Monthly Rent Report

Midtown East Rent Report — January 2024

Asking rents in ZIP 10017, New York City, from 88 listings.

Median 1BR rent in Midtown East was $4,000 in January 2024, flat versus December 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $3,750 and $4,250. That puts Midtown East $1,650 above the New York City citywide 1BR median of $2,350. The month's figures are based on 88 listings across 15 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2023Vs. January 2023P25–P75 RangeListings
Studio$2,700−$150 (-5.3%)−$200 (-6.9%)$2,375 – $3,1346
Studio$2,798−$52 (-1.8%)−$102 (-3.5%)$2,425 – $3,06310
Studio$4,575+$1,725 (+60.5%)+$1,675 (+57.8%)$4,575 – $4,5751
1BR$4,000$0 (0.0%)$0 (0.0%)$3,750 – $4,25013
1BR$6,350+$2,350 (+58.8%)+$2,350 (+58.8%)$6,345 – $7,1505
1BR$4,500+$500 (+12.5%)+$500 (+12.5%)$3,950 – $5,49517
2BR$5,913+$238 (+4.2%)+$918 (+18.4%)$5,213 – $6,7814
2BR$5,165−$510 (-9.0%)+$170 (+3.4%)$4,908 – $5,4232
2BR$4,500−$1,175 (-20.7%)−$495 (-9.9%)$4,500 – $6,47011
3BR$9,235+$2,165 (+30.6%)+$2,035 (+28.3%)$8,381 – $10,1214
3BR$13,750+$6,680 (+94.5%)+$6,550 (+91.0%)$13,750 – $13,7508
3BR$13,750+$6,680 (+94.5%)+$6,550 (+91.0%)$13,750 – $13,7502
4BR$4,700−$9,800 (-67.6%)−$2,995 (-38.9%)$4,700 – $4,7001

Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.

Midtown East vs. New York CityJanuary 2024

BedroomsMidtown East MedianNYC Citywide MedianDifference
Studio$2,700$2,338+$363 (+15.5%)
Studio$2,798$2,338+$460 (+19.7%)
Studio$4,575$2,338+$2,238 (+95.7%)
1BR$4,000$2,350+$1,650 (+70.2%)
1BR$6,350$2,350+$4,000 (+170.2%)
1BR$4,500$2,350+$2,150 (+91.5%)
2BR$5,913$2,885+$3,028 (+104.9%)
2BR$5,165$2,885+$2,280 (+79.0%)
2BR$4,500$2,885+$1,615 (+56.0%)
3BR$9,235$3,443+$5,792 (+168.2%)
3BR$13,750$3,443+$10,307 (+299.3%)
3BR$13,750$3,443+$10,307 (+299.3%)
4BR$4,700$4,000+$700 (+17.5%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.

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