Monthly Rent Report
Midtown East Rent Report — May 2025
Asking rents in ZIP 10017, New York City, from 110 listings.
Median 1BR rent in Midtown East was $4,700 in May 2025, down 5.1% (−$250) from April 2025 and up 2.9% year-over-year. The middle half of 1BR listings asked between $4,250 and $5,560. That puts Midtown East $1,859 above the New York City citywide 1BR median of $2,841. The month's figures are based on 110 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,650 | +$165 (+3.0%) | +$2,475 (+78.0%) | $5,650 – $5,650 | 1 |
| Studio | $3,350 | −$2,135 (-38.9%) | +$175 (+5.5%) | $3,209 – $3,500 | 26 |
| 1BR | $4,700 | −$250 (-5.1%) | +$133 (+2.9%) | $4,250 – $5,560 | 41 |
| 1BR | $7,725 | +$2,775 (+56.1%) | +$3,158 (+69.1%) | $7,725 – $7,725 | 1 |
| 2BR | $9,975 | +$2,425 (+32.1%) | +$4,725 (+90.0%) | $9,975 – $9,975 | 1 |
| 2BR | $6,485 | −$1,065 (-14.1%) | +$1,235 (+23.5%) | $5,050 – $8,100 | 27 |
| 3BR | $8,648 | +$838 (+10.7%) | +$571 (+7.1%) | $7,478 – $9,053 | 6 |
| 3BR | $8,100 | +$290 (+3.7%) | +$23 (+0.3%) | $6,638 – $13,238 | 6 |
| 4BR | $8,895 | +$195 (+2.2%) | +$400 (+4.7%) | $8,895 – $8,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — May 2025
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,650 | $2,799 | +$2,851 (+101.9%) |
| Studio | $3,350 | $2,799 | +$551 (+19.7%) |
| 1BR | $4,700 | $2,841 | +$1,859 (+65.4%) |
| 1BR | $7,725 | $2,841 | +$4,884 (+171.9%) |
| 2BR | $9,975 | $3,263 | +$6,713 (+205.7%) |
| 2BR | $6,485 | $3,263 | +$3,223 (+98.8%) |
| 3BR | $8,648 | $3,777 | +$4,871 (+129.0%) |
| 3BR | $8,100 | $3,777 | +$4,323 (+114.5%) |
| 4BR | $8,895 | $4,345 | +$4,550 (+104.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.