Monthly Rent Report
Midtown Rent Report — July 2022
Asking rents in ZIP 10018, New York City, from 67 listings.
Median 1BR rent in Midtown was $7,045 in July 2022, up 171.0% (+$4,445) from June 2022 and up 83.0% year-over-year. The middle half of 1BR listings asked between $5,181 and $7,330. That puts Midtown $4,779 above the New York City citywide 1BR median of $2,266. The month's figures are based on 67 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,863 | −$154 (-3.8%) | +$1,199 (+45.0%) | $3,709 – $4,355 | 10 |
| Studio | $5,270 | +$1,253 (+31.2%) | +$2,606 (+97.8%) | $5,225 – $5,315 | 6 |
| Studio | $3,795 | −$222 (-5.5%) | +$1,131 (+42.5%) | $3,345 – $4,088 | 3 |
| 1BR | $7,045 | +$4,445 (+171.0%) | +$3,195 (+83.0%) | $5,181 – $7,330 | 11 |
| 1BR | $4,198 | +$1,598 (+61.4%) | +$348 (+9.0%) | $3,299 – $4,995 | 4 |
| 1BR | $4,995 | +$2,395 (+92.1%) | +$1,145 (+29.7%) | $3,974 – $5,744 | 12 |
| 2BR | $6,547 | −$921 (-12.3%) | +$2,136 (+48.4%) | $6,547 – $6,547 | 1 |
| 2BR | $6,298 | −$1,170 (-15.7%) | +$1,887 (+42.8%) | $5,349 – $8,349 | 10 |
| 2BR | $5,495 | −$1,973 (-26.4%) | +$1,084 (+24.6%) | $5,295 – $6,000 | 5 |
| 3BR | $12,000 | +$7,000 (+140.0%) | +$3,350 (+38.7%) | $12,000 – $12,000 | 1 |
| 3BR | $12,500 | +$7,500 (+150.0%) | +$3,850 (+44.5%) | $12,250 – $12,500 | 3 |
| 4BR | $9,995 | — | — | $9,995 – $9,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2022
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,863 | $2,245 | +$1,618 (+72.1%) |
| Studio | $5,270 | $2,245 | +$3,025 (+134.8%) |
| Studio | $3,795 | $2,245 | +$1,550 (+69.1%) |
| 1BR | $7,045 | $2,266 | +$4,779 (+210.9%) |
| 1BR | $4,198 | $2,266 | +$1,932 (+85.3%) |
| 1BR | $4,995 | $2,266 | +$2,729 (+120.5%) |
| 2BR | $6,547 | $2,800 | +$3,747 (+133.8%) |
| 2BR | $6,298 | $2,800 | +$3,498 (+124.9%) |
| 2BR | $5,495 | $2,800 | +$2,695 (+96.3%) |
| 3BR | $12,000 | $3,250 | +$8,750 (+269.2%) |
| 3BR | $12,500 | $3,250 | +$9,250 (+284.6%) |
| 4BR | $9,995 | $4,495 | +$5,500 (+122.4%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.