Monthly Rent Report
Midtown East Rent Report — November 2023
Asking rents in ZIP 10022, New York City, from 576 listings.
Median 1BR rent in Midtown East was $4,675 in November 2023, down 9.4% (−$485) from October 2023 and down 16.5% year-over-year. The middle half of 1BR listings asked between $4,388 and $4,963. That puts Midtown East $2,275 above the New York City citywide 1BR median of $2,400. The month's figures are based on 576 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | −$97 (-3.1%) | −$1,500 (-33.3%) | $2,595 – $3,510 | 109 |
| Studio | $3,200 | +$103 (+3.3%) | −$1,300 (-28.9%) | $3,200 – $3,200 | 5 |
| Studio | $4,165 | +$1,068 (+34.5%) | −$335 (-7.4%) | $4,165 – $4,165 | 1 |
| 1BR | $4,675 | −$485 (-9.4%) | −$924 (-16.5%) | $4,388 – $4,963 | 2 |
| 1BR | $4,250 | −$910 (-17.6%) | −$1,349 (-24.1%) | $3,621 – $4,976 | 188 |
| 1BR | $4,829 | −$331 (-6.4%) | −$770 (-13.8%) | $4,829 – $4,829 | 1 |
| 2BR | $3,025 | −$3,025 (-50.0%) | −$4,125 (-57.7%) | $3,025 – $6,399 | 5 |
| 2BR | $6,295 | +$245 (+4.0%) | −$855 (-12.0%) | $4,900 – $9,500 | 181 |
| 2BR | $7,200 | +$1,150 (+19.0%) | +$50 (+0.7%) | $6,499 – $7,275 | 4 |
| 3BR | $8,500 | +$1,500 (+21.4%) | −$1,000 (-10.5%) | $6,391 – $12,000 | 44 |
| 3BR | $6,693 | −$307 (-4.4%) | −$2,807 (-29.6%) | $6,444 – $6,941 | 2 |
| 3BR | $9,950 | +$2,950 (+42.1%) | +$450 (+4.7%) | $4,995 – $9,971 | 13 |
| 4BR | $5,275 | −$3,225 (-37.9%) | +$1,280 (+32.0%) | $5,135 – $7,625 | 7 |
| 4BR | $6,823 | −$1,677 (-19.7%) | +$2,828 (+70.8%) | $6,786 – $6,859 | 2 |
| 4BR | $8,500 | $0 (0.0%) | +$4,505 (+112.8%) | $8,500 – $17,113 | 10 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — November 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,000 | $2,395 | +$605 (+25.3%) |
| Studio | $3,200 | $2,395 | +$805 (+33.6%) |
| Studio | $4,165 | $2,395 | +$1,770 (+73.9%) |
| 1BR | $4,675 | $2,400 | +$2,275 (+94.8%) |
| 1BR | $4,250 | $2,400 | +$1,850 (+77.1%) |
| 1BR | $4,829 | $2,400 | +$2,429 (+101.2%) |
| 2BR | $3,025 | $2,798 | +$228 (+8.1%) |
| 2BR | $6,295 | $2,798 | +$3,498 (+125.0%) |
| 2BR | $7,200 | $2,798 | +$4,403 (+157.4%) |
| 3BR | $8,500 | $3,300 | +$5,200 (+157.6%) |
| 3BR | $6,693 | $3,300 | +$3,393 (+102.8%) |
| 3BR | $9,950 | $3,300 | +$6,650 (+201.5%) |
| 4BR | $5,275 | $4,199 | +$1,076 (+25.6%) |
| 4BR | $6,823 | $4,199 | +$2,624 (+62.5%) |
| 4BR | $8,500 | $4,199 | +$4,301 (+102.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.