Monthly Rent Report
Midtown East Rent Report — February 2023
Asking rents in ZIP 10017, New York City, from 64 listings.
Median 1BR rent in Midtown East was $5,195 in February 2023, up 29.9% (+$1,195) from January 2023 and up 3.4% year-over-year. The middle half of 1BR listings asked between $5,195 and $5,195. That puts Midtown East $2,996 above the New York City citywide 1BR median of $2,200. The month's figures are based on 64 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,800 | +$1,900 (+65.5%) | +$400 (+9.1%) | $4,800 – $5,013 | 4 |
| Studio | $2,798 | −$102 (-3.5%) | −$1,602 (-36.4%) | $2,400 – $2,963 | 16 |
| Studio | $2,800 | −$100 (-3.4%) | −$1,600 (-36.4%) | $2,748 – $2,800 | 11 |
| 1BR | $5,195 | +$1,195 (+29.9%) | +$170 (+3.4%) | $5,195 – $5,195 | 1 |
| 1BR | $3,825 | −$175 (-4.4%) | −$1,200 (-23.9%) | $3,513 – $4,175 | 10 |
| 1BR | $4,200 | +$200 (+5.0%) | −$825 (-16.4%) | $4,048 – $4,449 | 7 |
| 2BR | $4,975 | −$20 (-0.4%) | −$4,825 (-49.2%) | $4,613 – $6,736 | 6 |
| 2BR | $6,040 | +$1,045 (+20.9%) | −$3,760 (-38.4%) | $5,770 – $6,770 | 3 |
| 2BR | $5,195 | +$200 (+4.0%) | −$4,605 (-47.0%) | $5,195 – $5,195 | 1 |
| 3BR | $4,650 | −$2,550 (-35.4%) | −$2,550 (-35.4%) | $4,650 – $4,650 | 1 |
| 3BR | $12,000 | +$4,800 (+66.7%) | +$4,800 (+66.7%) | $12,000 – $12,000 | 1 |
| 3BR | $7,695 | +$495 (+6.9%) | +$495 (+6.9%) | $7,695 – $7,695 | 1 |
| 4BR | $15,750 | +$8,055 (+104.7%) | — | $15,750 – $15,750 | 1 |
| 4BR | $15,750 | +$8,055 (+104.7%) | — | $15,750 – $15,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — February 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,800 | $2,260 | +$2,540 (+112.4%) |
| Studio | $2,798 | $2,260 | +$538 (+23.8%) |
| Studio | $2,800 | $2,260 | +$540 (+23.9%) |
| 1BR | $5,195 | $2,200 | +$2,996 (+136.2%) |
| 1BR | $3,825 | $2,200 | +$1,626 (+73.9%) |
| 1BR | $4,200 | $2,200 | +$2,001 (+91.0%) |
| 2BR | $4,975 | $2,695 | +$2,280 (+84.6%) |
| 2BR | $6,040 | $2,695 | +$3,345 (+124.1%) |
| 2BR | $5,195 | $2,695 | +$2,500 (+92.8%) |
| 3BR | $4,650 | $3,200 | +$1,450 (+45.3%) |
| 3BR | $12,000 | $3,200 | +$8,800 (+275.0%) |
| 3BR | $7,695 | $3,200 | +$4,495 (+140.5%) |
| 4BR | $15,750 | $3,800 | +$11,950 (+314.5%) |
| 4BR | $15,750 | $3,800 | +$11,950 (+314.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.