Monthly Rent Report
Midtown Rent Report — August 2015
Asking rents in ZIP 10020, New York City, from 16 listings.
Median 1BR rent in Midtown was $3,598 in August 2015, up 7.5% (+$250) from July 2015 and down 23.5% year-over-year. The middle half of 1BR listings asked between $3,200 and $3,995. That puts Midtown $1,903 above the New York City citywide 1BR median of $1,695. The month's figures are based on 16 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2015 | Vs. August 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,598 | +$250 (+7.5%) | −$1,102 (-23.5%) | $3,200 – $3,995 | 4 |
| 1BR | $3,200 | −$147 (-4.4%) | −$1,500 (-31.9%) | $3,200 – $3,200 | 2 |
| 1BR | $3,995 | +$648 (+19.3%) | −$705 (-15.0%) | $3,995 – $3,995 | 2 |
| 3BR | $4,495 | $0 (0.0%) | $0 (0.0%) | $4,495 – $4,495 | 4 |
| 3BR | $4,495 | $0 (0.0%) | $0 (0.0%) | $4,495 – $4,495 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — August 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,598 | $1,695 | +$1,903 (+112.2%) |
| 1BR | $3,200 | $1,695 | +$1,505 (+88.8%) |
| 1BR | $3,995 | $1,695 | +$2,300 (+135.7%) |
| 3BR | $4,495 | $2,600 | +$1,895 (+72.9%) |
| 3BR | $4,495 | $2,600 | +$1,895 (+72.9%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in August 2015.