Monthly Rent Report
Midtown Rent Report — January 2017
Asking rents in ZIP 10020, New York City, from 15 listings.
Median 1BR rent in Midtown was $2,100 in January 2017, flat versus December 2016 and down 52.3% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Midtown $300 above the New York City citywide 1BR median of $1,800. The month's figures are based on 15 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2016 | Vs. January 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | $0 (0.0%) | −$2,300 (-52.3%) | $2,100 – $2,100 | 4 |
| 2BR | $3,850 | −$1,900 (-33.0%) | — | $3,300 – $3,850 | 9 |
| 3BR | $17,500 | +$12,700 (+264.6%) | — | $17,500 – $17,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2017. Changes compare against the nearest prior month with data.
Midtown vs. New York City — January 2017
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $1,800 | +$300 (+16.7%) |
| 2BR | $3,850 | $2,300 | +$1,550 (+67.4%) |
| 3BR | $17,500 | $2,700 | +$14,800 (+548.1%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in January 2017.