Monthly Rent Report
Midtown Rent Report — January 2015
Asking rents in ZIP 10020, New York City, from 23 listings.
Median 1BR rent in Midtown was $3,225 in January 2015, down 10.4% (−$375) from December 2014. The middle half of 1BR listings asked between $3,225 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 23 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2014 | Vs. January 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | $0 (0.0%) | +$950 (+57.6%) | $2,263 – $2,600 | 6 |
| Studio | $2,600 | $0 (0.0%) | +$950 (+57.6%) | $2,263 – $2,600 | 6 |
| 1BR | $3,225 | −$375 (-10.4%) | — | $3,225 – $3,225 | 3 |
| 3BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 4 |
| 3BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 4 |
Median, P25, and P75 are asking rents from listings posted in January 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — January 2015
| 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%) |
| 3BR | $4,495 | $2,375 | +$2,121 (+89.3%) |
| 3BR | $4,495 | $2,375 | +$2,121 (+89.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in January 2015.