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 CityFebruary 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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