Monthly Rent Report
Midtown Rent Report — February 2015
Asking rents in ZIP 10020, New York City, from 27 listings.
Median Studio rent in Midtown was $2,375 in February 2015, down 8.7% (−$225) from January 2015 and up 43.9% year-over-year. The middle half of Studio listings asked between $2,099 and $2,600. That puts Midtown $925 above the New York City citywide Studio median of $1,450. The month's figures are based on 27 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2015 | Vs. February 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,375 | −$225 (-8.7%) | +$725 (+43.9%) | $2,099 – $2,600 | 8 |
| Studio | $2,375 | −$225 (-8.7%) | +$725 (+43.9%) | $2,099 – $2,600 | 8 |
| 2BR | $3,250 | — | −$400 (-11.0%) | $3,250 – $3,250 | 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 February 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — February 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,375 | $1,450 | +$925 (+63.8%) |
| Studio | $2,375 | $1,450 | +$925 (+63.8%) |
| 2BR | $3,250 | $2,000 | +$1,250 (+62.5%) |
| 3BR | $4,495 | $2,363 | +$2,133 (+90.3%) |
| 3BR | $4,495 | $2,363 | +$2,133 (+90.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in February 2015.