Monthly Rent Report
Midtown Rent Report — May 2018
Asking rents in ZIP 10020, New York City, from 12 listings.
Median 1BR rent in Midtown was $3,200 in May 2018, up 2.5% (+$77) from April 2018. The middle half of 1BR listings asked between $3,162 and $3,200. That puts Midtown $150 above the New York City citywide 1BR median of $3,050. The month's figures are based on 12 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2018 | Vs. May 2017 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,200 | +$77 (+2.5%) | — | $3,162 – $3,200 | 4 |
| 1BR | $3,200 | +$77 (+2.5%) | — | $3,200 – $3,200 | 2 |
| 3BR | $3,448 | — | — | $3,374 – $3,521 | 2 |
| 3BR | $3,448 | — | — | $3,300 – $3,595 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2018. Changes compare against the nearest prior month with data.
Midtown vs. New York City — May 2018
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,200 | $3,050 | +$150 (+4.9%) |
| 1BR | $3,200 | $3,050 | +$150 (+4.9%) |
| 3BR | $3,448 | $4,501 | −$1,053 (-23.4%) |
| 3BR | $3,448 | $4,501 | −$1,053 (-23.4%) |
Citywide figure is the median of zip-level medians across 61 New York City zip codes with listings in May 2018.