Monthly Rent Report

Midtown Rent Report — February 2016

Asking rents in ZIP 10020, New York City, from 3 listings.

Median 1BR rent in Midtown was $3,500 in February 2016, down 20.5% (−$900) from January 2016. The middle half of 1BR listings asked between $3,500 and $3,500. That puts Midtown $1,850 above the New York City citywide 1BR median of $1,650. The month's figures are based on 3 listings across 1 bedroom category.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2016Vs. February 2015P25–P75 RangeListings
1BR$3,500−$900 (-20.5%)—$3,500 – $3,5003

Median, P25, and P75 are asking rents from listings posted in February 2016. Changes compare against the nearest prior month with data.

Midtown vs. New York City — February 2016

BedroomsMidtown MedianNYC Citywide MedianDifference
1BR$3,500$1,650+$1,850 (+112.1%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in February 2016.

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