Monthly Rent Report
Midtown East Rent Report — October 2022
Asking rents in ZIP 10017, New York City, from 155 listings.
Median 1BR rent in Midtown East was $3,900 in October 2022, down 2.4% (−$95) from September 2022 and down 27.8% year-over-year. The middle half of 1BR listings asked between $3,500 and $4,475. That puts Midtown East $1,645 above the New York City citywide 1BR median of $2,255. The month's figures are based on 155 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,868 | +$2,318 (+90.9%) | +$2,718 (+126.4%) | $4,691 – $5,044 | 2 |
| Studio | $3,000 | +$450 (+17.6%) | +$850 (+39.5%) | $2,550 – $3,335 | 39 |
| Studio | $2,300 | −$250 (-9.8%) | +$150 (+7.0%) | $2,275 – $2,300 | 3 |
| 1BR | $3,900 | −$95 (-2.4%) | −$1,500 (-27.8%) | $3,500 – $4,475 | 45 |
| 1BR | $6,713 | +$2,718 (+68.0%) | +$1,313 (+24.3%) | $6,194 – $7,231 | 2 |
| 1BR | $3,748 | −$247 (-6.2%) | −$1,652 (-30.6%) | $3,374 – $4,121 | 2 |
| 2BR | $4,650 | −$1,545 (-24.9%) | −$3,000 (-39.2%) | $4,650 – $4,650 | 1 |
| 2BR | $4,550 | −$1,645 (-26.6%) | −$3,100 (-40.5%) | $4,550 – $4,550 | 1 |
| 2BR | $6,000 | −$195 (-3.1%) | −$1,650 (-21.6%) | $5,198 – $6,588 | 35 |
| 3BR | $5,995 | −$1,005 (-14.4%) | −$1,205 (-16.7%) | $5,750 – $8,685 | 11 |
| 3BR | $6,495 | −$505 (-7.2%) | −$705 (-9.8%) | $6,295 – $6,595 | 5 |
| 3BR | $5,825 | −$1,175 (-16.8%) | −$1,375 (-19.1%) | $5,184 – $6,196 | 6 |
| 4BR | $15,500 | −$1,245 (-7.4%) | +$8,047 (+108.0%) | $15,500 – $15,500 | 2 |
| 4BR | $15,500 | −$1,245 (-7.4%) | +$8,047 (+108.0%) | $15,500 – $15,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — October 2022
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,868 | $2,283 | +$2,585 (+113.3%) |
| Studio | $3,000 | $2,283 | +$718 (+31.4%) |
| Studio | $2,300 | $2,283 | +$18 (+0.8%) |
| 1BR | $3,900 | $2,255 | +$1,645 (+72.9%) |
| 1BR | $6,713 | $2,255 | +$4,458 (+197.7%) |
| 1BR | $3,748 | $2,255 | +$1,493 (+66.2%) |
| 2BR | $4,650 | $2,700 | +$1,950 (+72.2%) |
| 2BR | $4,550 | $2,700 | +$1,850 (+68.5%) |
| 2BR | $6,000 | $2,700 | +$3,300 (+122.2%) |
| 3BR | $5,995 | $3,200 | +$2,795 (+87.3%) |
| 3BR | $6,495 | $3,200 | +$3,295 (+103.0%) |
| 3BR | $5,825 | $3,200 | +$2,625 (+82.0%) |
| 4BR | $15,500 | $3,999 | +$11,501 (+287.6%) |
| 4BR | $15,500 | $3,999 | +$11,501 (+287.6%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.