Monthly Rent Report
Midtown Rent Report — March 2025
Asking rents in ZIP 10020, New York City, from 610 listings.
Median 1BR rent in Midtown was $1,814 in March 2025, down 48.2% (−$1,686) from January 2025. The middle half of 1BR listings asked between $1,758 and $1,916. That puts Midtown $686 below the New York City citywide 1BR median of $2,500. The month's figures are based on 610 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,579 | — | — | $1,579 – $1,614 | 7 |
| Studio | $1,614 | — | — | $1,614 – $1,614 | 3 |
| 1BR | $1,814 | −$1,686 (-48.2%) | — | $1,758 – $1,916 | 135 |
| 1BR | $1,811 | −$1,689 (-48.3%) | — | $1,745 – $1,916 | 109 |
| 2BR | $2,546 | −$854 (-25.1%) | — | $2,467 – $2,674 | 134 |
| 2BR | $2,545 | −$855 (-25.1%) | — | $2,467 – $2,674 | 170 |
| 3BR | $2,892 | −$1,608 (-35.7%) | — | $2,850 – $2,913 | 23 |
| 3BR | $2,892 | −$1,608 (-35.7%) | — | $2,850 – $2,950 | 29 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Midtown vs. New York City — March 2025
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,579 | $2,514 | −$934 (-37.2%) |
| Studio | $1,614 | $2,514 | −$899 (-35.8%) |
| 1BR | $1,814 | $2,500 | −$686 (-27.4%) |
| 1BR | $1,811 | $2,500 | −$689 (-27.6%) |
| 2BR | $2,546 | $2,938 | −$391 (-13.3%) |
| 2BR | $2,545 | $2,938 | −$392 (-13.4%) |
| 3BR | $2,892 | $3,600 | −$708 (-19.7%) |
| 3BR | $2,892 | $3,600 | −$708 (-19.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.