Monthly Rent Report

Midtown East Rent Report — June 2024

Asking rents in ZIP 10017, New York City, from 419 listings.

Median 1BR rent in Midtown East was $6,900 in June 2024, up 51.1% (+$2,333) from May 2024 and up 53.3% year-over-year. The middle half of 1BR listings asked between $6,738 and $7,313. That puts Midtown East $4,450 above the New York City citywide 1BR median of $2,450. The month's figures are based on 419 listings across 17 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2024Vs. June 2023P25–P75 RangeListings
Studio$3,300+$125 (+3.9%)$0 (0.0%)$2,900 – $3,52567
Studio$4,950+$1,775 (+55.9%)+$1,650 (+50.0%)$4,950 – $4,9501
Studio$3,225+$50 (+1.6%)−$75 (-2.3%)$2,825 – $3,51342
1BR$6,900+$2,333 (+51.1%)+$2,400 (+53.3%)$6,738 – $7,3134
1BR$5,000+$433 (+9.5%)+$500 (+11.1%)$3,875 – $5,741107
1BR$4,150−$417 (-9.1%)−$350 (-7.8%)$3,600 – $4,60045
2BR$6,530+$1,280 (+24.4%)−$870 (-11.8%)$4,950 – $8,75078
2BR$11,200+$5,950 (+113.3%)+$3,800 (+51.4%)$11,200 – $11,2001
2BR$6,000+$750 (+14.3%)−$1,400 (-18.9%)$6,000 – $6,0002
3BR$7,200−$877 (-10.9%)+$400 (+5.9%)$6,800 – $9,12519
3BR$6,995−$1,082 (-13.4%)+$195 (+2.9%)$6,550 – $8,90027
3BR$7,049−$1,028 (-12.7%)+$249 (+3.7%)$6,500 – $7,65816
4BR$8,495$0 (0.0%)−$7,255 (-46.1%)$8,495 – $8,4951
4BR$11,900+$3,405 (+40.1%)−$3,850 (-24.4%)$10,550 – $11,9003
4BR$11,900+$3,405 (+40.1%)−$3,850 (-24.4%)$10,550 – $11,9003

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

Midtown East vs. New York CityJune 2024

BedroomsMidtown East MedianNYC Citywide MedianDifference
Studio$3,300$2,440+$860 (+35.2%)
Studio$4,950$2,440+$2,510 (+102.9%)
Studio$3,225$2,440+$785 (+32.2%)
1BR$6,900$2,450+$4,450 (+181.6%)
1BR$5,000$2,450+$2,550 (+104.1%)
1BR$4,150$2,450+$1,700 (+69.4%)
2BR$6,530$2,900+$3,630 (+125.2%)
2BR$11,200$2,900+$8,300 (+286.2%)
2BR$6,000$2,900+$3,100 (+106.9%)
3BR$7,200$3,600+$3,600 (+100.0%)
3BR$6,995$3,600+$3,395 (+94.3%)
3BR$7,049$3,600+$3,449 (+95.8%)
4BR$8,495$4,256+$4,239 (+99.6%)
4BR$11,900$4,256+$7,644 (+179.6%)
4BR$11,900$4,256+$7,644 (+179.6%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.

Advertisement