Monthly Rent Report
Midtown Rent Report — September 2024
Asking rents in ZIP 10018, New York City, from 15 listings.
Median 1BR rent in Midtown was $1,800 in September 2024, down 60.3% (−$2,738) from August 2024 and down 69.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Midtown $593 below the New York City citywide 1BR median of $2,393. The month's figures are based on 15 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,644 | −$18 (-0.5%) | +$644 (+21.5%) | $3,629 – $3,818 | 3 |
| 1BR | $1,800 | −$2,738 (-60.3%) | −$4,016 (-69.1%) | $1,800 – $1,800 | 1 |
| 2BR | $14,995 | +$2,595 (+20.9%) | +$11,000 (+275.3%) | $14,995 – $14,995 | 1 |
| 3BR | $8,225 | −$1,355 (-14.1%) | −$1,461 (-15.1%) | $6,100 – $9,580 | 10 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — September 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,644 | $2,369 | +$1,275 (+53.8%) |
| 1BR | $1,800 | $2,393 | −$593 (-24.8%) |
| 2BR | $14,995 | $2,900 | +$12,095 (+417.1%) |
| 3BR | $8,225 | $3,598 | +$4,628 (+128.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.