Monthly Rent Report
Midtown Rent Report — April 2015
Asking rents in ZIP 10020, New York City, from 24 listings.
Median 1BR rent in Midtown was $2,350 in April 2015 and up 28.8% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Midtown $700 above the New York City citywide 1BR median of $1,650. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2015 | Vs. April 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | +$200 (+7.7%) | +$900 (+47.4%) | $2,800 – $2,800 | 2 |
| Studio | $2,800 | +$200 (+7.7%) | +$900 (+47.4%) | $2,800 – $2,800 | 4 |
| 1BR | $2,350 | — | +$525 (+28.8%) | $2,350 – $2,350 | 3 |
| 1BR | $2,350 | — | +$525 (+28.8%) | $2,350 – $2,350 | 5 |
| 2BR | $2,700 | −$275 (-9.2%) | −$100 (-3.6%) | $2,700 – $2,700 | 1 |
| 2BR | $2,700 | −$275 (-9.2%) | −$100 (-3.6%) | $2,700 – $2,700 | 1 |
| 3BR | $4,495 | $0 (0.0%) | +$396 (+9.7%) | $4,495 – $4,495 | 3 |
| 3BR | $4,495 | $0 (0.0%) | +$396 (+9.7%) | $4,495 – $4,495 | 5 |
Median, P25, and P75 are asking rents from listings posted in April 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — April 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,550 | +$1,250 (+80.6%) |
| Studio | $2,800 | $1,550 | +$1,250 (+80.6%) |
| 1BR | $2,350 | $1,650 | +$700 (+42.4%) |
| 1BR | $2,350 | $1,650 | +$700 (+42.4%) |
| 2BR | $2,700 | $2,036 | +$664 (+32.6%) |
| 2BR | $2,700 | $2,036 | +$664 (+32.6%) |
| 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 April 2015.