Monthly Rent Report
Midtown East Rent Report — November 2024
Asking rents in ZIP 10017, New York City, from 32 listings.
Median 1BR rent in Midtown East was $5,589 in November 2024, up 47.1% (+$1,789) from October 2024 and up 47.1% year-over-year. The middle half of 1BR listings asked between $5,332 and $5,589. That puts Midtown East $3,139 above the New York City citywide 1BR median of $2,450. The month's figures are based on 32 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$50 (+1.4%) | +$300 (+9.4%) | $3,500 – $3,500 | 1 |
| 1BR | $5,589 | +$1,789 (+47.1%) | +$1,789 (+47.1%) | $5,332 – $5,589 | 5 |
| 1BR | $5,900 | +$2,100 (+55.3%) | +$2,100 (+55.3%) | $5,900 – $5,900 | 1 |
| 2BR | $4,595 | −$105 (-2.2%) | −$1,400 (-23.4%) | $4,466 – $6,709 | 12 |
| 2BR | $2,850 | −$1,850 (-39.4%) | −$3,145 (-52.5%) | $2,850 – $2,850 | 1 |
| 3BR | $5,645 | −$1,605 (-22.1%) | −$952 (-14.4%) | $4,813 – $6,398 | 4 |
| 3BR | $5,645 | −$1,605 (-22.1%) | −$952 (-14.4%) | $4,813 – $6,398 | 4 |
| 4BR | $8,995 | +$2,000 (+28.6%) | +$4,295 (+91.4%) | $8,459 – $11,496 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — November 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,383 | +$1,117 (+46.9%) |
| 1BR | $5,589 | $2,450 | +$3,139 (+128.1%) |
| 1BR | $5,900 | $2,450 | +$3,450 (+140.8%) |
| 2BR | $4,595 | $2,950 | +$1,645 (+55.8%) |
| 2BR | $2,850 | $2,950 | −$100 (-3.4%) |
| 3BR | $5,645 | $3,600 | +$2,045 (+56.8%) |
| 3BR | $5,645 | $3,600 | +$2,045 (+56.8%) |
| 4BR | $8,995 | $4,375 | +$4,620 (+105.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.