Monthly Rent Report
Midtown East Rent Report — April 2023
Asking rents in ZIP 10022, New York City, from 482 listings.
Median 1BR rent in Midtown East was $5,276 in April 2023, up 5.5% (+$276) from March 2023. The middle half of 1BR listings asked between $5,276 and $5,276. That puts Midtown East $2,904 above the New York City citywide 1BR median of $2,373. The month's figures are based on 482 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,400 | +$575 (+20.4%) | — | $2,809 – $3,684 | 62 |
| Studio | $4,109 | +$1,284 (+45.5%) | — | $4,109 – $4,109 | 1 |
| Studio | $2,875 | +$50 (+1.8%) | — | $2,719 – $3,488 | 20 |
| 1BR | $5,276 | +$276 (+5.5%) | — | $5,276 – $5,276 | 1 |
| 1BR | $4,910 | −$90 (-1.8%) | — | $3,595 – $5,798 | 37 |
| 1BR | $4,500 | −$500 (-10.0%) | — | $3,795 – $5,395 | 122 |
| 2BR | $7,400 | −$491 (-6.2%) | — | $5,350 – $8,950 | 125 |
| 2BR | $7,892 | +$1 (+0.0%) | — | $7,397 – $7,913 | 3 |
| 2BR | $6,500 | −$1,391 (-17.6%) | — | $5,350 – $7,016 | 31 |
| 3BR | $11,815 | +$1,315 (+12.5%) | — | $7,724 – $12,000 | 14 |
| 3BR | $10,250 | −$250 (-2.4%) | — | $7,849 – $12,500 | 46 |
| 3BR | $11,538 | +$1,038 (+9.9%) | — | $9,130 – $11,641 | 3 |
| 4BR | $8,145 | +$245 (+3.1%) | — | $7,625 – $9,925 | 12 |
| 4BR | $8,498 | +$598 (+7.6%) | — | $7,995 – $9,000 | 4 |
| 4BR | $4,295 | −$3,605 (-45.6%) | — | $4,295 – $4,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — April 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,400 | $2,349 | +$1,051 (+44.7%) |
| Studio | $4,109 | $2,349 | +$1,760 (+74.9%) |
| Studio | $2,875 | $2,349 | +$526 (+22.4%) |
| 1BR | $5,276 | $2,373 | +$2,904 (+122.4%) |
| 1BR | $4,910 | $2,373 | +$2,538 (+107.0%) |
| 1BR | $4,500 | $2,373 | +$2,128 (+89.7%) |
| 2BR | $7,400 | $2,795 | +$4,605 (+164.8%) |
| 2BR | $7,892 | $2,795 | +$5,097 (+182.4%) |
| 2BR | $6,500 | $2,795 | +$3,705 (+132.6%) |
| 3BR | $11,815 | $3,200 | +$8,615 (+269.2%) |
| 3BR | $10,250 | $3,200 | +$7,050 (+220.3%) |
| 3BR | $11,538 | $3,200 | +$8,338 (+260.6%) |
| 4BR | $8,145 | $4,148 | +$3,998 (+96.4%) |
| 4BR | $8,498 | $4,148 | +$4,350 (+104.9%) |
| 4BR | $4,295 | $4,148 | +$148 (+3.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.