Monthly Rent Report
Midtown East Rent Report — November 2023
Asking rents in ZIP 10017, New York City, from 332 listings.
Median 1BR rent in Midtown East was $4,495 in November 2023, up 12.9% (+$515) from October 2023 and up 16.1% year-over-year. The middle half of 1BR listings asked between $4,495 and $4,495. That puts Midtown East $2,095 above the New York City citywide 1BR median of $2,400. The month's figures are based on 332 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | −$100 (-3.0%) | −$50 (-1.5%) | $3,200 – $3,200 | 1 |
| Studio | $3,200 | −$100 (-3.0%) | −$50 (-1.5%) | $2,650 – $3,456 | 69 |
| Studio | $2,798 | −$502 (-15.2%) | −$452 (-13.9%) | $2,546 – $3,049 | 2 |
| 1BR | $4,495 | +$515 (+12.9%) | +$623 (+16.1%) | $4,495 – $4,495 | 1 |
| 1BR | $3,800 | −$180 (-4.5%) | −$72 (-1.9%) | $3,800 – $3,800 | 1 |
| 1BR | $3,875 | −$105 (-2.6%) | +$3 (+0.1%) | $3,495 – $4,700 | 121 |
| 2BR | $5,900 | +$1,705 (+40.6%) | −$97 (-1.6%) | $4,500 – $6,087 | 12 |
| 2BR | $4,965 | +$770 (+18.4%) | −$1,032 (-17.2%) | $4,965 – $4,965 | 1 |
| 2BR | $5,995 | +$1,800 (+42.9%) | −$2 (-0.0%) | $4,588 – $7,700 | 78 |
| 3BR | $6,500 | −$640 (-9.0%) | −$3,250 (-33.3%) | $6,500 – $6,500 | 1 |
| 3BR | $6,598 | −$542 (-7.6%) | −$3,152 (-32.3%) | $6,250 – $6,770 | 4 |
| 3BR | $6,413 | −$727 (-10.2%) | −$3,337 (-34.2%) | $5,900 – $8,815 | 34 |
| 4BR | $12,075 | +$4,335 (+56.0%) | −$3,425 (-22.1%) | $8,038 – $14,500 | 6 |
| 4BR | $4,700 | −$3,040 (-39.3%) | −$10,800 (-69.7%) | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — November 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,395 | +$805 (+33.6%) |
| Studio | $3,200 | $2,395 | +$805 (+33.6%) |
| Studio | $2,798 | $2,395 | +$403 (+16.8%) |
| 1BR | $4,495 | $2,400 | +$2,095 (+87.3%) |
| 1BR | $3,800 | $2,400 | +$1,400 (+58.3%) |
| 1BR | $3,875 | $2,400 | +$1,475 (+61.5%) |
| 2BR | $5,900 | $2,798 | +$3,103 (+110.9%) |
| 2BR | $4,965 | $2,798 | +$2,168 (+77.5%) |
| 2BR | $5,995 | $2,798 | +$3,198 (+114.3%) |
| 3BR | $6,500 | $3,300 | +$3,200 (+97.0%) |
| 3BR | $6,598 | $3,300 | +$3,298 (+99.9%) |
| 3BR | $6,413 | $3,300 | +$3,113 (+94.3%) |
| 4BR | $12,075 | $4,199 | +$7,876 (+187.6%) |
| 4BR | $4,700 | $4,199 | +$501 (+11.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.