Monthly Rent Report
Midtown Rent Report — July 2014
Asking rents in ZIP 10020, New York City, from 102 listings.
Median 1BR rent in Midtown was $3,600 in July 2014, flat versus June 2014. The middle half of 1BR listings asked between $3,600 and $5,500. That puts Midtown $2,100 above the New York City citywide 1BR median of $1,500. The month's figures are based on 102 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | −$50 (-2.3%) | — | $2,150 – $2,150 | 5 |
| Studio | $2,150 | −$50 (-2.3%) | — | $2,150 – $2,150 | 5 |
| 1BR | $3,600 | $0 (0.0%) | — | $3,600 – $5,500 | 15 |
| 1BR | $3,600 | $0 (0.0%) | — | $3,225 – $5,500 | 17 |
| 2BR | $9,900 | $0 (0.0%) | — | $9,900 – $9,950 | 12 |
| 2BR | $9,925 | +$25 (+0.3%) | — | $9,900 – $9,950 | 10 |
| 3BR | $4,495 | +$196 (+4.6%) | — | $4,299 – $4,800 | 19 |
| 3BR | $4,495 | +$196 (+4.6%) | — | $4,299 – $4,800 | 19 |
Median, P25, and P75 are asking rents from listings posted in July 2014. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2014
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $1,400 | +$750 (+53.6%) |
| Studio | $2,150 | $1,400 | +$750 (+53.6%) |
| 1BR | $3,600 | $1,500 | +$2,100 (+140.0%) |
| 1BR | $3,600 | $1,500 | +$2,100 (+140.0%) |
| 2BR | $9,900 | $1,950 | +$7,950 (+407.7%) |
| 2BR | $9,925 | $1,950 | +$7,975 (+409.0%) |
| 3BR | $4,495 | $2,375 | +$2,120 (+89.3%) |
| 3BR | $4,495 | $2,375 | +$2,120 (+89.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in July 2014.