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 CityMarch 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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