Monthly Rent Report
Midtown East Rent Report — October 2023
Asking rents in ZIP 10017, New York City, from 116 listings.
Median 1BR rent in Midtown East was $3,980 in October 2023, up 7.6% (+$280) from September 2023 and up 2.1% year-over-year. The middle half of 1BR listings asked between $3,700 and $4,500. That puts Midtown East $1,530 above the New York City citywide 1BR median of $2,450. The month's figures are based on 116 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,450 | −$1,125 (-24.6%) | +$450 (+15.0%) | $3,100 – $3,453 | 7 |
| Studio | $3,300 | −$1,275 (-27.9%) | +$300 (+10.0%) | $3,300 – $3,325 | 4 |
| Studio | $3,225 | −$1,350 (-29.5%) | +$225 (+7.5%) | $2,524 – $3,444 | 14 |
| 1BR | $3,980 | +$280 (+7.6%) | +$80 (+2.1%) | $3,700 – $4,500 | 33 |
| 1BR | $4,480 | +$780 (+21.1%) | +$580 (+14.9%) | $4,238 – $4,723 | 2 |
| 1BR | $4,575 | +$875 (+23.6%) | +$675 (+17.3%) | $4,575 – $4,575 | 2 |
| 2BR | $4,195 | +$195 (+4.9%) | −$1,805 (-30.1%) | $4,095 – $4,945 | 3 |
| 2BR | $6,200 | +$2,200 (+55.0%) | +$200 (+3.3%) | $5,600 – $6,800 | 2 |
| 2BR | $4,500 | +$500 (+12.5%) | −$1,500 (-25.0%) | $4,395 – $5,845 | 19 |
| 3BR | $7,295 | −$6,455 (-46.9%) | +$1,300 (+21.7%) | $7,295 – $7,295 | 1 |
| 3BR | $7,140 | −$6,610 (-48.1%) | +$1,145 (+19.1%) | $6,523 – $8,181 | 12 |
| 3BR | $5,000 | −$8,750 (-63.6%) | −$995 (-16.6%) | $5,000 – $5,000 | 1 |
| 4BR | $14,500 | +$7,550 (+108.6%) | −$1,000 (-6.5%) | $14,500 – $14,500 | 3 |
| 4BR | $7,193 | +$243 (+3.5%) | −$8,307 (-53.6%) | $6,921 – $7,464 | 2 |
| 4BR | $7,740 | +$790 (+11.4%) | −$7,760 (-50.1%) | $7,735 – $9,650 | 11 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — October 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,450 | $2,411 | +$1,040 (+43.1%) |
| Studio | $3,300 | $2,411 | +$890 (+36.9%) |
| Studio | $3,225 | $2,411 | +$815 (+33.8%) |
| 1BR | $3,980 | $2,450 | +$1,530 (+62.4%) |
| 1BR | $4,480 | $2,450 | +$2,030 (+82.9%) |
| 1BR | $4,575 | $2,450 | +$2,125 (+86.7%) |
| 2BR | $4,195 | $2,900 | +$1,295 (+44.7%) |
| 2BR | $6,200 | $2,900 | +$3,300 (+113.8%) |
| 2BR | $4,500 | $2,900 | +$1,600 (+55.2%) |
| 3BR | $7,295 | $3,349 | +$3,946 (+117.8%) |
| 3BR | $7,140 | $3,349 | +$3,791 (+113.2%) |
| 3BR | $5,000 | $3,349 | +$1,651 (+49.3%) |
| 4BR | $14,500 | $4,200 | +$10,300 (+245.2%) |
| 4BR | $7,193 | $4,200 | +$2,993 (+71.3%) |
| 4BR | $7,740 | $4,200 | +$3,540 (+84.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.