Monthly Rent Report
Midtown Rent Report — December 2014
Asking rents in ZIP 10020, New York City, from 35 listings.
Median 1BR rent in Midtown was $3,413 in December 2014, up 5.8% (+$188) from November 2014. The middle half of 1BR listings asked between $3,225 and $3,600. That puts Midtown $1,863 above the New York City citywide 1BR median of $1,550. The month's figures are based on 35 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2014 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | $0 (0.0%) | — | $2,600 – $2,600 | 4 |
| Studio | $2,600 | $0 (0.0%) | — | $2,600 – $2,600 | 4 |
| 1BR | $3,413 | +$188 (+5.8%) | — | $3,225 – $3,600 | 10 |
| 1BR | $3,600 | +$375 (+11.6%) | — | $3,600 – $4,495 | 5 |
| 3BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 6 |
| 3BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2014. Changes compare against the nearest prior month with data.
Midtown vs. New York City — December 2014
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,500 | +$1,100 (+73.3%) |
| Studio | $2,600 | $1,500 | +$1,100 (+73.3%) |
| 1BR | $3,413 | $1,550 | +$1,863 (+120.2%) |
| 1BR | $3,600 | $1,550 | +$2,050 (+132.3%) |
| 3BR | $4,495 | $2,400 | +$2,095 (+87.3%) |
| 3BR | $4,495 | $2,400 | +$2,095 (+87.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in December 2014.