Monthly Rent Report
Midtown Rent Report — April 2024
Asking rents in ZIP 10018, New York City, from 385 listings.
Median 1BR rent in Midtown was $5,400 in April 2024, up 1.9% (+$100) from March 2024 and up 42.2% year-over-year. The middle half of 1BR listings asked between $5,068 and $5,811. That puts Midtown $2,900 above the New York City citywide 1BR median of $2,500. The month's figures are based on 385 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,480 | +$280 (+6.7%) | +$1,333 (+42.3%) | $4,435 – $4,525 | 2 |
| Studio | $3,760 | −$440 (-10.5%) | +$613 (+19.5%) | $3,432 – $4,135 | 53 |
| Studio | $5,063 | +$863 (+20.5%) | +$1,916 (+60.9%) | $4,200 – $5,330 | 47 |
| 1BR | $5,400 | +$100 (+1.9%) | +$1,603 (+42.2%) | $5,068 – $5,811 | 5 |
| 1BR | $5,315 | +$15 (+0.3%) | +$1,518 (+40.0%) | $5,181 – $5,650 | 85 |
| 1BR | $5,123 | −$177 (-3.3%) | +$1,325 (+34.9%) | $4,260 – $5,795 | 68 |
| 2BR | $7,352 | +$1,121 (+18.0%) | +$3,180 (+76.2%) | $7,352 – $7,352 | 1 |
| 2BR | $8,373 | +$2,142 (+34.4%) | +$4,201 (+100.7%) | $4,295 – $9,393 | 41 |
| 2BR | $6,600 | +$369 (+5.9%) | +$2,428 (+58.2%) | $4,500 – $8,113 | 47 |
| 3BR | $8,999 | +$2,704 (+43.0%) | +$1,499 (+20.0%) | $6,000 – $11,475 | 9 |
| 3BR | $6,500 | +$205 (+3.3%) | −$1,000 (-13.3%) | $6,000 – $8,999 | 13 |
| 3BR | $6,500 | +$205 (+3.3%) | −$1,000 (-13.3%) | $6,250 – $6,500 | 7 |
| 4BR | $8,875 | +$25 (+0.3%) | +$1,625 (+22.4%) | $8,263 – $9,438 | 3 |
| 4BR | $8,875 | +$25 (+0.3%) | +$1,625 (+22.4%) | $8,875 – $8,875 | 2 |
| 4BR | $8,263 | −$587 (-6.6%) | +$1,013 (+14.0%) | $7,956 – $8,569 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — April 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,480 | $2,491 | +$1,989 (+79.9%) |
| Studio | $3,760 | $2,491 | +$1,269 (+51.0%) |
| Studio | $5,063 | $2,491 | +$2,572 (+103.3%) |
| 1BR | $5,400 | $2,500 | +$2,900 (+116.0%) |
| 1BR | $5,315 | $2,500 | +$2,815 (+112.6%) |
| 1BR | $5,123 | $2,500 | +$2,623 (+104.9%) |
| 2BR | $7,352 | $2,995 | +$4,357 (+145.5%) |
| 2BR | $8,373 | $2,995 | +$5,378 (+179.6%) |
| 2BR | $6,600 | $2,995 | +$3,605 (+120.4%) |
| 3BR | $8,999 | $3,500 | +$5,499 (+157.1%) |
| 3BR | $6,500 | $3,500 | +$3,000 (+85.7%) |
| 3BR | $6,500 | $3,500 | +$3,000 (+85.7%) |
| 4BR | $8,875 | $4,270 | +$4,605 (+107.8%) |
| 4BR | $8,875 | $4,270 | +$4,605 (+107.8%) |
| 4BR | $8,263 | $4,270 | +$3,993 (+93.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.