Monthly Rent Report

Midtown Rent Report — May 2016

Asking rents in ZIP 10020, New York City, from 1 listing.

Median Studio rent in Midtown was $2,800 in May 2016, down 13.8% (−$450) from April 2016 and unchanged year-over-year. The middle half of Studio listings asked between $2,800 and $2,800. That puts Midtown $1,250 above the New York City citywide Studio median of $1,550. The month's figures are based on 1 listing across 1 bedroom category.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2016Vs. May 2015P25–P75 RangeListings
Studio$2,800−$450 (-13.8%)$0 (0.0%)$2,800 – $2,8001

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

Midtown vs. New York City — May 2016

BedroomsMidtown MedianNYC Citywide MedianDifference
Studio$2,800$1,550+$1,250 (+80.6%)

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

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