Monthly Rent Report
Midtown East Rent Report — August 2024
Asking rents in ZIP 10022, New York City, from 55 listings.
Median 1BR rent in Midtown East was $5,550 in August 2024, up 28.3% (+$1,225) from July 2024 and up 20.0% year-over-year. The middle half of 1BR listings asked between $5,550 and $5,550. That puts Midtown East $3,160 above the New York City citywide 1BR median of $2,390. The month's figures are based on 55 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,850 | −$600 (-17.4%) | −$500 (-14.9%) | $2,750 – $3,000 | 9 |
| Studio | $2,995 | −$455 (-13.2%) | −$355 (-10.6%) | $2,995 – $2,995 | 3 |
| 1BR | $5,550 | +$1,225 (+28.3%) | +$925 (+20.0%) | $5,550 – $5,550 | 1 |
| 2BR | $5,495 | +$800 (+17.0%) | +$195 (+3.7%) | $4,721 – $9,363 | 22 |
| 3BR | $11,500 | +$4,100 (+55.4%) | +$29 (+0.2%) | $4,900 – $13,950 | 9 |
| 4BR | $5,795 | −$6,282 (-52.0%) | −$2,405 (-29.3%) | $5,795 – $5,795 | 1 |
| 4BR | $5,795 | −$6,282 (-52.0%) | −$2,405 (-29.3%) | $5,795 – $5,795 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — August 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,850 | $2,500 | +$350 (+14.0%) |
| Studio | $2,995 | $2,500 | +$495 (+19.8%) |
| 1BR | $5,550 | $2,390 | +$3,160 (+132.2%) |
| 2BR | $5,495 | $2,900 | +$2,595 (+89.5%) |
| 3BR | $11,500 | $3,603 | +$7,897 (+219.2%) |
| 4BR | $5,795 | $4,225 | +$1,570 (+37.2%) |
| 4BR | $5,795 | $4,225 | +$1,570 (+37.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.