Monthly Rent Report
Midtown East Rent Report — September 2024
Asking rents in ZIP 10017, New York City, from 40 listings.
Median 1BR rent in Midtown East was $5,838 in September 2024, down 1.9% (−$112) from August 2024 and up 25.3% year-over-year. The middle half of 1BR listings asked between $4,763 and $6,950. That puts Midtown East $3,445 above the New York City citywide 1BR median of $2,393. The month's figures are based on 40 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,253 | +$538 (+11.4%) | +$678 (+14.8%) | $4,951 – $5,554 | 2 |
| 1BR | $5,838 | −$112 (-1.9%) | +$1,180 (+25.3%) | $4,763 – $6,950 | 6 |
| 2BR | $6,499 | −$4,476 (-40.8%) | +$1,199 (+22.6%) | $6,499 – $6,499 | 1 |
| 2BR | $6,695 | −$4,280 (-39.0%) | +$1,395 (+26.3%) | $6,695 – $6,695 | 1 |
| 3BR | $7,305 | +$256 (+3.6%) | +$1,455 (+24.9%) | $6,525 – $9,755 | 26 |
| 4BR | $6,900 | −$2,600 (-27.4%) | −$50 (-0.7%) | $6,875 – $6,925 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — September 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,253 | $2,369 | +$2,884 (+121.7%) |
| 1BR | $5,838 | $2,393 | +$3,445 (+143.9%) |
| 2BR | $6,499 | $2,900 | +$3,599 (+124.1%) |
| 2BR | $6,695 | $2,900 | +$3,795 (+130.9%) |
| 3BR | $7,305 | $3,598 | +$3,708 (+103.1%) |
| 4BR | $6,900 | $4,295 | +$2,605 (+60.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.