Monthly Rent Report

Midtown East Rent Report — February 2023

Asking rents in ZIP 10022, New York City, from 248 listings.

Median 1BR rent in Midtown East was $4,273 in February 2023, down 0.5% (−$22) from January 2023. The middle half of 1BR listings asked between $3,475 and $5,421. That puts Midtown East $2,073 above the New York City citywide 1BR median of $2,200. The month's figures are based on 248 listings across 14 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. Year AgoP25–P75 RangeListings
Studio$2,950−$50 (-1.7%)$2,599 – $3,69513
Studio$3,000$0 (0.0%)$3,000 – $3,0001
Studio$2,550−$450 (-15.0%)$2,300 – $2,80025
1BR$4,273−$22 (-0.5%)$3,475 – $5,42132
1BR$4,450+$155 (+3.6%)$2,996 – $5,99550
1BR$4,900+$605 (+14.1%)$4,900 – $4,9002
2BR$6,000−$995 (-14.2%)$4,350 – $8,31061
2BR$3,500−$3,495 (-50.0%)$3,500 – $3,5001
2BR$6,600−$395 (-5.6%)$4,349 – $8,20928
3BR$10,500−$747 (-6.6%)$5,600 – $13,01117
3BR$9,131−$2,117 (-18.8%)$8,946 – $9,3152
3BR$11,950+$703 (+6.2%)$9,625 – $13,85012
4BR$17,000+$8,100 (+91.0%)$17,000 – $17,0002
4BR$17,000+$8,100 (+91.0%)$17,000 – $17,0002

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Midtown East vs. New York CityFebruary 2023

BedroomsMidtown East MedianNYC Citywide MedianDifference
Studio$2,950$2,260+$690 (+30.5%)
Studio$3,000$2,260+$740 (+32.7%)
Studio$2,550$2,260+$290 (+12.8%)
1BR$4,273$2,200+$2,073 (+94.2%)
1BR$4,450$2,200+$2,251 (+102.3%)
1BR$4,900$2,200+$2,701 (+122.8%)
2BR$6,000$2,695+$3,305 (+122.6%)
2BR$3,500$2,695+$805 (+29.9%)
2BR$6,600$2,695+$3,905 (+144.9%)
3BR$10,500$3,200+$7,300 (+228.1%)
3BR$9,131$3,200+$5,931 (+185.3%)
3BR$11,950$3,200+$8,750 (+273.4%)
4BR$17,000$3,800+$13,200 (+347.4%)
4BR$17,000$3,800+$13,200 (+347.4%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.

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