Monthly Rent Report
Midtown East Rent Report — June 2023
Asking rents in ZIP 10022, New York City, from 388 listings.
Median 1BR rent in Midtown East was $4,855 in June 2023, up 8.0% (+$360) from May 2023 and down 6.6% year-over-year. The middle half of 1BR listings asked between $4,827 and $4,882. That puts Midtown East $2,367 above the New York City citywide 1BR median of $2,488. The month's figures are based on 388 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,042 | +$492 (+13.9%) | +$847 (+26.5%) | $4,042 – $4,042 | 1 |
| Studio | $3,300 | −$250 (-7.0%) | +$105 (+3.3%) | $2,806 – $3,650 | 58 |
| Studio | $3,959 | +$409 (+11.5%) | +$764 (+23.9%) | $3,959 – $3,959 | 1 |
| 1BR | $4,855 | +$360 (+8.0%) | −$343 (-6.6%) | $4,827 – $4,882 | 2 |
| 1BR | $4,595 | +$100 (+2.2%) | −$602 (-11.6%) | $3,995 – $5,320 | 153 |
| 1BR | $6,390 | +$1,895 (+42.1%) | +$1,192 (+22.9%) | $6,389 – $6,390 | 2 |
| 2BR | $7,787 | +$572 (+7.9%) | −$1,113 (-12.5%) | $7,545 – $8,028 | 2 |
| 2BR | $8,898 | +$1,683 (+23.3%) | −$2 (-0.0%) | $8,736 – $9,059 | 2 |
| 2BR | $7,918 | +$703 (+9.7%) | −$982 (-11.0%) | $6,163 – $10,375 | 102 |
| 3BR | $9,245 | +$945 (+11.4%) | +$1,495 (+19.3%) | $6,000 – $12,500 | 52 |
| 3BR | $7,189 | −$1,111 (-13.4%) | −$561 (-7.2%) | $7,189 – $7,189 | 1 |
| 3BR | $11,374 | +$3,074 (+37.0%) | +$3,624 (+46.8%) | $10,673 – $12,076 | 2 |
| 4BR | $12,000 | +$7,705 (+179.4%) | +$9,105 (+314.5%) | $12,000 – $12,000 | 2 |
| 4BR | $11,375 | +$7,080 (+164.8%) | +$8,480 (+292.9%) | $9,371 – $12,000 | 8 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — June 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,042 | $2,500 | +$1,542 (+61.7%) |
| Studio | $3,300 | $2,500 | +$800 (+32.0%) |
| Studio | $3,959 | $2,500 | +$1,459 (+58.4%) |
| 1BR | $4,855 | $2,488 | +$2,367 (+95.2%) |
| 1BR | $4,595 | $2,488 | +$2,108 (+84.7%) |
| 1BR | $6,390 | $2,488 | +$3,902 (+156.9%) |
| 2BR | $7,787 | $2,828 | +$4,958 (+175.3%) |
| 2BR | $8,898 | $2,828 | +$6,069 (+214.6%) |
| 2BR | $7,918 | $2,828 | +$5,089 (+179.9%) |
| 3BR | $9,245 | $3,300 | +$5,945 (+180.2%) |
| 3BR | $7,189 | $3,300 | +$3,889 (+117.8%) |
| 3BR | $11,374 | $3,300 | +$8,074 (+244.7%) |
| 4BR | $12,000 | $4,200 | +$7,800 (+185.7%) |
| 4BR | $11,375 | $4,200 | +$7,175 (+170.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.