Monthly Rent Report

Midtown Rent Report — June 2021

Asking rents in ZIP 10018, New York City, from 127 listings.

Median 1BR rent in Midtown was $3,167 in June 2021, down 13.2% (−$483) from May 2021. The middle half of 1BR listings asked between $3,000 and $3,718. That puts Midtown $1,317 above the New York City citywide 1BR median of $1,850. The month's figures are based on 127 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2021Vs. Year AgoP25–P75 RangeListings
Studio$2,664+$95 (+3.7%)$2,604 – $2,8046
Studio$2,620+$51 (+2.0%)$2,378 – $3,54536
1BR$3,167−$483 (-13.2%)$3,000 – $3,71814
1BR$3,550−$100 (-2.8%)$2,063 – $4,62550
2BR$4,537−$958 (-17.4%)$4,474 – $4,6002
2BR$7,000+$1,505 (+27.4%)$5,582 – $8,50017
3BR$5,350−$150 (-2.7%)$5,350 – $5,3501
3BR$5,350−$150 (-2.7%)$5,350 – $5,3501

Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.

Midtown vs. New York CityJune 2021

BedroomsMidtown MedianNYC Citywide MedianDifference
Studio$2,664$1,736+$928 (+53.4%)
Studio$2,620$1,736+$884 (+50.9%)
1BR$3,167$1,850+$1,317 (+71.2%)
1BR$3,550$1,850+$1,700 (+91.9%)
2BR$4,537$2,200+$2,337 (+106.2%)
2BR$7,000$2,200+$4,800 (+218.2%)
3BR$5,350$2,655+$2,696 (+101.5%)
3BR$5,350$2,655+$2,696 (+101.5%)

Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in June 2021.

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