Monthly Rent Report
Midtown East Rent Report — March 2023
Asking rents in ZIP 10022, New York City, from 416 listings.
Median 1BR rent in Midtown East was $5,377 in March 2023, up 9.7% (+$477) from February 2023. The middle half of 1BR listings asked between $5,320 and $5,435. That puts Midtown East $3,078 above the New York City citywide 1BR median of $2,299. The month's figures are based on 416 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $6,605 | +$4,055 (+159.0%) | — | $6,605 – $6,605 | 1 |
| Studio | $2,995 | +$445 (+17.5%) | — | $2,400 – $3,650 | 37 |
| Studio | $2,825 | +$275 (+10.8%) | — | $2,500 – $3,500 | 40 |
| 1BR | $5,377 | +$477 (+9.7%) | — | $5,320 – $5,435 | 2 |
| 1BR | $5,000 | +$100 (+2.0%) | — | $3,550 – $5,959 | 49 |
| 1BR | $4,575 | −$325 (-6.6%) | — | $3,924 – $5,438 | 78 |
| 2BR | $6,605 | +$5 (+0.1%) | — | $4,273 – $8,775 | 83 |
| 2BR | $7,892 | +$1,292 (+19.6%) | — | $7,822 – $7,961 | 2 |
| 2BR | $6,381 | −$219 (-3.3%) | — | $4,300 – $7,934 | 60 |
| 3BR | $10,500 | −$1,450 (-12.1%) | — | $8,950 – $12,500 | 34 |
| 3BR | $12,441 | +$491 (+4.1%) | — | $8,341 – $12,777 | 19 |
| 3BR | $7,618 | −$4,332 (-36.3%) | — | $7,047 – $8,190 | 2 |
| 4BR | $4,295 | −$12,705 (-74.7%) | — | $4,295 – $4,295 | 1 |
| 4BR | $7,900 | −$9,100 (-53.5%) | — | $7,850 – $8,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — March 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $6,605 | $2,200 | +$4,405 (+200.2%) |
| Studio | $2,995 | $2,200 | +$795 (+36.1%) |
| Studio | $2,825 | $2,200 | +$625 (+28.4%) |
| 1BR | $5,377 | $2,299 | +$3,078 (+133.9%) |
| 1BR | $5,000 | $2,299 | +$2,701 (+117.5%) |
| 1BR | $4,575 | $2,299 | +$2,276 (+99.0%) |
| 2BR | $6,605 | $2,650 | +$3,955 (+149.2%) |
| 2BR | $7,892 | $2,650 | +$5,242 (+197.8%) |
| 2BR | $6,381 | $2,650 | +$3,731 (+140.8%) |
| 3BR | $10,500 | $3,200 | +$7,300 (+228.1%) |
| 3BR | $12,441 | $3,200 | +$9,241 (+288.8%) |
| 3BR | $7,618 | $3,200 | +$4,418 (+138.1%) |
| 4BR | $4,295 | $3,995 | +$300 (+7.5%) |
| 4BR | $7,900 | $3,995 | +$3,905 (+97.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.