Monthly Rent Report
Midtown East Rent Report — August 2024
Asking rents in ZIP 10017, New York City, from 39 listings.
Median 1BR rent in Midtown East was $5,950 in August 2024, up 30.8% (+$1,403) from July 2024 and up 38.4% year-over-year. The middle half of 1BR listings asked between $5,875 and $6,663. That puts Midtown East $3,560 above the New York City citywide 1BR median of $2,390. The month's figures are based on 39 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,715 | +$1,490 (+46.2%) | +$1,515 (+47.3%) | $4,715 – $4,715 | 1 |
| 1BR | $5,950 | +$1,403 (+30.8%) | +$1,650 (+38.4%) | $5,875 – $6,663 | 3 |
| 2BR | $10,975 | +$3,692 (+50.7%) | +$4,480 (+69.0%) | $10,975 – $10,975 | 1 |
| 3BR | $7,049 | +$100 (+1.4%) | +$299 (+4.4%) | $6,200 – $7,998 | 30 |
| 4BR | $9,500 | +$1,005 (+11.8%) | −$4,000 (-29.6%) | $9,500 – $9,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — August 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,715 | $2,500 | +$2,215 (+88.6%) |
| 1BR | $5,950 | $2,390 | +$3,560 (+149.0%) |
| 2BR | $10,975 | $2,900 | +$8,075 (+278.5%) |
| 3BR | $7,049 | $3,603 | +$3,446 (+95.6%) |
| 4BR | $9,500 | $4,225 | +$5,275 (+124.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.