Monthly Rent Report
Midtown Rent Report — January 2025
Asking rents in ZIP 10018, New York City, from 504 listings.
Median 1BR rent in Midtown was $4,747 in January 2025, up 32.6% (+$1,167) from December 2024 and up 75.8% year-over-year. The middle half of 1BR listings asked between $4,400 and $5,638. That puts Midtown $2,247 above the New York City citywide 1BR median of $2,500. The month's figures are based on 504 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,039 | +$294 (+7.8%) | −$421 (-9.4%) | $3,700 – $4,595 | 177 |
| Studio | $3,581 | −$165 (-4.4%) | −$879 (-19.7%) | $3,351 – $4,438 | 28 |
| Studio | $3,955 | +$210 (+5.6%) | −$505 (-11.3%) | $3,955 – $3,955 | 1 |
| 1BR | $4,747 | +$1,167 (+32.6%) | +$2,047 (+75.8%) | $4,400 – $5,638 | 20 |
| 1BR | $5,292 | +$1,711 (+47.8%) | +$2,592 (+96.0%) | $5,168 – $5,415 | 2 |
| 1BR | $4,932 | +$1,351 (+37.7%) | +$2,232 (+82.6%) | $4,402 – $5,296 | 128 |
| 2BR | $15,000 | +$9,575 (+176.5%) | +$11,500 (+328.6%) | $15,000 – $15,000 | 1 |
| 2BR | $7,434 | +$2,009 (+37.0%) | +$3,934 (+112.4%) | $6,295 – $8,495 | 105 |
| 2BR | $9,000 | +$3,575 (+65.9%) | +$5,500 (+157.1%) | $8,394 – $9,448 | 3 |
| 3BR | $6,000 | +$110 (+1.9%) | +$1,712 (+39.9%) | $5,895 – $7,694 | 25 |
| 3BR | $6,000 | +$110 (+1.9%) | +$1,712 (+39.9%) | $6,000 – $6,000 | 1 |
| 4BR | $7,500 | — | — | $7,500 – $9,375 | 10 |
| 4BR | $7,500 | — | — | $7,500 – $8,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Midtown vs. New York City — January 2025
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,039 | $2,525 | +$1,514 (+60.0%) |
| Studio | $3,581 | $2,525 | +$1,056 (+41.8%) |
| Studio | $3,955 | $2,525 | +$1,430 (+56.6%) |
| 1BR | $4,747 | $2,500 | +$2,247 (+89.9%) |
| 1BR | $5,292 | $2,500 | +$2,792 (+111.7%) |
| 1BR | $4,932 | $2,500 | +$2,432 (+97.3%) |
| 2BR | $15,000 | $2,900 | +$12,100 (+417.2%) |
| 2BR | $7,434 | $2,900 | +$4,534 (+156.3%) |
| 2BR | $9,000 | $2,900 | +$6,100 (+210.3%) |
| 3BR | $6,000 | $3,500 | +$2,500 (+71.4%) |
| 3BR | $6,000 | $3,500 | +$2,500 (+71.4%) |
| 4BR | $7,500 | $4,100 | +$3,400 (+82.9%) |
| 4BR | $7,500 | $4,100 | +$3,400 (+82.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.