Monthly Rent Report
Midtown East Rent Report — October 2024
Asking rents in ZIP 10022, New York City, from 69 listings.
Median 1BR rent in Midtown East was $2,000 in October 2024, down 59.2% (−$2,900) from September 2024 and down 52.1% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Midtown East $306 below the New York City citywide 1BR median of $2,306. The month's figures are based on 69 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,900 | +$150 (+5.5%) | $0 (0.0%) | $2,900 – $2,900 | 1 |
| Studio | $3,946 | +$1,196 (+43.5%) | +$1,046 (+36.1%) | $3,200 – $3,979 | 41 |
| 1BR | $2,000 | −$2,900 (-59.2%) | −$2,175 (-52.1%) | $2,000 – $2,000 | 1 |
| 1BR | $3,850 | −$1,050 (-21.4%) | −$325 (-7.8%) | $1,850 – $5,650 | 10 |
| 2BR | $6,700 | +$2,600 (+63.4%) | +$2,400 (+55.8%) | $6,700 – $6,700 | 1 |
| 2BR | $3,425 | −$675 (-16.5%) | −$875 (-20.3%) | $3,425 – $4,990 | 5 |
| 2BR | $5,400 | +$1,300 (+31.7%) | +$1,100 (+25.6%) | $4,600 – $6,375 | 4 |
| 3BR | $4,995 | −$1,005 (-16.8%) | −$2,194 (-30.5%) | $4,995 – $4,995 | 1 |
| 3BR | $12,500 | +$6,500 (+108.3%) | +$5,311 (+73.9%) | $12,500 – $12,500 | 2 |
| 4BR | $7,250 | −$745 (-9.3%) | +$1,555 (+27.3%) | $7,250 – $7,250 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — October 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,900 | $2,550 | +$350 (+13.7%) |
| Studio | $3,946 | $2,550 | +$1,396 (+54.7%) |
| 1BR | $2,000 | $2,306 | −$306 (-13.3%) |
| 1BR | $3,850 | $2,306 | +$1,544 (+66.9%) |
| 2BR | $6,700 | $2,914 | +$3,787 (+130.0%) |
| 2BR | $3,425 | $2,914 | +$512 (+17.6%) |
| 2BR | $5,400 | $2,914 | +$2,487 (+85.3%) |
| 3BR | $4,995 | $3,519 | +$1,476 (+41.9%) |
| 3BR | $12,500 | $3,519 | +$8,981 (+255.2%) |
| 4BR | $7,250 | $4,100 | +$3,150 (+76.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.