Monthly Rent Report
Midtown East Rent Report — July 2023
Asking rents in ZIP 10022, New York City, from 136 listings.
Median 1BR rent in Midtown East was $4,500 in July 2023, down 2.1% (−$95) from June 2023 and up 2.3% year-over-year. The middle half of 1BR listings asked between $3,900 and $4,850. That puts Midtown East $2,050 above the New York City citywide 1BR median of $2,450. The month's figures are based on 136 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,029 | +$729 (+22.1%) | +$1,032 (+34.4%) | $3,994 – $4,192 | 3 |
| Studio | $3,959 | +$659 (+20.0%) | +$962 (+32.1%) | $3,959 – $3,959 | 1 |
| Studio | $3,500 | +$200 (+6.1%) | +$503 (+16.8%) | $2,950 – $3,810 | 23 |
| 1BR | $4,500 | −$95 (-2.1%) | +$100 (+2.3%) | $3,900 – $4,850 | 29 |
| 1BR | $5,829 | +$1,234 (+26.8%) | +$1,429 (+32.5%) | $5,116 – $5,990 | 6 |
| 1BR | $5,108 | +$513 (+11.2%) | +$708 (+16.1%) | $5,009 – $5,207 | 2 |
| 2BR | $7,304 | −$482 (-6.2%) | −$243 (-3.2%) | $7,267 – $8,879 | 7 |
| 2BR | $9,277 | +$1,490 (+19.1%) | +$1,729 (+22.9%) | $7,823 – $11,336 | 4 |
| 2BR | $7,945 | +$159 (+2.0%) | +$398 (+5.3%) | $6,488 – $10,750 | 36 |
| 3BR | $9,750 | +$2,561 (+35.6%) | +$789 (+8.8%) | $5,163 – $14,234 | 12 |
| 3BR | $9,400 | +$2,211 (+30.7%) | +$438 (+4.9%) | $8,228 – $10,571 | 2 |
| 3BR | $11,937 | +$4,748 (+66.0%) | +$2,976 (+33.2%) | $9,971 – $12,547 | 5 |
| 4BR | $4,295 | −$7,080 (-62.2%) | −$10,555 (-71.1%) | $4,295 – $4,295 | 1 |
| 4BR | $6,600 | −$4,775 (-42.0%) | −$8,250 (-55.6%) | $6,600 – $6,600 | 1 |
| 4BR | $9,000 | −$2,375 (-20.9%) | −$5,850 (-39.4%) | $8,900 – $9,618 | 4 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — July 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,029 | $2,498 | +$1,532 (+61.3%) |
| Studio | $3,959 | $2,498 | +$1,462 (+58.5%) |
| Studio | $3,500 | $2,498 | +$1,003 (+40.1%) |
| 1BR | $4,500 | $2,450 | +$2,050 (+83.7%) |
| 1BR | $5,829 | $2,450 | +$3,379 (+137.9%) |
| 1BR | $5,108 | $2,450 | +$2,658 (+108.5%) |
| 2BR | $7,304 | $2,800 | +$4,504 (+160.9%) |
| 2BR | $9,277 | $2,800 | +$6,477 (+231.3%) |
| 2BR | $7,945 | $2,800 | +$5,145 (+183.8%) |
| 3BR | $9,750 | $3,400 | +$6,350 (+186.8%) |
| 3BR | $9,400 | $3,400 | +$6,000 (+176.5%) |
| 3BR | $11,937 | $3,400 | +$8,537 (+251.1%) |
| 4BR | $4,295 | $4,200 | +$95 (+2.3%) |
| 4BR | $6,600 | $4,200 | +$2,400 (+57.1%) |
| 4BR | $9,000 | $4,200 | +$4,800 (+114.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.