Monthly Rent Report
Midtown East Rent Report — August 2022
Asking rents in ZIP 10017, New York City, from 338 listings.
Median 1BR rent in Midtown East was $4,050 in August 2022, down 3.6% (−$150) from July 2022 and up 8.0% year-over-year. The middle half of 1BR listings asked between $3,700 and $4,461. That puts Midtown East $1,700 above the New York City citywide 1BR median of $2,350. The month's figures are based on 338 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | +$205 (+7.1%) | +$950 (+44.2%) | $2,800 – $3,555 | 85 |
| Studio | $4,795 | +$1,900 (+65.6%) | +$2,645 (+123.0%) | $4,275 – $4,795 | 5 |
| Studio | $2,250 | −$645 (-22.3%) | +$100 (+4.7%) | $2,213 – $2,275 | 4 |
| 1BR | $4,050 | −$150 (-3.6%) | +$300 (+8.0%) | $3,700 – $4,461 | 136 |
| 1BR | $3,600 | −$600 (-14.3%) | −$150 (-4.0%) | $3,398 – $4,050 | 7 |
| 1BR | $5,975 | +$1,775 (+42.3%) | +$2,225 (+59.3%) | $5,625 – $6,050 | 5 |
| 2BR | $6,400 | −$295 (-4.4%) | +$453 (+7.6%) | $5,050 – $7,050 | 52 |
| 2BR | $9,950 | +$3,255 (+48.6%) | +$4,003 (+67.3%) | $7,925 – $10,375 | 3 |
| 2BR | $9,800 | +$3,105 (+46.4%) | +$3,853 (+64.8%) | $8,524 – $9,800 | 4 |
| 3BR | $11,000 | +$1,935 (+21.3%) | +$3,800 (+52.8%) | $11,000 – $11,000 | 4 |
| 3BR | $9,750 | +$685 (+7.6%) | +$2,550 (+35.4%) | $7,200 – $10,380 | 17 |
| 3BR | $9,750 | +$685 (+7.6%) | +$2,550 (+35.4%) | $7,175 – $11,250 | 12 |
| 4BR | $16,745 | −$1,755 (-9.5%) | +$8,750 (+109.4%) | $16,745 – $16,745 | 1 |
| 4BR | $16,745 | −$1,755 (-9.5%) | +$8,750 (+109.4%) | $16,745 – $16,745 | 1 |
| 4BR | $16,745 | −$1,755 (-9.5%) | +$8,750 (+109.4%) | $16,745 – $16,745 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — August 2022
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $2,300 | +$800 (+34.8%) |
| Studio | $4,795 | $2,300 | +$2,495 (+108.5%) |
| Studio | $2,250 | $2,300 | −$50 (-2.2%) |
| 1BR | $4,050 | $2,350 | +$1,700 (+72.3%) |
| 1BR | $3,600 | $2,350 | +$1,250 (+53.2%) |
| 1BR | $5,975 | $2,350 | +$3,625 (+154.3%) |
| 2BR | $6,400 | $2,800 | +$3,600 (+128.6%) |
| 2BR | $9,950 | $2,800 | +$7,150 (+255.4%) |
| 2BR | $9,800 | $2,800 | +$7,000 (+250.0%) |
| 3BR | $11,000 | $3,350 | +$7,650 (+228.4%) |
| 3BR | $9,750 | $3,350 | +$6,400 (+191.0%) |
| 3BR | $9,750 | $3,350 | +$6,400 (+191.0%) |
| 4BR | $16,745 | $4,224 | +$12,521 (+296.4%) |
| 4BR | $16,745 | $4,224 | +$12,521 (+296.4%) |
| 4BR | $16,745 | $4,224 | +$12,521 (+296.4%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.