Monthly Rent Report
Midtown Rent Report — September 2022
Asking rents in ZIP 10018, New York City, from 269 listings.
Median 1BR rent in Midtown was $3,000 in September 2022, down 42.9% (−$2,250) from August 2022 and down 29.3% year-over-year. The middle half of 1BR listings asked between $2,900 and $3,680. That puts Midtown $700 above the New York City citywide 1BR median of $2,300. The month's figures are based on 269 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$695 (-16.6%) | −$52 (-1.5%) | $2,595 – $3,571 | 14 |
| Studio | $4,132 | −$63 (-1.5%) | +$580 (+16.3%) | $3,513 – $5,000 | 76 |
| Studio | $4,135 | −$60 (-1.4%) | +$583 (+16.4%) | $4,088 – $4,183 | 2 |
| 1BR | $3,000 | −$2,250 (-42.9%) | −$1,243 (-29.3%) | $2,900 – $3,680 | 7 |
| 1BR | $4,876 | −$374 (-7.1%) | +$633 (+14.9%) | $4,537 – $5,961 | 3 |
| 1BR | $5,288 | +$38 (+0.7%) | +$1,044 (+24.6%) | $4,399 – $6,500 | 84 |
| 2BR | $8,109 | $0 (0.0%) | +$2,441 (+43.1%) | $6,898 – $8,750 | 36 |
| 2BR | $5,000 | −$3,109 (-38.3%) | −$668 (-11.8%) | $4,948 – $5,975 | 3 |
| 2BR | $7,201 | −$908 (-11.2%) | +$1,533 (+27.0%) | $7,076 – $7,327 | 2 |
| 3BR | $8,595 | −$400 (-4.4%) | +$4,910 (+133.2%) | $7,500 – $11,000 | 17 |
| 3BR | $7,500 | −$1,495 (-16.6%) | +$3,815 (+103.5%) | $7,450 – $7,500 | 5 |
| 3BR | $8,795 | −$200 (-2.2%) | +$5,110 (+138.7%) | $8,100 – $11,000 | 16 |
| 4BR | $16,500 | +$6,505 (+65.1%) | — | $16,500 – $16,500 | 2 |
| 4BR | $16,500 | +$6,505 (+65.1%) | — | $16,500 – $16,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Midtown vs. New York City — September 2022
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,200 | +$1,300 (+59.1%) |
| Studio | $4,132 | $2,200 | +$1,932 (+87.8%) |
| Studio | $4,135 | $2,200 | +$1,935 (+88.0%) |
| 1BR | $3,000 | $2,300 | +$700 (+30.4%) |
| 1BR | $4,876 | $2,300 | +$2,576 (+112.0%) |
| 1BR | $5,288 | $2,300 | +$2,988 (+129.9%) |
| 2BR | $8,109 | $2,800 | +$5,309 (+189.6%) |
| 2BR | $5,000 | $2,800 | +$2,200 (+78.6%) |
| 2BR | $7,201 | $2,800 | +$4,401 (+157.2%) |
| 3BR | $8,595 | $3,395 | +$5,200 (+153.2%) |
| 3BR | $7,500 | $3,395 | +$4,105 (+120.9%) |
| 3BR | $8,795 | $3,395 | +$5,400 (+159.1%) |
| 4BR | $16,500 | $3,998 | +$12,502 (+312.7%) |
| 4BR | $16,500 | $3,998 | +$12,502 (+312.7%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.