Monthly Rent Report
Midtown East Rent Report — April 2023
Asking rents in ZIP 10017, New York City, from 242 listings.
Median 1BR rent in Midtown East was $4,300 in April 2023, down 17.2% (−$895) from March 2023 and down 30.1% year-over-year. The middle half of 1BR listings asked between $4,300 and $4,300. That puts Midtown East $1,928 above the New York City citywide 1BR median of $2,373. The month's figures are based on 242 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | +$105 (+3.4%) | −$550 (-14.7%) | $3,200 – $3,300 | 3 |
| Studio | $2,775 | −$320 (-10.3%) | −$975 (-26.0%) | $2,213 – $2,950 | 10 |
| Studio | $3,000 | −$95 (-3.1%) | −$750 (-20.0%) | $2,500 – $3,200 | 49 |
| 1BR | $4,300 | −$895 (-17.2%) | −$1,850 (-30.1%) | $4,300 – $4,300 | 3 |
| 1BR | $4,600 | −$595 (-11.5%) | −$1,550 (-25.2%) | $3,900 – $4,990 | 77 |
| 1BR | $3,995 | −$1,200 (-23.1%) | −$2,155 (-35.0%) | $3,625 – $4,150 | 15 |
| 2BR | $4,450 | −$2,095 (-32.0%) | −$5,700 (-56.2%) | $3,725 – $5,673 | 3 |
| 2BR | $9,350 | +$2,805 (+42.9%) | −$800 (-7.9%) | $9,300 – $9,400 | 2 |
| 2BR | $6,700 | +$155 (+2.4%) | −$3,450 (-34.0%) | $6,088 – $8,375 | 56 |
| 3BR | $8,940 | +$3,968 (+79.8%) | +$943 (+11.8%) | $8,183 – $10,103 | 20 |
| 3BR | $5,650 | +$678 (+13.6%) | −$2,347 (-29.4%) | $5,650 – $5,650 | 1 |
| 3BR | $7,589 | +$2,617 (+52.6%) | −$408 (-5.1%) | $7,589 – $7,589 | 1 |
| 4BR | $8,350 | $0 (0.0%) | +$455 (+5.8%) | $8,350 – $8,350 | 1 |
| 4BR | $8,350 | $0 (0.0%) | +$455 (+5.8%) | $8,350 – $8,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — April 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,349 | +$851 (+36.2%) |
| Studio | $2,775 | $2,349 | +$426 (+18.1%) |
| Studio | $3,000 | $2,349 | +$651 (+27.7%) |
| 1BR | $4,300 | $2,373 | +$1,928 (+81.2%) |
| 1BR | $4,600 | $2,373 | +$2,228 (+93.9%) |
| 1BR | $3,995 | $2,373 | +$1,623 (+68.4%) |
| 2BR | $4,450 | $2,795 | +$1,655 (+59.2%) |
| 2BR | $9,350 | $2,795 | +$6,555 (+234.5%) |
| 2BR | $6,700 | $2,795 | +$3,905 (+139.7%) |
| 3BR | $8,940 | $3,200 | +$5,740 (+179.4%) |
| 3BR | $5,650 | $3,200 | +$2,450 (+76.6%) |
| 3BR | $7,589 | $3,200 | +$4,389 (+137.2%) |
| 4BR | $8,350 | $4,148 | +$4,203 (+101.3%) |
| 4BR | $8,350 | $4,148 | +$4,203 (+101.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.