Monthly Rent Report

Midtown Rent Report — March 2018

Asking rents in ZIP 10020, New York City, from 5 listings.

Median 1BR rent in Midtown was $3,375 in March 2018, up 35.0% (+$875) from February 2018. The middle half of 1BR listings asked between $3,375 and $3,375. That puts Midtown $380 above the New York City citywide 1BR median of $2,995. The month's figures are based on 5 listings across 2 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2018Vs. March 2017P25–P75 RangeListings
1BR$3,375+$875 (+35.0%)—$3,375 – $3,3753
2BR$2,795$0 (0.0%)−$505 (-15.3%)$2,795 – $2,7952

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

Midtown vs. New York City — March 2018

BedroomsMidtown MedianNYC Citywide MedianDifference
1BR$3,375$2,995+$380 (+12.7%)
2BR$2,795$3,500−$705 (-20.1%)

Citywide figure is the median of zip-level medians across 60 New York City zip codes with listings in March 2018.

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