Monthly Rent Report
Midtown East Rent Report — October 2023
Asking rents in ZIP 10022, New York City, from 172 listings.
Median 1BR rent in Midtown East was $9,650 in October 2023, up 222.2% (+$6,655) from September 2023 and up 121.8% year-over-year. The middle half of 1BR listings asked between $9,650 and $9,650. That puts Midtown East $7,200 above the New York City citywide 1BR median of $2,450. The month's figures are based on 172 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,165 | +$665 (+19.0%) | +$1,215 (+41.2%) | $4,165 – $4,165 | 1 |
| Studio | $3,098 | −$402 (-11.5%) | +$148 (+5.0%) | $2,713 – $3,575 | 26 |
| Studio | $2,900 | −$600 (-17.1%) | −$50 (-1.7%) | $2,700 – $2,900 | 3 |
| 1BR | $9,650 | +$6,655 (+222.2%) | +$5,300 (+121.8%) | $9,650 – $9,650 | 5 |
| 1BR | $5,161 | +$2,166 (+72.3%) | +$811 (+18.6%) | $4,796 – $5,492 | 4 |
| 1BR | $4,175 | +$1,180 (+39.4%) | −$175 (-4.0%) | $3,631 – $5,075 | 46 |
| 2BR | $4,300 | −$1,696 (-28.3%) | −$697 (-14.0%) | $3,575 – $5,900 | 17 |
| 2BR | $7,594 | +$1,598 (+26.6%) | +$2,596 (+51.9%) | $6,896 – $7,738 | 6 |
| 2BR | $6,050 | +$54 (+0.9%) | +$1,053 (+21.1%) | $4,658 – $7,788 | 38 |
| 3BR | $7,189 | −$110 (-1.5%) | −$2,561 (-26.3%) | $7,189 – $7,189 | 1 |
| 3BR | $7,000 | −$299 (-4.1%) | −$2,750 (-28.2%) | $5,800 – $9,000 | 17 |
| 3BR | $11,000 | +$3,701 (+50.7%) | +$1,250 (+12.8%) | $11,000 – $11,000 | 1 |
| 4BR | $5,695 | −$1,552 (-21.4%) | +$1,200 (+26.7%) | $5,095 – $6,295 | 2 |
| 4BR | $8,500 | +$1,253 (+17.3%) | +$4,005 (+89.1%) | $8,400 – $8,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — October 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,165 | $2,411 | +$1,755 (+72.8%) |
| Studio | $3,098 | $2,411 | +$687 (+28.5%) |
| Studio | $2,900 | $2,411 | +$490 (+20.3%) |
| 1BR | $9,650 | $2,450 | +$7,200 (+293.9%) |
| 1BR | $5,161 | $2,450 | +$2,711 (+110.6%) |
| 1BR | $4,175 | $2,450 | +$1,725 (+70.4%) |
| 2BR | $4,300 | $2,900 | +$1,400 (+48.3%) |
| 2BR | $7,594 | $2,900 | +$4,694 (+161.8%) |
| 2BR | $6,050 | $2,900 | +$3,150 (+108.6%) |
| 3BR | $7,189 | $3,349 | +$3,840 (+114.7%) |
| 3BR | $7,000 | $3,349 | +$3,651 (+109.0%) |
| 3BR | $11,000 | $3,349 | +$7,651 (+228.5%) |
| 4BR | $5,695 | $4,200 | +$1,495 (+35.6%) |
| 4BR | $8,500 | $4,200 | +$4,300 (+102.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.