Monthly Rent Report
Midtown West Rent Report — December 2023
Asking rents in ZIP 10019, New York City, from 887 listings.
Median 1BR rent in Midtown West was $5,500 in December 2023, down 25.2% (−$1,850) from November 2023 and up 56.0% year-over-year. The middle half of 1BR listings asked between $2,450 and $5,500. That puts Midtown West $3,100 above the New York City citywide 1BR median of $2,400. The month's figures are based on 887 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,525 | −$569 (-18.4%) | −$791 (-23.9%) | $2,456 – $2,563 | 4 |
| Studio | $3,500 | +$406 (+13.1%) | +$184 (+5.5%) | $3,494 – $3,871 | 6 |
| Studio | $3,400 | +$306 (+9.9%) | +$84 (+2.5%) | $2,996 – $3,636 | 114 |
| 1BR | $5,500 | −$1,850 (-25.2%) | +$1,975 (+56.0%) | $2,450 – $5,500 | 7 |
| 1BR | $4,045 | −$3,305 (-45.0%) | +$520 (+14.8%) | $3,816 – $4,296 | 14 |
| 1BR | $4,250 | −$3,100 (-42.2%) | +$725 (+20.6%) | $3,800 – $5,055 | 327 |
| 2BR | $6,036 | +$876 (+17.0%) | −$261 (-4.2%) | $4,188 – $8,000 | 275 |
| 2BR | $5,458 | +$298 (+5.8%) | −$840 (-13.3%) | $4,737 – $6,239 | 6 |
| 2BR | $6,225 | +$1,065 (+20.6%) | −$72 (-1.2%) | $5,500 – $6,950 | 6 |
| 3BR | $6,795 | +$2,295 (+51.0%) | −$880 (-11.5%) | $6,795 – $6,795 | 1 |
| 3BR | $4,800 | +$300 (+6.7%) | −$2,875 (-37.5%) | $4,388 – $5,100 | 10 |
| 3BR | $8,248 | +$3,748 (+83.3%) | +$573 (+7.5%) | $5,320 – $11,465 | 86 |
| 4BR | $7,795 | +$2,300 (+41.9%) | +$300 (+4.0%) | $7,795 – $7,795 | 1 |
| 4BR | $9,995 | +$4,500 (+81.9%) | +$2,500 (+33.4%) | $6,795 – $11,250 | 20 |
| 4BR | $7,795 | +$2,300 (+41.9%) | +$300 (+4.0%) | $7,795 – $7,795 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — December 2023
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,525 | $2,362 | +$163 (+6.9%) |
| Studio | $3,500 | $2,362 | +$1,138 (+48.2%) |
| Studio | $3,400 | $2,362 | +$1,038 (+44.0%) |
| 1BR | $5,500 | $2,400 | +$3,100 (+129.2%) |
| 1BR | $4,045 | $2,400 | +$1,645 (+68.5%) |
| 1BR | $4,250 | $2,400 | +$1,850 (+77.1%) |
| 2BR | $6,036 | $2,900 | +$3,136 (+108.1%) |
| 2BR | $5,458 | $2,900 | +$2,558 (+88.2%) |
| 2BR | $6,225 | $2,900 | +$3,325 (+114.7%) |
| 3BR | $6,795 | $3,500 | +$3,295 (+94.1%) |
| 3BR | $4,800 | $3,500 | +$1,300 (+37.1%) |
| 3BR | $8,248 | $3,500 | +$4,748 (+135.6%) |
| 4BR | $7,795 | $4,070 | +$3,725 (+91.5%) |
| 4BR | $9,995 | $4,070 | +$5,925 (+145.6%) |
| 4BR | $7,795 | $4,070 | +$3,725 (+91.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.