Monthly Rent Report
Midtown Rent Report — July 2021
Asking rents in ZIP 10018, New York City, from 95 listings.
Median 1BR rent in Midtown was $3,111 in July 2021, down 12.4% (−$439) from June 2021. The middle half of 1BR listings asked between $2,885 and $3,936. That puts Midtown $1,220 above the New York City citywide 1BR median of $1,891. The month's figures are based on 95 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,102 | +$438 (+16.4%) | — | $2,552 – $3,407 | 27 |
| Studio | $2,664 | $0 (0.0%) | — | $2,604 – $2,860 | 6 |
| 1BR | $3,111 | −$439 (-12.4%) | — | $2,885 – $3,936 | 10 |
| 1BR | $3,850 | +$301 (+8.5%) | — | $3,400 – $4,196 | 33 |
| 2BR | $6,261 | +$1,724 (+38.0%) | — | $5,069 – $8,725 | 14 |
| 2BR | $4,411 | −$126 (-2.8%) | — | $4,411 – $4,411 | 1 |
| 3BR | $9,060 | +$3,710 (+69.3%) | — | $9,060 – $9,060 | 1 |
| 3BR | $8,650 | +$3,300 (+61.7%) | — | $8,650 – $10,273 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2021
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,102 | $1,785 | +$1,317 (+73.8%) |
| Studio | $2,664 | $1,785 | +$879 (+49.3%) |
| 1BR | $3,111 | $1,891 | +$1,220 (+64.5%) |
| 1BR | $3,850 | $1,891 | +$1,959 (+103.6%) |
| 2BR | $6,261 | $2,250 | +$4,012 (+178.3%) |
| 2BR | $4,411 | $2,250 | +$2,162 (+96.1%) |
| 3BR | $9,060 | $2,600 | +$6,460 (+248.5%) |
| 3BR | $8,650 | $2,600 | +$6,050 (+232.7%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2021.