Monthly Rent Report
Midtown East Rent Report — March 2023
Asking rents in ZIP 10017, New York City, from 197 listings.
Median 1BR rent in Midtown East was $3,648 in March 2023, down 4.6% (−$177) from February 2023 and down 37.6% year-over-year. The middle half of 1BR listings asked between $3,300 and $4,600. That puts Midtown East $1,349 above the New York City citywide 1BR median of $2,299. The month's figures are based on 197 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | −$2,250 (-46.9%) | −$350 (-12.1%) | $2,500 – $2,750 | 6 |
| Studio | $3,095 | −$1,705 (-35.5%) | +$195 (+6.7%) | $2,990 – $3,425 | 30 |
| Studio | $3,350 | −$1,450 (-30.2%) | +$450 (+15.5%) | $3,350 – $3,350 | 1 |
| 1BR | $3,648 | −$177 (-4.6%) | −$2,202 (-37.6%) | $3,300 – $4,600 | 16 |
| 1BR | $4,450 | +$625 (+16.3%) | −$1,400 (-23.9%) | $3,913 – $4,981 | 62 |
| 1BR | $5,195 | +$1,370 (+35.8%) | −$655 (-11.2%) | $4,940 – $5,595 | 3 |
| 2BR | $4,995 | −$200 (-3.8%) | −$1,055 (-17.4%) | $4,715 – $5,395 | 4 |
| 2BR | $4,590 | −$605 (-11.6%) | −$1,460 (-24.1%) | $4,475 – $5,575 | 7 |
| 2BR | $6,545 | +$1,350 (+26.0%) | +$495 (+8.2%) | $5,900 – $9,563 | 42 |
| 3BR | $7,695 | $0 (0.0%) | +$45 (+0.6%) | $6,490 – $9,295 | 13 |
| 3BR | $4,973 | −$2,722 (-35.4%) | −$2,677 (-35.0%) | $4,450 – $7,371 | 4 |
| 3BR | $7,695 | $0 (0.0%) | +$45 (+0.6%) | $5,835 – $8,248 | 3 |
| 4BR | $8,350 | −$7,400 (-47.0%) | — | $8,350 – $8,350 | 1 |
| 4BR | $19,500 | +$3,750 (+23.8%) | — | $13,200 – $19,500 | 3 |
| 4BR | $6,900 | −$8,850 (-56.2%) | — | $6,900 – $6,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — March 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $2,200 | +$350 (+15.9%) |
| Studio | $3,095 | $2,200 | +$895 (+40.7%) |
| Studio | $3,350 | $2,200 | +$1,150 (+52.3%) |
| 1BR | $3,648 | $2,299 | +$1,349 (+58.7%) |
| 1BR | $4,450 | $2,299 | +$2,151 (+93.5%) |
| 1BR | $5,195 | $2,299 | +$2,896 (+126.0%) |
| 2BR | $4,995 | $2,650 | +$2,345 (+88.5%) |
| 2BR | $4,590 | $2,650 | +$1,940 (+73.2%) |
| 2BR | $6,545 | $2,650 | +$3,895 (+147.0%) |
| 3BR | $7,695 | $3,200 | +$4,495 (+140.5%) |
| 3BR | $4,973 | $3,200 | +$1,773 (+55.4%) |
| 3BR | $7,695 | $3,200 | +$4,495 (+140.5%) |
| 4BR | $8,350 | $3,995 | +$4,355 (+109.0%) |
| 4BR | $19,500 | $3,995 | +$15,505 (+388.1%) |
| 4BR | $6,900 | $3,995 | +$2,905 (+72.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.