Monthly Rent Report
Midtown East Rent Report — March 2024
Asking rents in ZIP 10017, New York City, from 161 listings.
Median 1BR rent in Midtown East was $4,500 in March 2024, up 1.7% (+$75) from February 2024 and up 1.1% year-over-year. The middle half of 1BR listings asked between $3,700 and $4,766. That puts Midtown East $2,001 above the New York City citywide 1BR median of $2,499. The month's figures are based on 161 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | +$44 (+1.4%) | −$150 (-4.5%) | $3,100 – $3,609 | 40 |
| Studio | $4,725 | +$1,569 (+49.7%) | +$1,375 (+41.0%) | $4,725 – $4,725 | 1 |
| Studio | $2,995 | −$161 (-5.1%) | −$355 (-10.6%) | $2,525 – $3,300 | 7 |
| 1BR | $4,500 | +$75 (+1.7%) | +$51 (+1.1%) | $3,700 – $4,766 | 3 |
| 1BR | $4,918 | +$493 (+11.1%) | +$469 (+10.5%) | $4,918 – $4,918 | 1 |
| 1BR | $4,448 | +$23 (+0.5%) | −$2 (-0.0%) | $3,875 – $5,064 | 44 |
| 2BR | $5,298 | −$5,202 (-49.5%) | −$1,247 (-19.1%) | $4,346 – $6,249 | 4 |
| 2BR | $5,680 | −$4,820 (-45.9%) | −$865 (-13.2%) | $5,680 – $5,680 | 1 |
| 2BR | $6,273 | −$4,227 (-40.3%) | −$272 (-4.2%) | $5,150 – $7,061 | 32 |
| 3BR | $8,695 | +$2,095 (+31.7%) | +$1,000 (+13.0%) | $7,350 – $10,748 | 7 |
| 3BR | $8,450 | +$1,850 (+28.0%) | +$755 (+9.8%) | $6,250 – $8,995 | 13 |
| 4BR | $7,735 | −$760 (-8.9%) | −$615 (-7.4%) | $7,355 – $8,115 | 2 |
| 4BR | $4,700 | −$3,795 (-44.7%) | −$3,650 (-43.7%) | $4,700 – $4,700 | 1 |
| 4BR | $11,900 | +$3,405 (+40.1%) | +$3,550 (+42.5%) | $9,263 – $12,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — March 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,450 | +$750 (+30.6%) |
| Studio | $4,725 | $2,450 | +$2,275 (+92.9%) |
| Studio | $2,995 | $2,450 | +$545 (+22.2%) |
| 1BR | $4,500 | $2,499 | +$2,001 (+80.1%) |
| 1BR | $4,918 | $2,499 | +$2,419 (+96.8%) |
| 1BR | $4,448 | $2,499 | +$1,949 (+78.0%) |
| 2BR | $5,298 | $2,995 | +$2,303 (+76.9%) |
| 2BR | $5,680 | $2,995 | +$2,686 (+89.7%) |
| 2BR | $6,273 | $2,995 | +$3,278 (+109.5%) |
| 3BR | $8,695 | $3,500 | +$5,195 (+148.4%) |
| 3BR | $8,450 | $3,500 | +$4,950 (+141.4%) |
| 4BR | $7,735 | $4,250 | +$3,486 (+82.0%) |
| 4BR | $4,700 | $4,250 | +$451 (+10.6%) |
| 4BR | $11,900 | $4,250 | +$7,651 (+180.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.