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

BedroomsMedianVs. October 2015Vs. November 2014P25–P75 RangeListings
1BR$3,300+$100 (+3.1%)+$75 (+2.3%)$3,100 – $3,5006
1BR$3,500+$300 (+9.4%)+$275 (+8.5%)$3,500 – $3,5003
1BR$3,100−$100 (-3.1%)−$125 (-3.9%)$3,100 – $3,1004

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 CityNovember 2015

BedroomsMidtown MedianNYC Citywide MedianDifference
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.

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