Monthly Rent Report
Midtown Rent Report — July 2017
Asking rents in ZIP 10020, New York City, from 14 listings.
Median 1BR rent in Midtown was $3,475 in July 2017, flat versus June 2017. The middle half of 1BR listings asked between $3,475 and $3,475. That puts Midtown $550 above the New York City citywide 1BR median of $2,925. The month's figures are based on 14 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2017 | Vs. July 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,475 | $0 (0.0%) | — | $3,475 – $3,475 | 4 |
| 1BR | $3,475 | $0 (0.0%) | — | $3,475 – $3,475 | 4 |
| 2BR | $4,500 | +$550 (+13.9%) | — | $4,288 – $4,500 | 3 |
| 2BR | $4,500 | +$550 (+13.9%) | — | $4,288 – $4,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2017. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2017
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,475 | $2,925 | +$550 (+18.8%) |
| 1BR | $3,475 | $2,925 | +$550 (+18.8%) |
| 2BR | $4,500 | $3,295 | +$1,205 (+36.6%) |
| 2BR | $4,500 | $3,295 | +$1,205 (+36.6%) |
Citywide figure is the median of zip-level medians across 89 New York City zip codes with listings in July 2017.