Monthly Rent Report
Midtown Rent Report — October 2024
Asking rents in ZIP 10018, New York City, from 156 listings.
Median 1BR rent in Midtown was $4,193 in October 2024, up 132.9% (+$2,393) from September 2024 and down 30.5% year-over-year. The middle half of 1BR listings asked between $4,127 and $4,200. That puts Midtown $1,887 above the New York City citywide 1BR median of $2,306. The month's figures are based on 156 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,771 | +$127 (+3.5%) | +$145 (+4.0%) | $3,567 – $3,871 | 63 |
| Studio | $3,417 | −$227 (-6.2%) | −$209 (-5.8%) | $3,349 – $3,755 | 3 |
| 1BR | $4,193 | +$2,393 (+132.9%) | −$1,841 (-30.5%) | $4,127 – $4,200 | 45 |
| 1BR | $3,611 | +$1,811 (+100.6%) | −$2,423 (-40.2%) | $2,805 – $4,416 | 2 |
| 2BR | $10,950 | −$4,045 (-27.0%) | +$5,950 (+119.0%) | $10,950 – $12,125 | 3 |
| 2BR | $6,310 | −$8,685 (-57.9%) | +$1,310 (+26.2%) | $5,995 – $6,767 | 29 |
| 3BR | $9,080 | +$855 (+10.4%) | +$2,037 (+28.9%) | $9,030 – $9,130 | 2 |
| 3BR | $8,980 | +$755 (+9.2%) | +$1,937 (+27.5%) | $8,980 – $8,980 | 9 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — October 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,771 | $2,550 | +$1,221 (+47.9%) |
| Studio | $3,417 | $2,550 | +$867 (+34.0%) |
| 1BR | $4,193 | $2,306 | +$1,887 (+81.8%) |
| 1BR | $3,611 | $2,306 | +$1,304 (+56.6%) |
| 2BR | $10,950 | $2,914 | +$8,037 (+275.8%) |
| 2BR | $6,310 | $2,914 | +$3,397 (+116.6%) |
| 3BR | $9,080 | $3,519 | +$5,561 (+158.0%) |
| 3BR | $8,980 | $3,519 | +$5,461 (+155.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.