Monthly Rent Report

Midtown Rent Report — January 2018

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

Median 1BR rent in Midtown was $2,525 in January 2018, flat versus December 2017 and up 20.2% year-over-year. The middle half of 1BR listings asked between $2,519 and $2,525. That puts Midtown $385 below the New York City citywide 1BR median of $2,910. The month's figures are based on 7 listings across 2 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2017Vs. January 2017P25–P75 RangeListings
1BR$2,525$0 (0.0%)+$425 (+20.2%)$2,519 – $2,5254
3BR$3,300−$14,200 (-81.1%)$3,300 – $3,3003

Median, P25, and P75 are asking rents from listings posted in January 2018. Changes compare against the nearest prior month with data.

Midtown vs. New York CityJanuary 2018

BedroomsMidtown MedianNYC Citywide MedianDifference
1BR$2,525$2,910−$385 (-13.2%)
3BR$3,300$4,452−$1,152 (-25.9%)

Citywide figure is the median of zip-level medians across 71 New York City zip codes with listings in January 2018.

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