Monthly Rent Report
Midtown East Rent Report — June 2024
Asking rents in ZIP 10022, New York City, from 959 listings.
Median 1BR rent in Midtown East was $4,750 in June 2024, up 5.6% (+$250) from May 2024 and down 2.2% year-over-year. The middle half of 1BR listings asked between $3,725 and $5,476. That puts Midtown East $2,300 above the New York City citywide 1BR median of $2,450. The month's figures are based on 959 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | −$1,000 (-27.0%) | −$1,342 (-33.2%) | $2,700 – $2,700 | 1 |
| Studio | $3,295 | −$405 (-10.9%) | −$747 (-18.5%) | $2,738 – $3,959 | 80 |
| Studio | $3,298 | −$402 (-10.9%) | −$744 (-18.4%) | $2,819 – $4,101 | 88 |
| 1BR | $4,750 | +$250 (+5.6%) | −$104 (-2.2%) | $3,725 – $5,476 | 179 |
| 1BR | $5,498 | +$998 (+22.2%) | +$643 (+13.2%) | $5,246 – $5,749 | 2 |
| 1BR | $4,738 | +$238 (+5.3%) | −$117 (-2.4%) | $3,825 – $5,400 | 190 |
| 2BR | $6,873 | +$2,023 (+41.7%) | −$1,044 (-13.2%) | $4,425 – $7,995 | 114 |
| 2BR | $6,122 | +$1,272 (+26.2%) | −$1,795 (-22.7%) | $4,388 – $8,211 | 164 |
| 2BR | $6,598 | +$1,748 (+36.0%) | −$1,320 (-16.7%) | $5,646 – $7,549 | 2 |
| 3BR | $11,700 | −$774 (-6.2%) | +$326 (+2.9%) | $11,700 – $11,700 | 1 |
| 3BR | $7,199 | −$5,275 (-42.3%) | −$4,175 (-36.7%) | $5,950 – $11,800 | 57 |
| 3BR | $12,651 | +$177 (+1.4%) | +$1,277 (+11.2%) | $7,000 – $12,873 | 46 |
| 4BR | $10,000 | +$353 (+3.7%) | −$2,000 (-16.7%) | $10,000 – $10,000 | 1 |
| 4BR | $8,700 | −$947 (-9.8%) | −$3,300 (-27.5%) | $7,995 – $9,550 | 15 |
| 4BR | $9,700 | +$53 (+0.5%) | −$2,300 (-19.2%) | $9,150 – $15,228 | 19 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — June 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,440 | +$260 (+10.7%) |
| Studio | $3,295 | $2,440 | +$855 (+35.0%) |
| Studio | $3,298 | $2,440 | +$858 (+35.1%) |
| 1BR | $4,750 | $2,450 | +$2,300 (+93.9%) |
| 1BR | $5,498 | $2,450 | +$3,048 (+124.4%) |
| 1BR | $4,738 | $2,450 | +$2,288 (+93.4%) |
| 2BR | $6,873 | $2,900 | +$3,973 (+137.0%) |
| 2BR | $6,122 | $2,900 | +$3,222 (+111.1%) |
| 2BR | $6,598 | $2,900 | +$3,698 (+127.5%) |
| 3BR | $11,700 | $3,600 | +$8,100 (+225.0%) |
| 3BR | $7,199 | $3,600 | +$3,599 (+100.0%) |
| 3BR | $12,651 | $3,600 | +$9,051 (+251.4%) |
| 4BR | $10,000 | $4,256 | +$5,744 (+134.9%) |
| 4BR | $8,700 | $4,256 | +$4,444 (+104.4%) |
| 4BR | $9,700 | $4,256 | +$5,444 (+127.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.