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 City — January 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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