Monthly Rent Report
Midtown Rent Report — August 2021
Asking rents in ZIP 10018, New York City, from 88 listings.
Median 1BR rent in Midtown was $4,395 in August 2021, up 14.2% (+$545) from July 2021. The middle half of 1BR listings asked between $3,659 and $5,549. That puts Midtown $2,535 above the New York City citywide 1BR median of $1,860. The month's figures are based on 88 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,495 | +$393 (+12.7%) | — | $3,122 – $3,708 | 13 |
| Studio | $3,415 | +$313 (+10.1%) | — | $3,170 – $3,554 | 3 |
| 1BR | $4,395 | +$545 (+14.2%) | — | $3,659 – $5,549 | 36 |
| 1BR | $3,512 | −$338 (-8.8%) | — | $3,058 – $4,067 | 4 |
| 2BR | $4,921 | +$510 (+11.6%) | — | $4,666 – $5,175 | 2 |
| 2BR | $7,500 | +$3,089 (+70.0%) | — | $4,500 – $8,500 | 21 |
| 3BR | $11,895 | +$3,245 (+37.5%) | — | $9,461 – $11,895 | 6 |
| 3BR | $8,650 | $0 (0.0%) | — | $6,825 – $10,273 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Midtown vs. New York City — August 2021
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,495 | $1,749 | +$1,746 (+99.8%) |
| Studio | $3,415 | $1,749 | +$1,666 (+95.3%) |
| 1BR | $4,395 | $1,860 | +$2,535 (+136.3%) |
| 1BR | $3,512 | $1,860 | +$1,652 (+88.8%) |
| 2BR | $4,921 | $2,275 | +$2,646 (+116.3%) |
| 2BR | $7,500 | $2,275 | +$5,225 (+229.7%) |
| 3BR | $11,895 | $2,648 | +$9,248 (+349.3%) |
| 3BR | $8,650 | $2,648 | +$6,003 (+226.7%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.