Monthly Rent Report
Midtown Rent Report — October 2015
Asking rents in ZIP 10020, New York City, from 16 listings.
Median 1BR rent in Midtown was $3,200 in October 2015, up 52.4% (+$1,100) from September 2015 and down 0.8% year-over-year. The middle half of 1BR listings asked between $3,100 and $3,200. That puts Midtown $1,519 above the New York City citywide 1BR median of $1,681. The month's figures are based on 16 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2015 | Vs. October 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,200 | +$1,100 (+52.4%) | −$25 (-0.8%) | $3,100 – $3,200 | 5 |
| 1BR | $2,100 | $0 (0.0%) | −$1,125 (-34.9%) | $2,100 – $2,100 | 1 |
| 1BR | $3,200 | +$1,100 (+52.4%) | −$25 (-0.8%) | $3,200 – $3,200 | 5 |
| 3BR | $4,495 | $0 (0.0%) | −$305 (-6.4%) | $4,495 – $4,495 | 3 |
| 3BR | $4,495 | $0 (0.0%) | −$305 (-6.4%) | $4,495 – $4,495 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — October 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,200 | $1,681 | +$1,519 (+90.3%) |
| 1BR | $2,100 | $1,681 | +$419 (+24.9%) |
| 1BR | $3,200 | $1,681 | +$1,519 (+90.3%) |
| 3BR | $4,495 | $2,550 | +$1,945 (+76.3%) |
| 3BR | $4,495 | $2,550 | +$1,945 (+76.3%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in October 2015.