Monthly Rent Report
Midtown East Rent Report — August 2023
Asking rents in ZIP 10017, New York City, from 356 listings.
Median 1BR rent in Midtown East was $4,600 in August 2023, up 18.1% (+$705) from July 2023 and down 23.0% year-over-year. The middle half of 1BR listings asked between $4,550 and $4,650. That puts Midtown East $2,250 above the New York City citywide 1BR median of $2,350. The month's figures are based on 356 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | −$100 (-3.0%) | +$950 (+42.2%) | $2,650 – $3,499 | 74 |
| Studio | $2,445 | −$855 (-25.9%) | +$195 (+8.7%) | $2,384 – $2,609 | 4 |
| Studio | $3,500 | +$200 (+6.1%) | +$1,250 (+55.6%) | $3,500 – $3,500 | 1 |
| 1BR | $4,600 | +$705 (+18.1%) | −$1,375 (-23.0%) | $4,550 – $4,650 | 3 |
| 1BR | $4,300 | +$405 (+10.4%) | −$1,675 (-28.0%) | $3,684 – $5,461 | 112 |
| 1BR | $3,950 | +$55 (+1.4%) | −$2,025 (-33.9%) | $3,850 – $4,400 | 3 |
| 2BR | $4,100 | −$885 (-17.8%) | −$5,700 (-58.2%) | $4,100 – $4,100 | 1 |
| 2BR | $6,495 | +$1,510 (+30.3%) | −$3,305 (-33.7%) | $4,750 – $7,995 | 85 |
| 2BR | $4,600 | −$385 (-7.7%) | −$5,200 (-53.1%) | $4,600 – $4,600 | 1 |
| 3BR | $7,298 | +$350 (+5.0%) | −$2,452 (-25.2%) | $6,750 – $9,866 | 30 |
| 3BR | $6,750 | −$197 (-2.8%) | −$3,000 (-30.8%) | $6,495 – $9,250 | 25 |
| 3BR | $9,748 | +$2,800 (+40.3%) | −$2 (-0.0%) | $8,371 – $11,124 | 2 |
| 4BR | $13,500 | −$1,000 (-6.9%) | −$3,245 (-19.4%) | $8,073 – $13,700 | 7 |
| 4BR | $7,900 | −$6,600 (-45.5%) | −$8,845 (-52.8%) | $7,475 – $8,134 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — August 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,490 | +$710 (+28.5%) |
| Studio | $2,445 | $2,490 | −$45 (-1.8%) |
| Studio | $3,500 | $2,490 | +$1,010 (+40.6%) |
| 1BR | $4,600 | $2,350 | +$2,250 (+95.7%) |
| 1BR | $4,300 | $2,350 | +$1,950 (+83.0%) |
| 1BR | $3,950 | $2,350 | +$1,600 (+68.1%) |
| 2BR | $4,100 | $2,859 | +$1,241 (+43.4%) |
| 2BR | $6,495 | $2,859 | +$3,636 (+127.2%) |
| 2BR | $4,600 | $2,859 | +$1,741 (+60.9%) |
| 3BR | $7,298 | $3,413 | +$3,885 (+113.8%) |
| 3BR | $6,750 | $3,413 | +$3,338 (+97.8%) |
| 3BR | $9,748 | $3,413 | +$6,335 (+185.6%) |
| 4BR | $13,500 | $4,200 | +$9,300 (+221.4%) |
| 4BR | $7,900 | $4,200 | +$3,700 (+88.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.