Monthly Rent Report
Midtown East Rent Report — December 2023
Asking rents in ZIP 10017, New York City, from 355 listings.
Median 1BR rent in Midtown East was $4,000 in December 2023, up 5.3% (+$200) from November 2023 and down 1.8% year-over-year. The middle half of 1BR listings asked between $3,500 and $5,023. That puts Midtown East $1,600 above the New York City citywide 1BR median of $2,400. The month's figures are based on 355 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,850 | −$350 (-10.9%) | −$300 (-9.5%) | $2,850 – $2,850 | 1 |
| Studio | $3,300 | +$100 (+3.1%) | +$150 (+4.8%) | $3,300 – $3,300 | 1 |
| Studio | $3,150 | −$50 (-1.6%) | $0 (0.0%) | $2,500 – $3,450 | 74 |
| 1BR | $4,000 | +$200 (+5.3%) | −$72 (-1.8%) | $3,500 – $5,023 | 151 |
| 1BR | $4,808 | +$1,008 (+26.5%) | +$735 (+18.0%) | $4,729 – $4,886 | 2 |
| 1BR | $3,850 | +$50 (+1.3%) | −$222 (-5.5%) | $3,250 – $4,200 | 21 |
| 2BR | $4,300 | −$1,600 (-27.1%) | +$150 (+3.6%) | $4,148 – $4,498 | 7 |
| 2BR | $5,675 | −$225 (-3.8%) | +$1,525 (+36.7%) | $4,699 – $6,813 | 68 |
| 2BR | $4,423 | −$1,477 (-25.0%) | +$273 (+6.6%) | $4,309 – $4,536 | 2 |
| 3BR | $7,070 | +$658 (+10.3%) | +$2,270 (+47.3%) | $5,813 – $8,290 | 22 |
| 3BR | $5,600 | −$812 (-12.7%) | +$800 (+16.7%) | $5,138 – $6,875 | 4 |
| 4BR | $14,500 | +$9,800 (+208.5%) | −$1,500 (-9.4%) | $14,500 – $14,500 | 1 |
| 4BR | $14,500 | +$9,800 (+208.5%) | −$1,500 (-9.4%) | $14,500 – $14,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — December 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,850 | $2,362 | +$488 (+20.7%) |
| Studio | $3,300 | $2,362 | +$938 (+39.7%) |
| Studio | $3,150 | $2,362 | +$788 (+33.4%) |
| 1BR | $4,000 | $2,400 | +$1,600 (+66.7%) |
| 1BR | $4,808 | $2,400 | +$2,408 (+100.3%) |
| 1BR | $3,850 | $2,400 | +$1,450 (+60.4%) |
| 2BR | $4,300 | $2,900 | +$1,400 (+48.3%) |
| 2BR | $5,675 | $2,900 | +$2,775 (+95.7%) |
| 2BR | $4,423 | $2,900 | +$1,523 (+52.5%) |
| 3BR | $7,070 | $3,500 | +$3,570 (+102.0%) |
| 3BR | $5,600 | $3,500 | +$2,100 (+60.0%) |
| 4BR | $14,500 | $4,070 | +$10,430 (+256.3%) |
| 4BR | $14,500 | $4,070 | +$10,430 (+256.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.