Monthly Rent Report
Midtown Rent Report — July 2015
Asking rents in ZIP 10020, New York City, from 34 listings.
Median 1BR rent in Midtown was $3,348 in July 2015, flat versus June 2015 and down 7.0% year-over-year. The middle half of 1BR listings asked between $3,095 and $3,600. That puts Midtown $1,648 above the New York City citywide 1BR median of $1,700. The month's figures are based on 34 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2015 | Vs. July 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | $0 (0.0%) | +$650 (+30.2%) | $2,800 – $2,800 | 2 |
| Studio | $2,800 | $0 (0.0%) | +$650 (+30.2%) | $2,800 – $2,800 | 2 |
| 1BR | $3,348 | $0 (0.0%) | −$252 (-7.0%) | $3,095 – $3,600 | 10 |
| 1BR | $3,348 | $0 (0.0%) | −$252 (-7.0%) | $3,095 – $3,600 | 10 |
| 3BR | $4,495 | $0 (0.0%) | $0 (0.0%) | $4,495 – $4,495 | 5 |
| 3BR | $4,495 | $0 (0.0%) | $0 (0.0%) | $4,495 – $4,495 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,600 | +$1,200 (+75.0%) |
| Studio | $2,800 | $1,600 | +$1,200 (+75.0%) |
| 1BR | $3,348 | $1,700 | +$1,648 (+96.9%) |
| 1BR | $3,348 | $1,700 | +$1,648 (+96.9%) |
| 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 July 2015.