Monthly Rent Report
Midtown East Rent Report — September 2022
Asking rents in ZIP 10017, New York City, from 376 listings.
Median 1BR rent in Midtown East was $5,875 in September 2022, up 45.1% (+$1,825) from August 2022 and up 44.0% year-over-year. The middle half of 1BR listings asked between $5,750 and $5,888. That puts Midtown East $3,575 above the New York City citywide 1BR median of $2,300. The month's figures are based on 376 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,398 | +$1,298 (+41.9%) | +$2,248 (+104.5%) | $4,096 – $4,625 | 4 |
| Studio | $2,550 | −$550 (-17.7%) | +$400 (+18.6%) | $2,500 – $2,750 | 25 |
| Studio | $3,200 | +$100 (+3.2%) | +$1,050 (+48.8%) | $2,800 – $3,375 | 133 |
| 1BR | $5,875 | +$1,825 (+45.1%) | +$1,796 (+44.0%) | $5,750 – $5,888 | 3 |
| 1BR | $3,500 | −$550 (-13.6%) | −$579 (-14.2%) | $3,246 – $4,250 | 14 |
| 1BR | $3,995 | −$55 (-1.4%) | −$84 (-2.1%) | $3,700 – $4,395 | 95 |
| 2BR | $6,195 | −$205 (-3.2%) | −$255 (-4.0%) | $4,695 – $7,485 | 64 |
| 2BR | $7,900 | +$1,500 (+23.4%) | +$1,450 (+22.5%) | $6,925 – $8,875 | 2 |
| 2BR | $5,200 | −$1,200 (-18.8%) | −$1,250 (-19.4%) | $4,763 – $5,995 | 16 |
| 3BR | $7,000 | −$2,750 (-28.2%) | −$200 (-2.8%) | $6,350 – $8,150 | 9 |
| 3BR | $7,100 | −$2,650 (-27.2%) | −$100 (-1.4%) | $7,100 – $7,100 | 2 |
| 3BR | $11,000 | +$1,250 (+12.8%) | +$3,800 (+52.8%) | $11,000 – $11,000 | 1 |
| 4BR | $11,673 | −$5,072 (-30.3%) | +$3,273 (+39.0%) | $6,600 – $16,745 | 4 |
| 4BR | $6,600 | −$10,145 (-60.6%) | −$1,800 (-21.4%) | $6,600 – $6,600 | 1 |
| 4BR | $16,745 | $0 (0.0%) | +$8,345 (+99.3%) | $11,673 – $16,745 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — September 2022
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,398 | $2,200 | +$2,198 (+99.9%) |
| Studio | $2,550 | $2,200 | +$350 (+15.9%) |
| Studio | $3,200 | $2,200 | +$1,000 (+45.5%) |
| 1BR | $5,875 | $2,300 | +$3,575 (+155.4%) |
| 1BR | $3,500 | $2,300 | +$1,200 (+52.2%) |
| 1BR | $3,995 | $2,300 | +$1,695 (+73.7%) |
| 2BR | $6,195 | $2,800 | +$3,395 (+121.2%) |
| 2BR | $7,900 | $2,800 | +$5,100 (+182.1%) |
| 2BR | $5,200 | $2,800 | +$2,400 (+85.7%) |
| 3BR | $7,000 | $3,395 | +$3,605 (+106.2%) |
| 3BR | $7,100 | $3,395 | +$3,705 (+109.1%) |
| 3BR | $11,000 | $3,395 | +$7,605 (+224.0%) |
| 4BR | $11,673 | $3,998 | +$7,675 (+192.0%) |
| 4BR | $6,600 | $3,998 | +$2,602 (+65.1%) |
| 4BR | $16,745 | $3,998 | +$12,747 (+318.8%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.