Monthly Rent Report
Midtown East Rent Report — July 2024
Asking rents in ZIP 10022, New York City, from 210 listings.
Median 1BR rent in Midtown East was $4,325 in July 2024, down 21.3% (−$1,172) from June 2024 and down 3.9% year-over-year. The middle half of 1BR listings asked between $3,644 and $5,000. That puts Midtown East $1,825 above the New York City citywide 1BR median of $2,500. The month's figures are based on 210 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,450 | +$750 (+27.8%) | −$509 (-12.9%) | $3,450 – $3,450 | 1 |
| Studio | $3,450 | +$750 (+27.8%) | −$509 (-12.9%) | $3,450 – $3,450 | 1 |
| Studio | $3,825 | +$1,125 (+41.7%) | −$134 (-3.4%) | $2,963 – $4,063 | 19 |
| 1BR | $4,325 | −$1,172 (-21.3%) | −$175 (-3.9%) | $3,644 – $5,000 | 52 |
| 1BR | $4,850 | −$647 (-11.8%) | +$350 (+7.8%) | $4,300 – $5,300 | 45 |
| 1BR | $4,498 | −$1,000 (-18.2%) | −$2 (-0.1%) | $3,749 – $5,246 | 2 |
| 2BR | $4,695 | −$2,178 (-31.7%) | −$3,250 (-40.9%) | $4,695 – $4,695 | 1 |
| 2BR | $7,595 | +$722 (+10.5%) | −$350 (-4.4%) | $4,723 – $9,450 | 31 |
| 2BR | $6,700 | −$173 (-2.5%) | −$1,245 (-15.7%) | $4,295 – $8,000 | 25 |
| 3BR | $6,100 | −$5,600 (-47.9%) | −$3,299 (-35.1%) | $6,100 – $6,100 | 1 |
| 3BR | $6,100 | −$5,600 (-47.9%) | −$3,299 (-35.1%) | $6,100 – $6,100 | 1 |
| 3BR | $7,400 | −$4,300 (-36.8%) | −$1,999 (-21.3%) | $5,745 – $10,619 | 15 |
| 4BR | $7,995 | −$2,005 (-20.1%) | −$1,005 (-11.2%) | $7,971 – $8,621 | 4 |
| 4BR | $12,078 | +$2,078 (+20.8%) | +$3,078 (+34.2%) | $9,525 – $14,875 | 8 |
| 4BR | $8,500 | −$1,500 (-15.0%) | −$500 (-5.6%) | $8,500 – $8,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — July 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,450 | $2,800 | +$650 (+23.2%) |
| Studio | $3,450 | $2,800 | +$650 (+23.2%) |
| Studio | $3,825 | $2,800 | +$1,025 (+36.6%) |
| 1BR | $4,325 | $2,500 | +$1,825 (+73.0%) |
| 1BR | $4,850 | $2,500 | +$2,350 (+94.0%) |
| 1BR | $4,498 | $2,500 | +$1,998 (+79.9%) |
| 2BR | $4,695 | $3,000 | +$1,695 (+56.5%) |
| 2BR | $7,595 | $3,000 | +$4,595 (+153.2%) |
| 2BR | $6,700 | $3,000 | +$3,700 (+123.3%) |
| 3BR | $6,100 | $3,606 | +$2,494 (+69.2%) |
| 3BR | $6,100 | $3,606 | +$2,494 (+69.2%) |
| 3BR | $7,400 | $3,606 | +$3,794 (+105.2%) |
| 4BR | $7,995 | $4,500 | +$3,495 (+77.7%) |
| 4BR | $12,078 | $4,500 | +$7,578 (+168.4%) |
| 4BR | $8,500 | $4,500 | +$4,000 (+88.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.