Monthly Rent Report
Midtown East Rent Report — January 2024
Asking rents in ZIP 10022, New York City, from 183 listings.
Median 1BR rent in Midtown East was $3,595 in January 2024, down 14.7% (−$621) from December 2023 and down 23.2% year-over-year. The middle half of 1BR listings asked between $2,984 and $4,700. That puts Midtown East $1,245 above the New York City citywide 1BR median of $2,350. The month's figures are based on 183 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,685 | −$515 (-16.1%) | −$115 (-4.1%) | $2,381 – $2,819 | 30 |
| Studio | $2,875 | −$325 (-10.2%) | +$75 (+2.7%) | $2,613 – $3,138 | 2 |
| Studio | $2,595 | −$605 (-18.9%) | −$205 (-7.3%) | $2,375 – $2,900 | 17 |
| 1BR | $3,595 | −$621 (-14.7%) | −$1,085 (-23.2%) | $2,984 – $4,700 | 40 |
| 1BR | $3,950 | −$266 (-6.3%) | −$730 (-15.6%) | $3,699 – $4,800 | 28 |
| 1BR | $3,600 | −$616 (-14.6%) | −$1,080 (-23.1%) | $3,600 – $3,600 | 2 |
| 2BR | $5,688 | −$907 (-13.8%) | −$1,307 (-18.7%) | $5,534 – $5,841 | 2 |
| 2BR | $5,773 | −$822 (-12.5%) | −$1,222 (-17.5%) | $4,200 – $8,185 | 16 |
| 2BR | $5,800 | −$795 (-12.1%) | −$1,195 (-17.1%) | $5,200 – $7,500 | 17 |
| 3BR | $4,749 | +$254 (+5.7%) | −$8,116 (-63.1%) | $4,600 – $5,400 | 9 |
| 3BR | $7,187 | +$2,692 (+59.9%) | −$5,678 (-44.1%) | $6,075 – $7,869 | 6 |
| 3BR | $6,442 | +$1,947 (+43.3%) | −$6,423 (-49.9%) | $5,346 – $7,538 | 2 |
| 4BR | $11,300 | −$1,200 (-9.6%) | +$2,400 (+27.0%) | $9,700 – $12,900 | 2 |
| 4BR | $8,050 | −$4,450 (-35.6%) | −$850 (-9.6%) | $8,000 – $8,175 | 6 |
| 4BR | $8,000 | −$4,500 (-36.0%) | −$900 (-10.1%) | $8,000 – $8,050 | 4 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — January 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,685 | $2,338 | +$348 (+14.9%) |
| Studio | $2,875 | $2,338 | +$538 (+23.0%) |
| Studio | $2,595 | $2,338 | +$258 (+11.0%) |
| 1BR | $3,595 | $2,350 | +$1,245 (+53.0%) |
| 1BR | $3,950 | $2,350 | +$1,600 (+68.1%) |
| 1BR | $3,600 | $2,350 | +$1,250 (+53.2%) |
| 2BR | $5,688 | $2,885 | +$2,803 (+97.1%) |
| 2BR | $5,773 | $2,885 | +$2,888 (+100.1%) |
| 2BR | $5,800 | $2,885 | +$2,915 (+101.0%) |
| 3BR | $4,749 | $3,443 | +$1,306 (+37.9%) |
| 3BR | $7,187 | $3,443 | +$3,744 (+108.7%) |
| 3BR | $6,442 | $3,443 | +$2,999 (+87.1%) |
| 4BR | $11,300 | $4,000 | +$7,300 (+182.5%) |
| 4BR | $8,050 | $4,000 | +$4,050 (+101.3%) |
| 4BR | $8,000 | $4,000 | +$4,000 (+100.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.