Monthly Rent Report
Midtown Rent Report — September 2021
Asking rents in ZIP 10018, New York City, from 45 listings.
Median 1BR rent in Midtown was $4,409 in September 2021, up 25.6% (+$898) from August 2021. The middle half of 1BR listings asked between $4,155 and $4,880. That puts Midtown $2,459 above the New York City citywide 1BR median of $1,950. The month's figures are based on 45 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,552 | +$137 (+4.0%) | — | $3,477 – $3,627 | 2 |
| Studio | $3,445 | +$30 (+0.9%) | — | $3,101 – $3,814 | 11 |
| 1BR | $4,409 | +$898 (+25.6%) | — | $4,155 – $4,880 | 14 |
| 1BR | $4,244 | +$732 (+20.8%) | — | $4,138 – $4,349 | 2 |
| 2BR | $5,668 | +$748 (+15.2%) | — | $5,668 – $5,668 | 1 |
| 2BR | $7,850 | +$2,930 (+59.5%) | — | $5,794 – $8,574 | 12 |
| 3BR | $13,500 | +$1,605 (+13.5%) | — | $13,500 – $13,500 | 1 |
| 3BR | $3,685 | −$8,210 (-69.0%) | — | $3,590 – $3,780 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Midtown vs. New York City — September 2021
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,552 | $1,799 | +$1,753 (+97.4%) |
| Studio | $3,445 | $1,799 | +$1,646 (+91.5%) |
| 1BR | $4,409 | $1,950 | +$2,459 (+126.1%) |
| 1BR | $4,244 | $1,950 | +$2,294 (+117.6%) |
| 2BR | $5,668 | $2,300 | +$3,368 (+146.4%) |
| 2BR | $7,850 | $2,300 | +$5,550 (+241.3%) |
| 3BR | $13,500 | $2,700 | +$10,800 (+400.0%) |
| 3BR | $3,685 | $2,700 | +$985 (+36.5%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in September 2021.