Monthly Rent Report
Midtown Rent Report — August 2016
Asking rents in ZIP 10020, New York City, from 9 listings.
Median 1BR rent in Midtown was $2,675 in August 2016 and down 16.4% year-over-year. The middle half of 1BR listings asked between $2,675 and $2,675. That puts Midtown $978 above the New York City citywide 1BR median of $1,698. The month's figures are based on 9 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2016 | Vs. August 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 5 |
| 1BR | $2,675 | — | −$525 (-16.4%) | $2,675 – $2,675 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2016. Changes compare against the nearest prior month with data.
Midtown vs. New York City — August 2016
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,638 | +$1,163 (+71.0%) |
| 1BR | $2,675 | $1,698 | +$978 (+57.6%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in August 2016.