Monthly Rent Report

Midtown Rent Report — February 2017

Asking rents in ZIP 10020, New York City, from 7 listings.

Median 1BR rent in Midtown was $2,100 in February 2017, flat versus January 2017 and down 40.0% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Midtown in line with the New York City citywide 1BR median of $2,100. The month's figures are based on 7 listings across 4 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2017Vs. February 2016P25–P75 RangeListings
1BR$2,100$0 (0.0%)−$1,400 (-40.0%)$2,100 – $2,1002
1BR$2,100$0 (0.0%)−$1,400 (-40.0%)$2,100 – $2,1001
2BR$3,300−$550 (-14.3%)—$3,300 – $3,3001
2BR$3,300−$550 (-14.3%)—$3,300 – $3,3003

Median, P25, and P75 are asking rents from listings posted in February 2017. Changes compare against the nearest prior month with data.

Midtown vs. New York City — February 2017

BedroomsMidtown MedianNYC Citywide MedianDifference
1BR$2,100$2,100$0 (0.0%)
1BR$2,100$2,100$0 (0.0%)
2BR$3,300$2,800+$500 (+17.9%)
2BR$3,300$2,800+$500 (+17.9%)

Citywide figure is the median of zip-level medians across 122 New York City zip codes with listings in February 2017.

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