Monthly Rent Report
Midtown Rent Report — December 2016
Asking rents in ZIP 10020, New York City, from 10 listings.
Median 1BR rent in Midtown was $2,100 in December 2016, flat versus November 2016 and down 52.3% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Midtown $301 above the New York City citywide 1BR median of $1,799. The month's figures are based on 10 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2016 | Vs. December 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | $0 (0.0%) | −$2,300 (-52.3%) | $2,100 – $2,100 | 3 |
| 2BR | $5,750 | $0 (0.0%) | — | $5,138 – $5,750 | 4 |
| 3BR | $4,800 | — | — | $4,800 – $11,150 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2016. Changes compare against the nearest prior month with data.
Midtown vs. New York City — December 2016
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $1,799 | +$301 (+16.7%) |
| 2BR | $5,750 | $2,300 | +$3,450 (+150.0%) |
| 3BR | $4,800 | $2,800 | +$2,001 (+71.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2016.