Monthly Rent Report
Midtown East Rent Report — December 2023
Asking rents in ZIP 10022, New York City, from 528 listings.
Median 1BR rent in Midtown East was $4,216 in December 2023, down 0.8% (−$34) from November 2023 and down 6.3% year-over-year. The middle half of 1BR listings asked between $3,575 and $5,800. That puts Midtown East $1,816 above the New York City citywide 1BR median of $2,400. The month's figures are based on 528 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,270 | −$730 (-24.3%) | −$830 (-26.8%) | $2,270 – $2,850 | 7 |
| Studio | $4,087 | +$1,087 (+36.2%) | +$987 (+31.8%) | $4,087 – $4,087 | 1 |
| Studio | $3,200 | +$200 (+6.7%) | +$100 (+3.2%) | $2,500 – $3,500 | 98 |
| 1BR | $4,216 | −$34 (-0.8%) | −$283 (-6.3%) | $3,575 – $5,800 | 7 |
| 1BR | $3,999 | −$251 (-5.9%) | −$500 (-11.1%) | $3,949 – $4,099 | 3 |
| 1BR | $4,300 | +$50 (+1.2%) | −$199 (-4.4%) | $3,600 – $5,200 | 181 |
| 2BR | $5,995 | −$300 (-4.8%) | +$1,598 (+36.3%) | $5,200 – $8,000 | 157 |
| 2BR | $6,595 | +$300 (+4.8%) | +$2,198 (+50.0%) | $6,595 – $6,595 | 1 |
| 2BR | $5,200 | −$1,095 (-17.4%) | +$803 (+18.2%) | $5,200 – $5,200 | 5 |
| 3BR | $8,500 | +$1,808 (+27.0%) | +$300 (+3.7%) | $5,500 – $11,371 | 42 |
| 3BR | $4,495 | −$2,197 (-32.8%) | −$3,705 (-45.2%) | $4,495 – $4,495 | 5 |
| 3BR | $6,269 | −$423 (-6.3%) | −$1,931 (-23.5%) | $6,269 – $6,269 | 1 |
| 4BR | $12,500 | +$4,000 (+47.1%) | +$9,005 (+257.7%) | $12,500 – $12,500 | 4 |
| 4BR | $12,500 | +$4,000 (+47.1%) | +$9,005 (+257.7%) | $12,500 – $12,500 | 4 |
| 4BR | $12,500 | +$4,000 (+47.1%) | +$9,005 (+257.7%) | $8,075 – $17,850 | 12 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — December 2023
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,270 | $2,362 | −$92 (-3.9%) |
| Studio | $4,087 | $2,362 | +$1,725 (+73.1%) |
| Studio | $3,200 | $2,362 | +$838 (+35.5%) |
| 1BR | $4,216 | $2,400 | +$1,816 (+75.7%) |
| 1BR | $3,999 | $2,400 | +$1,599 (+66.6%) |
| 1BR | $4,300 | $2,400 | +$1,900 (+79.2%) |
| 2BR | $5,995 | $2,900 | +$3,095 (+106.7%) |
| 2BR | $6,595 | $2,900 | +$3,695 (+127.4%) |
| 2BR | $5,200 | $2,900 | +$2,300 (+79.3%) |
| 3BR | $8,500 | $3,500 | +$5,000 (+142.9%) |
| 3BR | $4,495 | $3,500 | +$995 (+28.4%) |
| 3BR | $6,269 | $3,500 | +$2,769 (+79.1%) |
| 4BR | $12,500 | $4,070 | +$8,430 (+207.1%) |
| 4BR | $12,500 | $4,070 | +$8,430 (+207.1%) |
| 4BR | $12,500 | $4,070 | +$8,430 (+207.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.