Monthly Rent Report
Midtown Rent Report — July 2024
Asking rents in ZIP 10020, New York City, from 8 listings.
Median 1BR rent in Midtown was $3,500 in July 2024, flat versus June 2024. The middle half of 1BR listings asked between $3,500 and $3,500. That puts Midtown $1,000 above the New York City citywide 1BR median of $2,500. The month's figures are based on 8 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 2 |
| 1BR | $3,500 | $0 (0.0%) | — | $3,500 – $3,500 | 1 |
| 2BR | $4,500 | $0 (0.0%) | — | $4,500 – $4,500 | 1 |
| 2BR | $4,500 | $0 (0.0%) | — | $3,950 – $4,500 | 3 |
| 3BR | $4,500 | — | — | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Midtown vs. New York City — July 2024
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,500 | $2,500 | +$1,000 (+40.0%) |
| 1BR | $3,500 | $2,500 | +$1,000 (+40.0%) |
| 2BR | $4,500 | $3,000 | +$1,500 (+50.0%) |
| 2BR | $4,500 | $3,000 | +$1,500 (+50.0%) |
| 3BR | $4,500 | $3,606 | +$894 (+24.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.