Monthly Rent Report
Midtown Rent Report — October 2021
Asking rents in ZIP 10018, New York City, from 6 listings.
Median 1BR rent in Midtown was $4,050 in October 2021, down 8.1% (−$359) from September 2021. The middle half of 1BR listings asked between $4,050 and $4,050. That puts Midtown $2,175 above the New York City citywide 1BR median of $1,875. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,893 | +$341 (+9.6%) | — | $3,893 – $3,893 | 1 |
| 1BR | $4,050 | −$359 (-8.1%) | — | $4,050 – $4,050 | 1 |
| 2BR | $5,679 | −$2,171 (-27.7%) | — | $5,679 – $5,679 | 1 |
| 3BR | $11,545 | +$7,860 (+213.3%) | — | $11,545 – $11,545 | 2 |
| 4BR | $5,500 | — | — | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Midtown vs. New York City — October 2021
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,893 | $1,800 | +$2,093 (+116.3%) |
| 1BR | $4,050 | $1,875 | +$2,175 (+116.0%) |
| 2BR | $5,679 | $2,295 | +$3,384 (+147.5%) |
| 3BR | $11,545 | $2,788 | +$8,758 (+314.2%) |
| 4BR | $5,500 | $3,426 | +$2,074 (+60.5%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in October 2021.