Monthly Rent Report
Midtown East Rent Report — July 2024
Asking rents in ZIP 10017, New York City, from 153 listings.
Median 1BR rent in Midtown East was $4,548 in July 2024, up 9.6% (+$398) from June 2024 and up 13.7% year-over-year. The middle half of 1BR listings asked between $3,775 and $5,022. That puts Midtown East $2,048 above the New York City citywide 1BR median of $2,500. The month's figures are based on 153 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,695 | +$2,470 (+76.6%) | +$2,395 (+72.6%) | $5,695 – $5,695 | 1 |
| Studio | $3,225 | $0 (0.0%) | −$75 (-2.3%) | $2,699 – $3,325 | 28 |
| Studio | $3,400 | +$175 (+5.4%) | +$100 (+3.0%) | $3,150 – $3,500 | 17 |
| 1BR | $4,548 | +$398 (+9.6%) | +$548 (+13.7%) | $3,775 – $5,022 | 24 |
| 1BR | $4,350 | +$200 (+4.8%) | +$350 (+8.8%) | $3,975 – $5,295 | 25 |
| 1BR | $7,113 | +$2,963 (+71.4%) | +$3,113 (+77.8%) | $7,019 – $7,206 | 2 |
| 2BR | $12,713 | +$6,183 (+94.7%) | +$5,518 (+76.7%) | $11,744 – $13,681 | 2 |
| 2BR | $6,050 | −$480 (-7.4%) | −$1,145 (-15.9%) | $5,248 – $7,048 | 19 |
| 2BR | $7,283 | +$753 (+11.5%) | +$88 (+1.2%) | $6,511 – $9,950 | 18 |
| 3BR | $7,500 | +$505 (+7.2%) | +$2,475 (+49.3%) | $7,500 – $7,500 | 1 |
| 3BR | $6,949 | −$46 (-0.7%) | +$1,924 (+38.3%) | $6,525 – $7,309 | 6 |
| 3BR | $8,950 | +$1,955 (+27.9%) | +$3,925 (+78.1%) | $7,400 – $9,250 | 5 |
| 4BR | $9,500 | +$1,005 (+11.8%) | −$5,000 (-34.5%) | $9,500 – $9,500 | 1 |
| 4BR | $8,495 | $0 (0.0%) | −$6,005 (-41.4%) | $8,495 – $8,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — July 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,695 | $2,800 | +$2,895 (+103.4%) |
| Studio | $3,225 | $2,800 | +$425 (+15.2%) |
| Studio | $3,400 | $2,800 | +$600 (+21.4%) |
| 1BR | $4,548 | $2,500 | +$2,048 (+81.9%) |
| 1BR | $4,350 | $2,500 | +$1,850 (+74.0%) |
| 1BR | $7,113 | $2,500 | +$4,613 (+184.5%) |
| 2BR | $12,713 | $3,000 | +$9,713 (+323.8%) |
| 2BR | $6,050 | $3,000 | +$3,050 (+101.7%) |
| 2BR | $7,283 | $3,000 | +$4,283 (+142.8%) |
| 3BR | $7,500 | $3,606 | +$3,894 (+108.0%) |
| 3BR | $6,949 | $3,606 | +$3,343 (+92.7%) |
| 3BR | $8,950 | $3,606 | +$5,344 (+148.2%) |
| 4BR | $9,500 | $4,500 | +$5,000 (+111.1%) |
| 4BR | $8,495 | $4,500 | +$3,995 (+88.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.