Monthly Rent Report
Midtown Rent Report — March 2025
Asking rents in ZIP 10018, New York City, from 903 listings.
Median 1BR rent in Midtown was $4,120 in March 2025, down 20.0% (−$1,030) from February 2025 and down 15.7% year-over-year. The middle half of 1BR listings asked between $4,120 and $4,120. That puts Midtown $1,620 above the New York City citywide 1BR median of $2,500. The month's figures are based on 903 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,495 | +$702 (+18.5%) | +$135 (+3.1%) | $3,939 – $5,495 | 42 |
| Studio | $4,388 | +$595 (+15.7%) | +$28 (+0.6%) | $4,159 – $4,880 | 370 |
| Studio | $3,644 | −$149 (-3.9%) | −$716 (-16.4%) | $3,644 – $3,644 | 1 |
| 1BR | $4,120 | −$1,030 (-20.0%) | −$768 (-15.7%) | $4,120 – $4,120 | 1 |
| 1BR | $7,040 | +$1,890 (+36.7%) | +$2,152 (+44.0%) | $4,284 – $7,553 | 12 |
| 1BR | $5,461 | +$311 (+6.0%) | +$573 (+11.7%) | $4,895 – $5,700 | 215 |
| 2BR | $8,475 | +$909 (+12.0%) | +$102 (+1.2%) | $6,850 – $9,370 | 201 |
| 2BR | $8,732 | +$1,165 (+15.4%) | +$359 (+4.3%) | $7,461 – $9,371 | 8 |
| 2BR | $6,996 | −$570 (-7.5%) | −$1,377 (-16.4%) | $6,995 – $7,113 | 5 |
| 3BR | $6,025 | −$4,460 (-42.5%) | −$1,669 (-21.7%) | $5,588 – $7,246 | 20 |
| 3BR | $6,150 | −$4,335 (-41.3%) | −$1,544 (-20.1%) | $5,673 – $8,299 | 22 |
| 4BR | $4,000 | — | −$4,850 (-54.8%) | $4,000 – $4,000 | 1 |
| 4BR | $6,700 | — | −$2,150 (-24.3%) | $5,350 – $6,850 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Midtown vs. New York City — March 2025
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,495 | $2,514 | +$1,982 (+78.8%) |
| Studio | $4,388 | $2,514 | +$1,875 (+74.6%) |
| Studio | $3,644 | $2,514 | +$1,131 (+45.0%) |
| 1BR | $4,120 | $2,500 | +$1,620 (+64.8%) |
| 1BR | $7,040 | $2,500 | +$4,540 (+181.6%) |
| 1BR | $5,461 | $2,500 | +$2,961 (+118.4%) |
| 2BR | $8,475 | $2,938 | +$5,538 (+188.5%) |
| 2BR | $8,732 | $2,938 | +$5,794 (+197.2%) |
| 2BR | $6,996 | $2,938 | +$4,059 (+138.2%) |
| 3BR | $6,025 | $3,600 | +$2,425 (+67.4%) |
| 3BR | $6,150 | $3,600 | +$2,550 (+70.8%) |
| 4BR | $4,000 | $4,400 | −$400 (-9.1%) |
| 4BR | $6,700 | $4,400 | +$2,300 (+52.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.