Monthly Rent Report
Midtown East Rent Report — January 2023
Asking rents in ZIP 10017, New York City, from 313 listings.
Median 1BR rent in Midtown East was $5,235 in January 2023, up 28.5% (+$1,163) from December 2022 and up 4.8% year-over-year. The middle half of 1BR listings asked between $4,855 and $5,615. That puts Midtown East $2,946 above the New York City citywide 1BR median of $2,289. The month's figures are based on 313 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,900 | +$50 (+1.8%) | −$98 (-3.3%) | $2,400 – $3,150 | 67 |
| Studio | $3,075 | +$225 (+7.9%) | +$77 (+2.6%) | $2,500 – $3,275 | 18 |
| Studio | $3,100 | +$250 (+8.8%) | +$102 (+3.4%) | $3,050 – $3,150 | 3 |
| 1BR | $5,235 | +$1,163 (+28.5%) | +$238 (+4.8%) | $4,855 – $5,615 | 2 |
| 1BR | $4,000 | −$72 (-1.8%) | −$997 (-20.0%) | $3,198 – $4,100 | 15 |
| 1BR | $4,318 | +$245 (+6.0%) | −$680 (-13.6%) | $3,500 – $4,999 | 82 |
| 2BR | $4,995 | −$1,405 (-22.0%) | −$1,455 (-22.6%) | $4,495 – $5,495 | 3 |
| 2BR | $7,000 | +$600 (+9.4%) | +$550 (+8.5%) | $7,000 – $7,499 | 14 |
| 2BR | $6,495 | +$95 (+1.5%) | +$45 (+0.7%) | $5,400 – $8,950 | 65 |
| 3BR | $7,200 | +$2,400 (+50.0%) | −$141 (-1.9%) | $6,500 – $10,120 | 21 |
| 3BR | $12,000 | +$7,200 (+150.0%) | +$4,659 (+63.5%) | $6,648 – $12,000 | 11 |
| 3BR | $4,650 | −$150 (-3.1%) | −$2,691 (-36.7%) | $4,650 – $4,650 | 1 |
| 4BR | $6,900 | −$1,000 (-12.7%) | −$553 (-7.4%) | $6,900 – $6,900 | 1 |
| 4BR | $7,695 | −$205 (-2.6%) | +$242 (+3.2%) | $7,695 – $7,695 | 2 |
| 4BR | $6,900 | −$1,000 (-12.7%) | −$553 (-7.4%) | $6,900 – $6,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — January 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,900 | $2,197 | +$703 (+32.0%) |
| Studio | $3,075 | $2,197 | +$878 (+40.0%) |
| Studio | $3,100 | $2,197 | +$903 (+41.1%) |
| 1BR | $5,235 | $2,289 | +$2,946 (+128.7%) |
| 1BR | $4,000 | $2,289 | +$1,711 (+74.7%) |
| 1BR | $4,318 | $2,289 | +$2,029 (+88.6%) |
| 2BR | $4,995 | $2,700 | +$2,295 (+85.0%) |
| 2BR | $7,000 | $2,700 | +$4,300 (+159.3%) |
| 2BR | $6,495 | $2,700 | +$3,795 (+140.6%) |
| 3BR | $7,200 | $3,200 | +$4,000 (+125.0%) |
| 3BR | $12,000 | $3,200 | +$8,800 (+275.0%) |
| 3BR | $4,650 | $3,200 | +$1,450 (+45.3%) |
| 4BR | $6,900 | $3,861 | +$3,039 (+78.7%) |
| 4BR | $7,695 | $3,861 | +$3,834 (+99.3%) |
| 4BR | $6,900 | $3,861 | +$3,039 (+78.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.