Monthly Rent Report
Midtown Rent Report — November 2014
Asking rents in ZIP 10020, New York City, from 31 listings.
Median 1BR rent in Midtown was $3,225 in November 2014, flat versus October 2014. The middle half of 1BR listings asked between $2,400 and $3,225. That puts Midtown $1,675 above the New York City citywide 1BR median of $1,550. The month's figures are based on 31 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | +$450 (+20.9%) | — | $2,375 – $2,600 | 3 |
| Studio | $2,600 | +$450 (+20.9%) | — | $2,375 – $2,600 | 3 |
| 1BR | $3,225 | $0 (0.0%) | — | $2,400 – $3,225 | 10 |
| 1BR | $2,400 | −$825 (-25.6%) | — | $2,400 – $3,300 | 6 |
| 3BR | $8,748 | +$4,253 (+94.6%) | — | $4,495 – $13,000 | 6 |
| 3BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2014. Changes compare against the nearest prior month with data.
Midtown vs. New York City — November 2014
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,450 | +$1,150 (+79.3%) |
| Studio | $2,600 | $1,450 | +$1,150 (+79.3%) |
| 1BR | $3,225 | $1,550 | +$1,675 (+108.1%) |
| 1BR | $2,400 | $1,550 | +$850 (+54.8%) |
| 3BR | $8,748 | $2,350 | +$6,398 (+272.2%) |
| 3BR | $4,495 | $2,350 | +$2,145 (+91.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in November 2014.