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 CityFebruary 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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