Monthly Rent Report
Midtown East Rent Report — March 2024
Asking rents in ZIP 10022, New York City, from 357 listings.
Median 1BR rent in Midtown East was $3,495 in March 2024, down 19.2% (−$830) from February 2024 and down 30.1% year-over-year. The middle half of 1BR listings asked between $3,495 and $4,548. That puts Midtown East $996 above the New York City citywide 1BR median of $2,499. The month's figures are based on 357 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | +$375 (+13.3%) | +$375 (+13.3%) | $2,669 – $3,538 | 36 |
| Studio | $3,275 | +$450 (+15.9%) | +$450 (+15.9%) | $3,275 – $3,275 | 1 |
| Studio | $3,250 | +$425 (+15.0%) | +$425 (+15.0%) | $2,681 – $4,605 | 42 |
| 1BR | $3,495 | −$830 (-19.2%) | −$1,505 (-30.1%) | $3,495 – $4,548 | 3 |
| 1BR | $4,368 | +$43 (+1.0%) | −$632 (-12.7%) | $3,995 – $5,288 | 98 |
| 1BR | $5,700 | +$1,375 (+31.8%) | +$700 (+14.0%) | $3,650 – $6,239 | 45 |
| 2BR | $5,450 | +$1,250 (+29.8%) | −$2,441 (-30.9%) | $5,450 – $5,450 | 1 |
| 2BR | $7,373 | +$3,173 (+75.5%) | −$518 (-6.6%) | $5,405 – $8,999 | 54 |
| 2BR | $5,872 | +$1,672 (+39.8%) | −$2,019 (-25.6%) | $5,488 – $7,500 | 45 |
| 3BR | $6,087 | +$287 (+4.9%) | −$4,413 (-42.0%) | $5,443 – $6,730 | 2 |
| 3BR | $5,600 | −$200 (-3.4%) | −$4,900 (-46.7%) | $4,845 – $8,050 | 11 |
| 3BR | $9,100 | +$3,300 (+56.9%) | −$1,400 (-13.3%) | $6,250 – $13,237 | 11 |
| 4BR | $15,175 | +$11,180 (+279.8%) | +$7,275 (+92.1%) | $11,375 – $17,850 | 4 |
| 4BR | $8,000 | +$4,005 (+100.3%) | +$100 (+1.3%) | $8,000 – $12,925 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — March 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,450 | +$750 (+30.6%) |
| Studio | $3,275 | $2,450 | +$825 (+33.7%) |
| Studio | $3,250 | $2,450 | +$800 (+32.7%) |
| 1BR | $3,495 | $2,499 | +$996 (+39.9%) |
| 1BR | $4,368 | $2,499 | +$1,869 (+74.8%) |
| 1BR | $5,700 | $2,499 | +$3,201 (+128.1%) |
| 2BR | $5,450 | $2,995 | +$2,456 (+82.0%) |
| 2BR | $7,373 | $2,995 | +$4,379 (+146.2%) |
| 2BR | $5,872 | $2,995 | +$2,878 (+96.1%) |
| 3BR | $6,087 | $3,500 | +$2,587 (+73.9%) |
| 3BR | $5,600 | $3,500 | +$2,100 (+60.0%) |
| 3BR | $9,100 | $3,500 | +$5,600 (+160.0%) |
| 4BR | $15,175 | $4,250 | +$10,926 (+257.1%) |
| 4BR | $8,000 | $4,250 | +$3,751 (+88.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.