Monthly Rent Report
Midtown East Rent Report — July 2022
Asking rents in ZIP 10017, New York City, from 129 listings.
Median 1BR rent in Midtown East was $5,795 in July 2022, down 5.0% (−$305) from June 2022 and up 43.4% year-over-year. The middle half of 1BR listings asked between $5,619 and $6,006. That puts Midtown East $3,529 above the New York City citywide 1BR median of $2,266. The month's figures are based on 129 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,250 | −$1,257 (-27.9%) | +$1,350 (+71.1%) | $2,848 – $3,700 | 19 |
| Studio | $2,895 | −$1,612 (-35.8%) | +$995 (+52.4%) | $2,100 – $3,200 | 9 |
| Studio | $4,575 | +$68 (+1.5%) | +$2,675 (+140.8%) | $4,475 – $4,925 | 7 |
| 1BR | $5,795 | −$305 (-5.0%) | +$1,754 (+43.4%) | $5,619 – $6,006 | 8 |
| 1BR | $4,199 | −$1,901 (-31.2%) | +$158 (+3.9%) | $3,700 – $4,275 | 7 |
| 1BR | $4,200 | −$1,900 (-31.1%) | +$159 (+3.9%) | $3,925 – $4,995 | 33 |
| 2BR | $6,325 | −$3,225 (-33.8%) | −$174 (-2.7%) | $5,238 – $7,413 | 2 |
| 2BR | $6,695 | −$2,855 (-29.9%) | +$196 (+3.0%) | $6,160 – $8,323 | 3 |
| 2BR | $8,500 | −$1,050 (-11.0%) | +$2,001 (+30.8%) | $5,000 – $9,750 | 17 |
| 3BR | $9,995 | +$3,020 (+43.3%) | +$495 (+5.2%) | $6,996 – $10,560 | 14 |
| 3BR | $9,065 | +$2,090 (+30.0%) | −$435 (-4.6%) | $7,350 – $13,608 | 6 |
| 4BR | $18,500 | +$1,750 (+10.4%) | +$11,425 (+161.5%) | $17,625 – $18,500 | 3 |
| 4BR | $18,500 | +$1,750 (+10.4%) | +$11,425 (+161.5%) | $18,500 – $18,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — July 2022
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,250 | $2,245 | +$1,005 (+44.8%) |
| Studio | $2,895 | $2,245 | +$650 (+29.0%) |
| Studio | $4,575 | $2,245 | +$2,330 (+103.8%) |
| 1BR | $5,795 | $2,266 | +$3,529 (+155.8%) |
| 1BR | $4,199 | $2,266 | +$1,933 (+85.3%) |
| 1BR | $4,200 | $2,266 | +$1,934 (+85.4%) |
| 2BR | $6,325 | $2,800 | +$3,525 (+125.9%) |
| 2BR | $6,695 | $2,800 | +$3,895 (+139.1%) |
| 2BR | $8,500 | $2,800 | +$5,700 (+203.6%) |
| 3BR | $9,995 | $3,250 | +$6,745 (+207.5%) |
| 3BR | $9,065 | $3,250 | +$5,815 (+178.9%) |
| 4BR | $18,500 | $4,495 | +$14,005 (+311.6%) |
| 4BR | $18,500 | $4,495 | +$14,005 (+311.6%) |
Citywide figure is the median of zip-level medians across 172 New York City zip codes with listings in July 2022.