Monthly Rent Report
Midtown East Rent Report — December 2024
Asking rents in ZIP 10022, New York City, from 75 listings.
Median 1BR rent in Midtown East was $3,250 in December 2024, up 8.3% (+$250) from November 2024 and down 18.7% year-over-year. The middle half of 1BR listings asked between $3,250 and $3,250. That puts Midtown East $771 above the New York City citywide 1BR median of $2,480. The month's figures are based on 75 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | −$575 (-15.4%) | −$50 (-1.6%) | $2,800 – $3,150 | 12 |
| Studio | $3,150 | −$575 (-15.4%) | −$50 (-1.6%) | $3,150 – $3,725 | 3 |
| 1BR | $3,250 | +$250 (+8.3%) | −$749 (-18.7%) | $3,250 – $3,250 | 4 |
| 1BR | $5,031 | +$2,031 (+67.7%) | +$1,032 (+25.8%) | $3,463 – $6,525 | 19 |
| 1BR | $4,100 | +$1,100 (+36.7%) | +$101 (+2.5%) | $3,050 – $5,150 | 2 |
| 2BR | $3,500 | −$4,875 (-58.2%) | −$1,700 (-32.7%) | $3,500 – $3,500 | 1 |
| 2BR | $5,748 | −$2,627 (-31.4%) | +$548 (+10.5%) | $4,000 – $7,969 | 4 |
| 3BR | $4,995 | −$6,905 (-58.0%) | −$3,505 (-41.2%) | $4,995 – $4,995 | 1 |
| 3BR | $12,000 | +$100 (+0.8%) | +$3,500 (+41.2%) | $7,500 – $12,950 | 9 |
| 4BR | $8,500 | +$505 (+6.3%) | −$4,000 (-32.0%) | $7,995 – $9,000 | 17 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Midtown East vs. New York City — December 2024
| Bedrooms | Midtown East Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $2,525 | +$625 (+24.8%) |
| Studio | $3,150 | $2,525 | +$625 (+24.8%) |
| 1BR | $3,250 | $2,480 | +$771 (+31.1%) |
| 1BR | $5,031 | $2,480 | +$2,552 (+102.9%) |
| 1BR | $4,100 | $2,480 | +$1,621 (+65.4%) |
| 2BR | $3,500 | $2,975 | +$525 (+17.6%) |
| 2BR | $5,748 | $2,975 | +$2,773 (+93.2%) |
| 3BR | $4,995 | $3,546 | +$1,450 (+40.9%) |
| 3BR | $12,000 | $3,546 | +$8,455 (+238.5%) |
| 4BR | $8,500 | $4,150 | +$4,350 (+104.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.