Monthly Rent Report

Midtown Rent Report — May 2017

Asking rents in ZIP 10020, New York City, from 4 listings.

Median 2BR rent in Midtown was $3,900 in May 2017, up 18.2% (+$600) from April 2017. The middle half of 2BR listings asked between $3,600 and $4,200. That puts Midtown $605 above the New York City citywide 2BR median of $3,295. The month's figures are based on 4 listings across 2 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2017Vs. May 2016P25–P75 RangeListings
2BR$3,900+$600 (+18.2%)$3,600 – $4,2002
2BR$3,900+$600 (+18.2%)$3,600 – $4,2002

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

Midtown vs. New York CityMay 2017

BedroomsMidtown MedianNYC Citywide MedianDifference
2BR$3,900$3,295+$605 (+18.4%)
2BR$3,900$3,295+$605 (+18.4%)

Citywide figure is the median of zip-level medians across 89 New York City zip codes with listings in May 2017.

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