Monthly Rent Report
Midtown Rent Report — October 2016
Asking rents in ZIP 10020, New York City, from 3 listings.
Median 1BR rent in Midtown was $2,100 in October 2016, flat versus September 2016 and down 34.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Midtown $400 above the New York City citywide 1BR median of $1,700. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2016 | Vs. October 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 1 |
| 1BR | $2,100 | $0 (0.0%) | −$1,100 (-34.4%) | $2,100 – $2,100 | 1 |
| 2BR | $5,750 | — | — | $5,750 – $5,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2016. Changes compare against the nearest prior month with data.
Midtown vs. New York City — October 2016
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,613 | +$1,188 (+73.6%) |
| 1BR | $2,100 | $1,700 | +$400 (+23.5%) |
| 2BR | $5,750 | $2,128 | +$3,622 (+170.2%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in October 2016.