Monthly Rent Report
Midtown West Rent Report — September 2023
Asking rents in ZIP 10036, New York City, from 29 listings.
Median 1BR rent in Midtown West was $4,602 in September 2023, up 43.8% (+$1,402) from August 2023 and up 13.8% year-over-year. The middle half of 1BR listings asked between $4,589 and $4,653. That puts Midtown West $2,102 above the New York City citywide 1BR median of $2,500. The month's figures are based on 29 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,010 | −$77 (-1.9%) | +$360 (+9.9%) | $4,003 – $4,018 | 2 |
| 1BR | $4,602 | +$1,402 (+43.8%) | +$559 (+13.8%) | $4,589 – $4,653 | 4 |
| 1BR | $2,895 | −$305 (-9.5%) | −$1,147 (-28.4%) | $2,848 – $2,943 | 2 |
| 2BR | $3,250 | −$2,044 (-38.6%) | −$745 (-18.6%) | $3,213 – $3,400 | 6 |
| 2BR | $7,889 | +$2,595 (+49.0%) | +$3,894 (+97.5%) | $7,442 – $7,889 | 3 |
| 3BR | $5,350 | −$3,645 (-40.5%) | −$1,250 (-18.9%) | $5,350 – $5,350 | 2 |
| 3BR | $4,100 | −$4,895 (-54.4%) | −$2,500 (-37.9%) | $4,100 – $4,100 | 1 |
| 4BR | $7,495 | −$1,002 (-11.8%) | −$255 (-3.3%) | $7,495 – $7,495 | 2 |
| 4BR | $13,900 | +$5,403 (+63.6%) | +$6,150 (+79.4%) | $13,900 – $16,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — September 2023
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,010 | $2,400 | +$1,610 (+67.1%) |
| 1BR | $4,602 | $2,500 | +$2,102 (+84.1%) |
| 1BR | $2,895 | $2,500 | +$395 (+15.8%) |
| 2BR | $3,250 | $3,000 | +$250 (+8.3%) |
| 2BR | $7,889 | $3,000 | +$4,889 (+163.0%) |
| 3BR | $5,350 | $3,500 | +$1,850 (+52.9%) |
| 3BR | $4,100 | $3,500 | +$600 (+17.1%) |
| 4BR | $7,495 | $4,325 | +$3,170 (+73.3%) |
| 4BR | $13,900 | $4,325 | +$9,575 (+221.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.