Monthly Rent Report
Midtown Rent Report — June 2024
Asking rents in ZIP 10018, New York City, from 863 listings.
Median 1BR rent in Midtown was $4,995 in June 2024, down 0.1% (−$5) from May 2024 and down 9.2% year-over-year. The middle half of 1BR listings asked between $4,392 and $5,695. That puts Midtown $2,545 above the New York City citywide 1BR median of $2,450. The month's figures are based on 863 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,950 | −$321 (-7.5%) | −$545 (-12.1%) | $3,744 – $4,132 | 63 |
| Studio | $3,985 | −$286 (-6.7%) | −$510 (-11.3%) | $3,737 – $4,695 | 147 |
| Studio | $3,758 | −$513 (-12.0%) | −$737 (-16.4%) | $3,758 – $3,758 | 1 |
| 1BR | $4,995 | −$5 (-0.1%) | −$505 (-9.2%) | $4,392 – $5,695 | 120 |
| 1BR | $5,223 | +$223 (+4.5%) | −$277 (-5.0%) | $4,700 – $5,400 | 330 |
| 1BR | $5,008 | +$8 (+0.2%) | −$492 (-8.9%) | $5,008 – $5,186 | 3 |
| 2BR | $7,550 | +$2,650 (+54.1%) | −$347 (-4.4%) | $5,175 – $9,393 | 82 |
| 2BR | $8,173 | +$3,273 (+66.8%) | +$276 (+3.5%) | $8,069 – $8,276 | 2 |
| 2BR | $7,800 | +$2,900 (+59.2%) | −$97 (-1.2%) | $5,295 – $8,611 | 53 |
| 3BR | $5,750 | −$1,397 (-19.6%) | +$378 (+7.0%) | $5,750 – $5,750 | 1 |
| 3BR | $7,050 | −$97 (-1.4%) | +$1,678 (+31.2%) | $5,995 – $9,950 | 11 |
| 3BR | $6,000 | −$1,147 (-16.1%) | +$628 (+11.7%) | $5,499 – $6,238 | 12 |
| 3BR | $6,495 | −$652 (-9.1%) | +$1,123 (+20.9%) | $5,495 – $7,898 | 19 |
| 4BR | $7,500 | $0 (0.0%) | +$501 (+7.2%) | $7,500 – $8,750 | 7 |
| 4BR | $7,500 | $0 (0.0%) | +$501 (+7.2%) | $7,249 – $7,500 | 8 |
| 4BR | $6,998 | −$502 (-6.7%) | −$1 (-0.0%) | $6,495 – $7,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — June 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,950 | $2,440 | +$1,510 (+61.9%) |
| Studio | $3,985 | $2,440 | +$1,545 (+63.3%) |
| Studio | $3,758 | $2,440 | +$1,318 (+54.0%) |
| 1BR | $4,995 | $2,450 | +$2,545 (+103.9%) |
| 1BR | $5,223 | $2,450 | +$2,773 (+113.2%) |
| 1BR | $5,008 | $2,450 | +$2,558 (+104.4%) |
| 2BR | $7,550 | $2,900 | +$4,650 (+160.3%) |
| 2BR | $8,173 | $2,900 | +$5,273 (+181.8%) |
| 2BR | $7,800 | $2,900 | +$4,900 (+169.0%) |
| 3BR | $5,750 | $3,600 | +$2,150 (+59.7%) |
| 3BR | $7,050 | $3,600 | +$3,450 (+95.8%) |
| 3BR | $6,000 | $3,600 | +$2,400 (+66.7%) |
| 3BR | $6,495 | $3,600 | +$2,895 (+80.4%) |
| 4BR | $7,500 | $4,256 | +$3,244 (+76.2%) |
| 4BR | $7,500 | $4,256 | +$3,244 (+76.2%) |
| 4BR | $6,998 | $4,256 | +$2,741 (+64.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.