Monthly Rent Report
Midtown West Rent Report — October 2023
Asking rents in ZIP 10036, New York City, from 182 listings.
Median 1BR rent in Midtown West was $3,300 in October 2023, down 28.3% (−$1,301) from September 2023 and down 29.8% year-over-year. The middle half of 1BR listings asked between $2,920 and $4,263. That puts Midtown West $850 above the New York City citywide 1BR median of $2,450. The month's figures are based on 182 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,406 | −$604 (-15.1%) | −$259 (-7.1%) | $3,406 – $3,406 | 1 |
| Studio | $12,000 | +$7,990 (+199.3%) | +$8,335 (+227.4%) | $12,000 – $12,000 | 2 |
| Studio | $2,548 | −$1,462 (-36.5%) | −$1,118 (-30.5%) | $2,365 – $3,693 | 18 |
| 1BR | $3,300 | −$1,301 (-28.3%) | −$1,400 (-29.8%) | $2,920 – $4,263 | 22 |
| 1BR | $3,868 | −$733 (-15.9%) | −$832 (-17.7%) | $3,845 – $3,891 | 4 |
| 1BR | $3,795 | −$806 (-17.5%) | −$905 (-19.3%) | $2,995 – $4,170 | 25 |
| 2BR | $4,500 | −$3,389 (-43.0%) | −$1,842 (-29.0%) | $3,794 – $6,322 | 39 |
| 2BR | $3,930 | −$3,959 (-50.2%) | −$2,412 (-38.0%) | $3,225 – $4,075 | 19 |
| 2BR | $6,650 | −$1,239 (-15.7%) | +$308 (+4.9%) | $5,134 – $8,190 | 7 |
| 3BR | $4,500 | +$400 (+9.8%) | −$47 (-1.0%) | $4,500 – $4,500 | 1 |
| 3BR | $6,495 | +$2,395 (+58.4%) | +$1,948 (+42.8%) | $6,495 – $6,495 | 1 |
| 3BR | $5,598 | +$1,498 (+36.5%) | +$1,050 (+23.1%) | $4,796 – $6,499 | 22 |
| 4BR | $6,100 | −$1,395 (-18.6%) | −$395 (-6.1%) | $5,548 – $7,675 | 3 |
| 4BR | $7,445 | −$50 (-0.7%) | +$950 (+14.6%) | $7,420 – $7,470 | 2 |
| 4BR | $6,750 | −$745 (-9.9%) | +$255 (+3.9%) | $6,500 – $8,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — October 2023
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,406 | $2,411 | +$996 (+41.3%) |
| Studio | $12,000 | $2,411 | +$9,590 (+397.8%) |
| Studio | $2,548 | $2,411 | +$137 (+5.7%) |
| 1BR | $3,300 | $2,450 | +$850 (+34.7%) |
| 1BR | $3,868 | $2,450 | +$1,418 (+57.9%) |
| 1BR | $3,795 | $2,450 | +$1,345 (+54.9%) |
| 2BR | $4,500 | $2,900 | +$1,600 (+55.2%) |
| 2BR | $3,930 | $2,900 | +$1,030 (+35.5%) |
| 2BR | $6,650 | $2,900 | +$3,750 (+129.3%) |
| 3BR | $4,500 | $3,349 | +$1,151 (+34.4%) |
| 3BR | $6,495 | $3,349 | +$3,146 (+94.0%) |
| 3BR | $5,598 | $3,349 | +$2,249 (+67.2%) |
| 4BR | $6,100 | $4,200 | +$1,900 (+45.2%) |
| 4BR | $7,445 | $4,200 | +$3,245 (+77.3%) |
| 4BR | $6,750 | $4,200 | +$2,550 (+60.7%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.