Monthly Rent Report
Midtown East Rent Report — October 2024
Asking rents in ZIP 10017, New York City, from 24 listings.
Median 1BR rent in Midtown East was $3,800 in October 2024, down 34.9% (−$2,037) from September 2024 and down 16.9% year-over-year. The middle half of 1BR listings asked between $3,800 and $3,800. That puts Midtown East $1,494 above the New York City citywide 1BR median of $2,306. The month's figures are based on 24 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | −$2,702 (-51.5%) | −$675 (-20.9%) | $2,550 – $2,550 | 3 |
| Studio | $3,450 | −$1,802 (-34.3%) | +$225 (+7.0%) | $3,284 – $3,513 | 4 |
| Studio | $4,565 | −$687 (-13.1%) | +$1,340 (+41.6%) | $4,565 – $4,565 | 1 |
| 1BR | $3,800 | −$2,037 (-34.9%) | −$775 (-16.9%) | $3,800 – $3,800 | 1 |
| 1BR | $2,000 | −$3,837 (-65.7%) | −$2,575 (-56.3%) | $2,000 – $2,000 | 1 |
| 2BR | $4,700 | −$1,995 (-29.8%) | −$1,500 (-24.2%) | $4,700 – $4,700 | 1 |
| 2BR | $6,100 | −$595 (-8.9%) | −$100 (-1.6%) | $5,463 – $6,324 | 4 |
| 3BR | $12,000 | +$4,695 (+64.3%) | +$4,705 (+64.5%) | $12,000 – $12,000 | 3 |
| 3BR | $6,737 | −$568 (-7.8%) | −$558 (-7.6%) | $6,244 – $9,369 | 3 |
| 3BR | $7,250 | −$55 (-0.8%) | −$45 (-0.6%) | $7,150 – $7,350 | 2 |
| 4BR | $6,995 | +$95 (+1.4%) | −$745 (-9.6%) | $6,995 – $6,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — October 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $2,550 | $0 (0.0%) |
| Studio | $3,450 | $2,550 | +$900 (+35.3%) |
| Studio | $4,565 | $2,550 | +$2,015 (+79.0%) |
| 1BR | $3,800 | $2,306 | +$1,494 (+64.8%) |
| 1BR | $2,000 | $2,306 | −$306 (-13.3%) |
| 2BR | $4,700 | $2,914 | +$1,787 (+61.3%) |
| 2BR | $6,100 | $2,914 | +$3,187 (+109.4%) |
| 3BR | $12,000 | $3,519 | +$8,481 (+241.0%) |
| 3BR | $6,737 | $3,519 | +$3,218 (+91.4%) |
| 3BR | $7,250 | $3,519 | +$3,731 (+106.0%) |
| 4BR | $6,995 | $4,100 | +$2,895 (+70.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.