Monthly Rent Report
Midtown East Rent Report — September 2023
Asking rents in ZIP 10022, New York City, from 55 listings.
Median 1BR rent in Midtown East was $5,306 in September 2023, up 14.7% (+$681) from August 2023 and up 10.4% year-over-year. The middle half of 1BR listings asked between $4,796 and $5,703. That puts Midtown East $2,806 above the New York City citywide 1BR median of $2,500. The month's figures are based on 55 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,266 | +$916 (+27.3%) | +$66 (+1.6%) | $4,266 – $4,266 | 1 |
| Studio | $3,500 | +$150 (+4.5%) | −$700 (-16.7%) | $3,000 – $3,650 | 5 |
| 1BR | $5,306 | +$681 (+14.7%) | +$500 (+10.4%) | $4,796 – $5,703 | 3 |
| 1BR | $3,950 | −$675 (-14.6%) | −$856 (-17.8%) | $3,950 – $3,950 | 5 |
| 1BR | $2,995 | −$1,630 (-35.2%) | −$1,811 (-37.7%) | $2,995 – $2,995 | 1 |
| 2BR | $5,996 | +$696 (+13.1%) | −$1,466 (-19.7%) | $5,500 – $8,000 | 21 |
| 2BR | $8,123 | +$2,823 (+53.3%) | +$661 (+8.9%) | $8,077 – $8,169 | 2 |
| 2BR | $5,699 | +$399 (+7.5%) | −$1,763 (-23.6%) | $5,699 – $5,699 | 1 |
| 3BR | $12,619 | +$1,148 (+10.0%) | +$5,772 (+84.3%) | $8,150 – $13,500 | 5 |
| 3BR | $5,295 | −$6,176 (-53.8%) | −$1,552 (-22.7%) | $5,195 – $5,395 | 2 |
| 3BR | $7,300 | −$4,172 (-36.4%) | +$452 (+6.6%) | $6,748 – $7,851 | 2 |
| 4BR | $6,895 | −$1,305 (-15.9%) | −$2,100 (-23.3%) | $6,895 – $6,895 | 1 |
| 4BR | $7,248 | −$952 (-11.6%) | −$1,747 (-19.4%) | $5,995 – $8,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — September 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,266 | $2,400 | +$1,866 (+77.8%) |
| Studio | $3,500 | $2,400 | +$1,100 (+45.8%) |
| 1BR | $5,306 | $2,500 | +$2,806 (+112.2%) |
| 1BR | $3,950 | $2,500 | +$1,450 (+58.0%) |
| 1BR | $2,995 | $2,500 | +$495 (+19.8%) |
| 2BR | $5,996 | $3,000 | +$2,996 (+99.9%) |
| 2BR | $8,123 | $3,000 | +$5,123 (+170.8%) |
| 2BR | $5,699 | $3,000 | +$2,699 (+90.0%) |
| 3BR | $12,619 | $3,500 | +$9,119 (+260.5%) |
| 3BR | $5,295 | $3,500 | +$1,795 (+51.3%) |
| 3BR | $7,300 | $3,500 | +$3,800 (+108.6%) |
| 4BR | $6,895 | $4,325 | +$2,570 (+59.4%) |
| 4BR | $7,248 | $4,325 | +$2,923 (+67.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.