Monthly Rent Report
Midtown Rent Report — December 2015
Asking rents in ZIP 10020, New York City, from 35 listings.
Median 1BR rent in Midtown was $3,500 in December 2015, up 12.9% (+$400) from November 2015 and up 2.6% year-over-year. The middle half of 1BR listings asked between $3,500 and $4,400. That puts Midtown $1,815 above the New York City citywide 1BR median of $1,685. The month's figures are based on 35 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2015 | Vs. December 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,500 | +$400 (+12.9%) | +$88 (+2.6%) | $3,500 – $4,400 | 17 |
| 1BR | $3,100 | $0 (0.0%) | −$312 (-9.2%) | $3,100 – $3,100 | 4 |
| 1BR | $4,400 | +$1,300 (+41.9%) | +$988 (+28.9%) | $3,500 – $4,400 | 14 |
Median, P25, and P75 are asking rents from listings posted in December 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — December 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,500 | $1,685 | +$1,815 (+107.7%) |
| 1BR | $3,100 | $1,685 | +$1,415 (+84.0%) |
| 1BR | $4,400 | $1,685 | +$2,715 (+161.1%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in December 2015.