Monthly Rent Report
Midtown Rent Report — June 2015
Asking rents in ZIP 10020, New York City, from 19 listings.
Median 1BR rent in Midtown was $5,375 in June 2015, up 73.7% (+$2,280) from May 2015 and up 49.3% year-over-year. The middle half of 1BR listings asked between $5,338 and $5,413. That puts Midtown $3,675 above the New York City citywide 1BR median of $1,700. The month's figures are based on 19 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2015 | Vs. June 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | $0 (0.0%) | +$600 (+27.3%) | $2,800 – $2,800 | 2 |
| Studio | $2,800 | $0 (0.0%) | +$600 (+27.3%) | $2,800 – $2,800 | 2 |
| 1BR | $5,375 | +$2,280 (+73.7%) | +$1,775 (+49.3%) | $5,338 – $5,413 | 2 |
| 1BR | $3,348 | +$253 (+8.2%) | −$252 (-7.0%) | $3,095 – $3,600 | 4 |
| 1BR | $3,600 | +$505 (+16.3%) | $0 (0.0%) | $3,095 – $5,300 | 5 |
| 3BR | $4,495 | $0 (0.0%) | +$196 (+4.6%) | $4,495 – $4,495 | 2 |
| 3BR | $4,495 | $0 (0.0%) | +$196 (+4.6%) | $4,495 – $4,495 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — June 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 | $5,375 | $1,700 | +$3,675 (+216.2%) |
| 1BR | $3,348 | $1,700 | +$1,648 (+96.9%) |
| 1BR | $3,600 | $1,700 | +$1,900 (+111.8%) |
| 3BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
| 3BR | $4,495 | $2,500 | +$1,995 (+79.8%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in June 2015.