Monthly Rent Report

Midtown Rent Report — April 2016

Asking rents in ZIP 10020, New York City, from 2 listings.

Median Studio rent in Midtown was $3,250 in April 2016, flat versus March 2016 and up 16.1% year-over-year. The middle half of Studio listings asked between $3,250 and $3,250. That puts Midtown $1,650 above the New York City citywide Studio median of $1,600. The month's figures are based on 2 listings across 2 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2016Vs. April 2015P25–P75 RangeListings
Studio$3,250$0 (0.0%)+$450 (+16.1%)$3,250 – $3,2501
2BR$3,800+$1,100 (+40.7%)$3,800 – $3,8001

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

Midtown vs. New York CityApril 2016

BedroomsMidtown MedianNYC Citywide MedianDifference
Studio$3,250$1,600+$1,650 (+103.1%)
2BR$3,800$2,100+$1,700 (+81.0%)

Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.

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