Monthly Rent Report
Midtown Rent Report — August 2017
Asking rents in ZIP 10020, New York City, from 5 listings.
Median 1BR rent in Midtown was $3,475 in August 2017, flat versus July 2017 and up 29.9% year-over-year. The middle half of 1BR listings asked between $3,475 and $3,475. That puts Midtown $608 above the New York City citywide 1BR median of $2,868. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2017 | Vs. August 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,475 | $0 (0.0%) | +$800 (+29.9%) | $3,475 – $3,475 | 1 |
| 1BR | $3,475 | $0 (0.0%) | +$800 (+29.9%) | $3,475 – $3,475 | 1 |
| 2BR | $4,075 | −$425 (-9.4%) | — | $4,075 – $4,075 | 2 |
| 2BR | $4,075 | −$425 (-9.4%) | — | $4,075 – $4,075 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2017. Changes compare against the nearest prior month with data.
Midtown vs. New York City — August 2017
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,475 | $2,868 | +$608 (+21.2%) |
| 1BR | $3,475 | $2,868 | +$608 (+21.2%) |
| 2BR | $4,075 | $3,318 | +$758 (+22.8%) |
| 2BR | $4,075 | $3,318 | +$758 (+22.8%) |
Citywide figure is the median of zip-level medians across 87 New York City zip codes with listings in August 2017.