Monthly Rent Report
Midtown East Rent Report — February 2024
Asking rents in ZIP 10022, New York City, from 487 listings.
Median 1BR rent in Midtown East was $4,100 in February 2024, up 14.0% (+$505) from January 2024 and down 16.3% year-over-year. The middle half of 1BR listings asked between $3,200 and $5,794. That puts Midtown East $1,650 above the New York City citywide 1BR median of $2,450. The month's figures are based on 487 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,825 | −$50 (-1.7%) | +$275 (+10.8%) | $2,650 – $3,613 | 34 |
| Studio | $3,500 | +$625 (+21.7%) | +$950 (+37.3%) | $3,500 – $3,500 | 1 |
| Studio | $2,950 | +$75 (+2.6%) | +$400 (+15.7%) | $2,595 – $3,361 | 64 |
| 1BR | $4,100 | +$505 (+14.0%) | −$800 (-16.3%) | $3,200 – $5,794 | 53 |
| 1BR | $4,295 | +$700 (+19.5%) | −$605 (-12.3%) | $3,948 – $4,395 | 3 |
| 1BR | $4,325 | +$730 (+20.3%) | −$575 (-11.7%) | $3,825 – $5,199 | 146 |
| 2BR | $5,695 | −$77 (-1.3%) | −$905 (-13.7%) | $4,500 – $7,190 | 89 |
| 2BR | $4,200 | −$1,572 (-27.2%) | −$2,400 (-36.4%) | $3,721 – $6,850 | 27 |
| 2BR | $8,022 | +$2,250 (+39.0%) | +$1,422 (+21.5%) | $7,059 – $8,986 | 2 |
| 3BR | $5,800 | +$1,051 (+22.1%) | −$6,150 (-51.5%) | $4,995 – $11,331 | 33 |
| 3BR | $9,400 | +$4,651 (+97.9%) | −$2,550 (-21.3%) | $4,995 – $12,500 | 19 |
| 3BR | $8,634 | +$3,885 (+81.8%) | −$3,316 (-27.7%) | $8,634 – $8,634 | 1 |
| 4BR | $9,995 | +$1,945 (+24.2%) | −$7,005 (-41.2%) | $9,995 – $9,995 | 5 |
| 4BR | $12,500 | +$4,450 (+55.3%) | −$4,500 (-26.5%) | $9,995 – $12,500 | 9 |
| 4BR | $3,995 | −$4,055 (-50.4%) | −$13,005 (-76.5%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — February 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,825 | $2,359 | +$466 (+19.8%) |
| Studio | $3,500 | $2,359 | +$1,141 (+48.4%) |
| Studio | $2,950 | $2,359 | +$591 (+25.1%) |
| 1BR | $4,100 | $2,450 | +$1,650 (+67.3%) |
| 1BR | $4,295 | $2,450 | +$1,845 (+75.3%) |
| 1BR | $4,325 | $2,450 | +$1,875 (+76.5%) |
| 2BR | $5,695 | $2,979 | +$2,716 (+91.2%) |
| 2BR | $4,200 | $2,979 | +$1,221 (+41.0%) |
| 2BR | $8,022 | $2,979 | +$5,043 (+169.3%) |
| 3BR | $5,800 | $3,500 | +$2,300 (+65.7%) |
| 3BR | $9,400 | $3,500 | +$5,900 (+168.6%) |
| 3BR | $8,634 | $3,500 | +$5,134 (+146.7%) |
| 4BR | $9,995 | $4,148 | +$5,848 (+141.0%) |
| 4BR | $12,500 | $4,148 | +$8,353 (+201.4%) |
| 4BR | $3,995 | $4,148 | −$152 (-3.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.