Monthly Rent Report
Midtown Rent Report — February 2025
Asking rents in ZIP 10018, New York City, from 308 listings.
Median 1BR rent in Midtown was $4,600 in February 2025, down 6.7% (−$331) from January 2025 and down 11.3% year-over-year. The middle half of 1BR listings asked between $4,164 and $5,650. That puts Midtown $2,123 above the New York City citywide 1BR median of $2,478. The month's figures are based on 308 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,315 | +$276 (+6.8%) | +$1,025 (+31.2%) | $3,995 – $4,462 | 103 |
| Studio | $3,793 | −$246 (-6.1%) | +$503 (+15.3%) | $3,303 – $4,621 | 32 |
| Studio | $3,808 | −$231 (-5.7%) | +$518 (+15.7%) | $3,715 – $3,902 | 2 |
| 1BR | $4,600 | −$331 (-6.7%) | −$585 (-11.3%) | $4,164 – $5,650 | 15 |
| 1BR | $5,150 | +$219 (+4.4%) | −$35 (-0.7%) | $4,923 – $5,252 | 3 |
| 1BR | $4,999 | +$68 (+1.4%) | −$186 (-3.6%) | $4,500 – $5,210 | 63 |
| 2BR | $7,433 | −$1 (-0.0%) | +$2,023 (+37.4%) | $7,112 – $9,093 | 8 |
| 2BR | $7,567 | +$133 (+1.8%) | +$2,157 (+39.9%) | $7,289 – $7,844 | 2 |
| 2BR | $8,495 | +$1,061 (+14.3%) | +$3,085 (+57.0%) | $7,436 – $10,469 | 74 |
| 3BR | $10,485 | +$4,485 (+74.8%) | +$4,135 (+65.1%) | $6,000 – $10,485 | 5 |
| 3BR | $10,485 | +$4,485 (+74.8%) | +$4,135 (+65.1%) | $10,485 – $10,485 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Midtown vs. New York City — February 2025
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,315 | $2,566 | +$1,750 (+68.2%) |
| Studio | $3,793 | $2,566 | +$1,228 (+47.8%) |
| Studio | $3,808 | $2,566 | +$1,243 (+48.4%) |
| 1BR | $4,600 | $2,478 | +$2,123 (+85.7%) |
| 1BR | $5,150 | $2,478 | +$2,673 (+107.9%) |
| 1BR | $4,999 | $2,478 | +$2,522 (+101.8%) |
| 2BR | $7,433 | $3,000 | +$4,433 (+147.8%) |
| 2BR | $7,567 | $3,000 | +$4,567 (+152.2%) |
| 2BR | $8,495 | $3,000 | +$5,495 (+183.2%) |
| 3BR | $10,485 | $3,600 | +$6,885 (+191.3%) |
| 3BR | $10,485 | $3,600 | +$6,885 (+191.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.