Monthly Rent Report
Midtown Rent Report — April 2022
Asking rents in ZIP 10018, New York City, from 12 listings.
Median 1BR rent in Midtown was $5,081 in April 2022, up 13.4% (+$599) from March 2022 and up 63.2% year-over-year. The middle half of 1BR listings asked between $4,843 and $5,330. That puts Midtown $3,086 above the New York City citywide 1BR median of $1,995. The month's figures are based on 12 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,868 | $0 (0.0%) | +$1,204 (+45.2%) | $3,868 – $3,868 | 5 |
| 1BR | $5,081 | +$599 (+13.4%) | +$1,968 (+63.2%) | $4,843 – $5,330 | 4 |
| 2BR | $6,736 | +$1,116 (+19.9%) | −$259 (-3.7%) | $6,736 – $6,736 | 1 |
| 3BR | $7,500 | −$4,495 (-37.5%) | −$4,660 (-38.3%) | $7,500 – $7,500 | 1 |
| 4BR | $8,000 | +$2,500 (+45.5%) | +$2,500 (+45.5%) | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Midtown vs. New York City — April 2022
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,868 | $1,863 | +$2,006 (+107.7%) |
| 1BR | $5,081 | $1,995 | +$3,086 (+154.7%) |
| 2BR | $6,736 | $2,500 | +$4,236 (+169.4%) |
| 3BR | $7,500 | $3,000 | +$4,500 (+150.0%) |
| 4BR | $8,000 | $3,600 | +$4,400 (+122.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2022.