Monthly Rent Report
Midtown East Rent Report — April 2024
Asking rents in ZIP 10017, New York City, from 247 listings.
Median 1BR rent in Midtown East was $3,950 in April 2024, down 11.2% (−$497) from March 2024 and down 8.1% year-over-year. The middle half of 1BR listings asked between $3,500 and $4,025. That puts Midtown East $1,450 above the New York City citywide 1BR median of $2,500. The month's figures are based on 247 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,013 | +$288 (+6.1%) | +$1,813 (+56.6%) | $4,914 – $5,110 | 4 |
| Studio | $3,200 | −$1,525 (-32.3%) | $0 (0.0%) | $2,900 – $3,400 | 55 |
| Studio | $2,950 | −$1,775 (-37.6%) | −$250 (-7.8%) | $2,775 – $3,100 | 12 |
| 1BR | $3,950 | −$497 (-11.2%) | −$350 (-8.1%) | $3,500 – $4,025 | 20 |
| 1BR | $4,100 | −$347 (-7.8%) | −$200 (-4.7%) | $4,100 – $4,100 | 1 |
| 1BR | $4,200 | −$247 (-5.6%) | −$100 (-2.3%) | $3,800 – $5,107 | 68 |
| 2BR | $3,850 | −$2,422 (-38.6%) | −$2,850 (-42.5%) | $3,525 – $4,175 | 2 |
| 2BR | $6,250 | −$22 (-0.4%) | −$450 (-6.7%) | $5,200 – $8,000 | 49 |
| 2BR | $5,670 | −$602 (-9.6%) | −$1,030 (-15.4%) | $5,670 – $5,670 | 1 |
| 3BR | $8,795 | +$345 (+4.1%) | +$1,206 (+15.9%) | $6,875 – $10,348 | 15 |
| 3BR | $8,745 | +$295 (+3.5%) | +$1,156 (+15.2%) | $5,913 – $10,869 | 10 |
| 3BR | $5,898 | −$2,552 (-30.2%) | −$1,691 (-22.3%) | $5,796 – $5,999 | 2 |
| 4BR | $10,698 | −$1,202 (-10.1%) | +$2,348 (+28.1%) | $8,028 – $12,900 | 4 |
| 4BR | $7,560 | −$4,340 (-36.5%) | −$790 (-9.5%) | $6,625 – $9,596 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — April 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,013 | $2,491 | +$2,522 (+101.2%) |
| Studio | $3,200 | $2,491 | +$709 (+28.5%) |
| Studio | $2,950 | $2,491 | +$459 (+18.4%) |
| 1BR | $3,950 | $2,500 | +$1,450 (+58.0%) |
| 1BR | $4,100 | $2,500 | +$1,600 (+64.0%) |
| 1BR | $4,200 | $2,500 | +$1,700 (+68.0%) |
| 2BR | $3,850 | $2,995 | +$855 (+28.5%) |
| 2BR | $6,250 | $2,995 | +$3,255 (+108.7%) |
| 2BR | $5,670 | $2,995 | +$2,675 (+89.3%) |
| 3BR | $8,795 | $3,500 | +$5,295 (+151.3%) |
| 3BR | $8,745 | $3,500 | +$5,245 (+149.9%) |
| 3BR | $5,898 | $3,500 | +$2,398 (+68.5%) |
| 4BR | $10,698 | $4,270 | +$6,428 (+150.5%) |
| 4BR | $7,560 | $4,270 | +$3,290 (+77.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.