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 City — April 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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