Monthly Rent Report
Midtown Rent Report — September 2016
Asking rents in ZIP 10020, New York City, from 8 listings.
Median 1BR rent in Midtown was $2,100 in September 2016, down 21.5% (−$575) from August 2016 and down 20.8% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,244. That puts Midtown $400 above the New York City citywide 1BR median of $1,700. The month's figures are based on 8 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2016 | Vs. September 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | $0 (0.0%) | $0 (0.0%) | $2,800 – $2,800 | 4 |
| 1BR | $2,100 | −$575 (-21.5%) | −$550 (-20.8%) | $2,100 – $2,244 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2016. Changes compare against the nearest prior month with data.
Midtown vs. New York City — September 2016
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,600 | +$1,200 (+75.0%) |
| 1BR | $2,100 | $1,700 | +$400 (+23.5%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in September 2016.