Monthly Rent Report

Midtown East Rent Report — August 2022

Asking rents in ZIP 10022, New York City, from 636 listings.

Median 1BR rent in Midtown East was $3,898 in August 2022, down 11.4% (−$502) from July 2022. The middle half of 1BR listings asked between $3,050 and $4,863. That puts Midtown East $1,548 above the New York City citywide 1BR median of $2,350. The month's figures are based on 636 listings across 14 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. Year AgoP25–P75 RangeListings
Studio$3,000+$3 (+0.1%)$2,595 – $3,50090
Studio$3,000+$3 (+0.1%)$2,638 – $3,38144
Studio$3,600+$603 (+20.1%)$2,872 – $4,23826
1BR$3,898−$502 (-11.4%)$3,050 – $4,863180
1BR$5,271+$871 (+19.8%)$3,363 – $6,25843
1BR$4,963+$563 (+12.8%)$4,963 – $4,9631
2BR$7,500−$47 (-0.6%)$6,150 – $9,950120
2BR$6,500−$1,047 (-13.9%)$6,500 – $6,5001
2BR$7,323−$224 (-3.0%)$6,498 – $8,36259
3BR$8,194−$3,556 (-30.3%)$5,499 – $11,92624
3BR$9,087−$2,663 (-22.7%)$9,087 – $9,0871
3BR$10,500−$1,250 (-10.6%)$6,648 – $13,00043
4BR$11,000+$8,105 (+280.0%)$11,000 – $12,9253
4BR$4,995+$2,100 (+72.5%)$4,995 – $4,9951

Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.

Midtown East vs. New York CityAugust 2022

BedroomsMidtown East MedianNYC Citywide MedianDifference
Studio$3,000$2,300+$700 (+30.4%)
Studio$3,000$2,300+$700 (+30.4%)
Studio$3,600$2,300+$1,300 (+56.5%)
1BR$3,898$2,350+$1,548 (+65.9%)
1BR$5,271$2,350+$2,921 (+124.3%)
1BR$4,963$2,350+$2,613 (+111.2%)
2BR$7,500$2,800+$4,700 (+167.9%)
2BR$6,500$2,800+$3,700 (+132.1%)
2BR$7,323$2,800+$4,523 (+161.5%)
3BR$8,194$3,350+$4,844 (+144.6%)
3BR$9,087$3,350+$5,737 (+171.3%)
3BR$10,500$3,350+$7,150 (+213.4%)
4BR$11,000$4,224+$6,776 (+160.4%)
4BR$4,995$4,224+$771 (+18.3%)

Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.

Advertisement