Monthly Rent Report
Midtown Rent Report — November 2015
Asking rents in ZIP 10020, New York City, from 13 listings.
Median 1BR rent in Midtown was $3,300 in November 2015, up 3.1% (+$100) from October 2015 and up 2.3% year-over-year. The middle half of 1BR listings asked between $3,100 and $3,500. That puts Midtown $1,625 above the New York City citywide 1BR median of $1,675. The month's figures are based on 13 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2015 | Vs. November 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,300 | +$100 (+3.1%) | +$75 (+2.3%) | $3,100 – $3,500 | 6 |
| 1BR | $3,500 | +$300 (+9.4%) | +$275 (+8.5%) | $3,500 – $3,500 | 3 |
| 1BR | $3,100 | −$100 (-3.1%) | −$125 (-3.9%) | $3,100 – $3,100 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — November 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,300 | $1,675 | +$1,625 (+97.0%) |
| 1BR | $3,500 | $1,675 | +$1,825 (+109.0%) |
| 1BR | $3,100 | $1,675 | +$1,425 (+85.1%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in November 2015.