Monthly Rent Report
Midtown Rent Report — February 2018
Asking rents in ZIP 10020, New York City, from 10 listings.
Median 1BR rent in Midtown was $2,500 in February 2018, down 1.0% (−$25) from January 2018 and up 19.0% year-over-year. The middle half of 1BR listings asked between $2,500 and $3,156. That puts Midtown $500 below the New York City citywide 1BR median of $3,000. The month's figures are based on 10 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2018 | Vs. February 2017 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,500 | −$25 (-1.0%) | +$400 (+19.0%) | $2,500 – $3,156 | 6 |
| 2BR | $2,795 | — | −$505 (-15.3%) | $2,795 – $2,795 | 1 |
| 3BR | $3,300 | $0 (0.0%) | — | $3,300 – $3,300 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2018. Changes compare against the nearest prior month with data.
Midtown vs. New York City — February 2018
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,500 | $3,000 | −$500 (-16.7%) |
| 2BR | $2,795 | $3,500 | −$705 (-20.1%) |
| 3BR | $3,300 | $4,400 | −$1,100 (-25.0%) |
Citywide figure is the median of zip-level medians across 68 New York City zip codes with listings in February 2018.