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 CityMay 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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