Monthly Rent Report
Midtown Rent Report — November 2024
Asking rents in ZIP 10018, New York City, from 56 listings.
Median 1BR rent in Midtown was $1,800 in November 2024, down 50.1% (−$1,810) from October 2024 and down 60.0% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Midtown $650 below the New York City citywide 1BR median of $2,450. The month's figures are based on 56 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,013 | +$242 (+6.4%) | +$1,918 (+91.5%) | $3,875 – $4,150 | 8 |
| Studio | $3,892 | +$121 (+3.2%) | +$1,797 (+85.8%) | $3,892 – $3,892 | 1 |
| Studio | $4,137 | +$366 (+9.7%) | +$2,042 (+97.5%) | $4,010 – $4,264 | 4 |
| 1BR | $1,800 | −$1,810 (-50.1%) | −$2,700 (-60.0%) | $1,800 – $1,800 | 1 |
| 1BR | $5,325 | +$1,715 (+47.5%) | +$825 (+18.3%) | $5,288 – $5,380 | 16 |
| 1BR | $5,146 | +$1,536 (+42.5%) | +$646 (+14.4%) | $4,859 – $5,628 | 6 |
| 2BR | $6,608 | −$4,342 (-39.7%) | +$2,058 (+45.2%) | $5,473 – $7,708 | 6 |
| 2BR | $8,138 | −$2,812 (-25.7%) | +$3,588 (+78.8%) | $8,075 – $8,200 | 8 |
| 2BR | $8,075 | −$2,875 (-26.3%) | +$3,525 (+77.5%) | $8,075 – $8,200 | 5 |
| 3BR | $10,260 | +$1,180 (+13.0%) | +$5,972 (+139.3%) | $10,260 – $10,260 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — November 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,013 | $2,383 | +$1,630 (+68.4%) |
| Studio | $3,892 | $2,383 | +$1,509 (+63.3%) |
| Studio | $4,137 | $2,383 | +$1,754 (+73.6%) |
| 1BR | $1,800 | $2,450 | −$650 (-26.5%) |
| 1BR | $5,325 | $2,450 | +$2,875 (+117.3%) |
| 1BR | $5,146 | $2,450 | +$2,696 (+110.0%) |
| 2BR | $6,608 | $2,950 | +$3,658 (+124.0%) |
| 2BR | $8,138 | $2,950 | +$5,188 (+175.8%) |
| 2BR | $8,075 | $2,950 | +$5,125 (+173.7%) |
| 3BR | $10,260 | $3,600 | +$6,660 (+185.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.