Monthly Rent Report
Midtown Rent Report — March 2014
Asking rents in ZIP 10020, New York City, from 12 listings.
Median 1BR rent in Midtown was $1,700 in March 2014. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Midtown $234 above the New York City citywide 1BR median of $1,466. The month's figures are based on 12 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | +$250 (+15.2%) | — | $1,775 – $1,900 | 3 |
| Studio | $1,900 | +$250 (+15.2%) | — | $1,775 – $1,900 | 3 |
| 1BR | $1,700 | — | — | $1,700 – $1,700 | 2 |
| 1BR | $1,700 | — | — | $1,700 – $1,700 | 2 |
| 2BR | $2,300 | −$1,350 (-37.0%) | — | $2,300 – $2,300 | 1 |
| 2BR | $2,300 | −$1,350 (-37.0%) | — | $2,300 – $2,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2014. Changes compare against the nearest prior month with data.
Midtown vs. New York City — March 2014
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,315 | +$585 (+44.5%) |
| Studio | $1,900 | $1,315 | +$585 (+44.5%) |
| 1BR | $1,700 | $1,466 | +$234 (+15.9%) |
| 1BR | $1,700 | $1,466 | +$234 (+15.9%) |
| 2BR | $2,300 | $1,838 | +$463 (+25.2%) |
| 2BR | $2,300 | $1,838 | +$463 (+25.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in March 2014.