Monthly Rent Report
Midtown West Rent Report — May 2023
Asking rents in ZIP 10036, New York City, from 410 listings.
Median 1BR rent in Midtown West was $4,237 in May 2023, down 4.8% (−$214) from April 2023. The middle half of 1BR listings asked between $4,002 and $4,690. That puts Midtown West $1,760 above the New York City citywide 1BR median of $2,477. The month's figures are based on 410 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,700 | +$88 (+2.4%) | — | $2,975 – $4,313 | 59 |
| Studio | $3,795 | +$183 (+5.1%) | — | $3,698 – $3,823 | 3 |
| Studio | $3,275 | −$337 (-9.3%) | — | $2,798 – $4,185 | 7 |
| 1BR | $4,237 | −$214 (-4.8%) | — | $4,002 – $4,690 | 4 |
| 1BR | $4,800 | +$349 (+7.8%) | — | $4,300 – $5,300 | 149 |
| 1BR | $4,050 | −$401 (-9.0%) | — | $3,261 – $4,817 | 10 |
| 2BR | $5,375 | −$3,202 (-37.3%) | — | $4,250 – $7,199 | 122 |
| 2BR | $4,295 | −$4,282 (-49.9%) | — | $4,295 – $4,295 | 1 |
| 2BR | $4,548 | −$4,029 (-47.0%) | — | $3,763 – $7,998 | 12 |
| 3BR | $6,350 | −$1,145 (-15.3%) | — | $5,700 – $7,499 | 34 |
| 3BR | $8,495 | +$1,000 (+13.3%) | — | $8,495 – $8,495 | 1 |
| 4BR | $7,895 | +$1,300 (+19.7%) | — | $7,895 – $7,895 | 1 |
| 4BR | $7,500 | +$905 (+13.7%) | — | $7,500 – $7,500 | 1 |
| 4BR | $7,395 | +$800 (+12.1%) | — | $6,995 – $7,870 | 6 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — May 2023
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,700 | $2,450 | +$1,250 (+51.0%) |
| Studio | $3,795 | $2,450 | +$1,345 (+54.9%) |
| Studio | $3,275 | $2,450 | +$825 (+33.7%) |
| 1BR | $4,237 | $2,477 | +$1,760 (+71.0%) |
| 1BR | $4,800 | $2,477 | +$2,323 (+93.8%) |
| 1BR | $4,050 | $2,477 | +$1,573 (+63.5%) |
| 2BR | $5,375 | $2,800 | +$2,575 (+92.0%) |
| 2BR | $4,295 | $2,800 | +$1,495 (+53.4%) |
| 2BR | $4,548 | $2,800 | +$1,748 (+62.4%) |
| 3BR | $6,350 | $3,225 | +$3,125 (+96.9%) |
| 3BR | $8,495 | $3,225 | +$5,270 (+163.4%) |
| 4BR | $7,895 | $4,000 | +$3,895 (+97.4%) |
| 4BR | $7,500 | $4,000 | +$3,500 (+87.5%) |
| 4BR | $7,395 | $4,000 | +$3,395 (+84.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.