4%) | $7,909 – $8,995 | 20 |
| 4BR | $8,250 | +$50 (+0.6%) | +$3,055 (+58.8%) | $8,250 – $8,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Lower East Side vs. New York City — March 2025
| Bedrooms | Lower East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,885 | $2,514 | +$1,372 (+54.6%) |
| Studio | $3,650 | $2,514 | +$1,137 (+45.2%) |
| Studio | $4,895 | $2,514 | +$2,382 (+94.7%) |
| 1BR | $6,095 | $2,500 | +$3,595 (+143.8%) |
| 1BR | $6,438 | $2,500 | +$3,938 (+157.5%) |
| 1BR | $4,824 | $2,500 | +$2,324 (+93.0%) |
| 2BR | $5,295 | $2,938 | +$2,358 (+80.3%) |
| 2BR | $8,795 | $2,938 | +$5,858 (+199.4%) |
| 3BR | $5,299 | $3,600 | +$1,699 (+47.2%) |
| 3BR | $5,913 | $3,600 | +$2,313 (+64.2%) |
| 4BR | $8,250 | $4,400 | +$3,850 (+87.5%) |
| 4BR | $8,179 | $4,400 | +$3,779 (+85.9%) |
| 4BR | $8,250 | $4,400 | +$3,850 (+87.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.