Monthly Rent Report
Midtown East Rent Report — February 2024
Asking rents in ZIP 10017, New York City, from 312 listings.
Median 1BR rent in Midtown East was $3,498 in February 2024, down 12.6% (−$502) from January 2024 and down 16.7% year-over-year. The middle half of 1BR listings asked between $3,288 and $4,100. That puts Midtown East $1,048 above the New York City citywide 1BR median of $2,450. The month's figures are based on 312 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,999 | +$202 (+7.2%) | +$199 (+7.1%) | $2,385 – $3,200 | 9 |
| Studio | $3,200 | +$403 (+14.4%) | +$400 (+14.3%) | $2,800 – $3,300 | 77 |
| Studio | $3,156 | +$358 (+12.8%) | +$356 (+12.7%) | $3,084 – $3,228 | 2 |
| 1BR | $3,498 | −$502 (-12.6%) | −$702 (-16.7%) | $3,288 – $4,100 | 12 |
| 1BR | $4,048 | +$48 (+1.2%) | −$152 (-3.6%) | $3,575 – $7,190 | 4 |
| 1BR | $4,425 | +$425 (+10.6%) | +$225 (+5.4%) | $3,766 – $4,949 | 98 |
| 2BR | $5,350 | −$562 (-9.5%) | +$155 (+3.0%) | $4,873 – $6,325 | 11 |
| 2BR | $10,500 | +$4,588 (+77.6%) | +$5,305 (+102.1%) | $10,500 – $10,500 | 1 |
| 2BR | $5,680 | −$232 (-3.9%) | +$485 (+9.3%) | $4,538 – $8,000 | 58 |
| 3BR | $6,600 | −$2,635 (-28.5%) | −$1,095 (-14.2%) | $6,200 – $7,000 | 2 |
| 3BR | $7,400 | −$1,835 (-19.9%) | −$295 (-3.8%) | $6,350 – $12,000 | 13 |
| 3BR | $7,400 | −$1,835 (-19.9%) | −$295 (-3.8%) | $6,300 – $12,000 | 15 |
| 4BR | $6,975 | +$2,275 (+48.4%) | −$8,775 (-55.7%) | $6,975 – $6,975 | 2 |
| 4BR | $6,975 | +$2,275 (+48.4%) | −$8,775 (-55.7%) | $6,975 – $7,735 | 3 |
| 4BR | $8,495 | +$3,795 (+80.7%) | −$7,255 (-46.1%) | $8,495 – $8,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — February 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,999 | $2,359 | +$640 (+27.1%) |
| Studio | $3,200 | $2,359 | +$841 (+35.7%) |
| Studio | $3,156 | $2,359 | +$797 (+33.8%) |
| 1BR | $3,498 | $2,450 | +$1,048 (+42.8%) |
| 1BR | $4,048 | $2,450 | +$1,598 (+65.2%) |
| 1BR | $4,425 | $2,450 | +$1,975 (+80.6%) |
| 2BR | $5,350 | $2,979 | +$2,371 (+79.6%) |
| 2BR | $10,500 | $2,979 | +$7,521 (+252.5%) |
| 2BR | $5,680 | $2,979 | +$2,701 (+90.7%) |
| 3BR | $6,600 | $3,500 | +$3,100 (+88.6%) |
| 3BR | $7,400 | $3,500 | +$3,900 (+111.4%) |
| 3BR | $7,400 | $3,500 | +$3,900 (+111.4%) |
| 4BR | $6,975 | $4,148 | +$2,828 (+68.2%) |
| 4BR | $6,975 | $4,148 | +$2,828 (+68.2%) |
| 4BR | $8,495 | $4,148 | +$4,348 (+104.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.