Monthly Rent Report
Midtown West Rent Report — December 2023
Asking rents in ZIP 10036, New York City, from 507 listings.
Median 1BR rent in Midtown West was $4,395 in December 2023, down 6.5% (−$305) from November 2023 and up 29.5% year-over-year. The middle half of 1BR listings asked between $3,238 and $5,000. That puts Midtown West $1,995 above the New York City citywide 1BR median of $2,400. The month's figures are based on 507 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,375 | −$750 (-24.0%) | −$924 (-28.0%) | $2,363 – $2,388 | 2 |
| Studio | $3,500 | +$375 (+12.0%) | +$201 (+6.1%) | $2,650 – $3,925 | 85 |
| Studio | $3,406 | +$281 (+9.0%) | +$107 (+3.2%) | $3,383 – $3,648 | 4 |
| 1BR | $4,395 | −$305 (-6.5%) | +$1,000 (+29.5%) | $3,238 – $5,000 | 172 |
| 1BR | $4,060 | −$640 (-13.6%) | +$665 (+19.6%) | $3,918 – $4,528 | 3 |
| 1BR | $2,900 | −$1,800 (-38.3%) | −$495 (-14.6%) | $2,900 – $2,900 | 1 |
| 2BR | $3,842 | −$1,853 (-32.5%) | −$2,508 (-39.5%) | $3,788 – $4,796 | 4 |
| 2BR | $5,280 | −$415 (-7.3%) | −$1,070 (-16.9%) | $3,750 – $6,765 | 151 |
| 2BR | $6,790 | +$1,095 (+19.2%) | +$440 (+6.9%) | $6,603 – $6,978 | 2 |
| 3BR | $3,700 | −$2,206 (-37.4%) | −$1,700 (-31.5%) | $3,675 – $4,900 | 7 |
| 3BR | $10,985 | +$5,079 (+86.0%) | +$5,585 (+103.4%) | $10,985 – $10,985 | 1 |
| 3BR | $5,998 | +$92 (+1.5%) | +$598 (+11.1%) | $4,474 – $7,125 | 48 |
| 4BR | $6,500 | −$395 (-5.7%) | −$1,750 (-21.2%) | $5,750 – $6,895 | 13 |
| 4BR | $6,250 | −$645 (-9.4%) | −$2,000 (-24.2%) | $5,813 – $6,796 | 6 |
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 | $2,375 | $2,362 | +$13 (+0.6%) |
| Studio | $3,500 | $2,362 | +$1,138 (+48.2%) |
| Studio | $3,406 | $2,362 | +$1,044 (+44.2%) |
| 1BR | $4,395 | $2,400 | +$1,995 (+83.1%) |
| 1BR | $4,060 | $2,400 | +$1,660 (+69.2%) |
| 1BR | $2,900 | $2,400 | +$500 (+20.8%) |
| 2BR | $3,842 | $2,900 | +$942 (+32.5%) |
| 2BR | $5,280 | $2,900 | +$2,380 (+82.1%) |
| 2BR | $6,790 | $2,900 | +$3,890 (+134.1%) |
| 3BR | $3,700 | $3,500 | +$200 (+5.7%) |
| 3BR | $10,985 | $3,500 | +$7,485 (+213.9%) |
| 3BR | $5,998 | $3,500 | +$2,498 (+71.4%) |
| 4BR | $6,500 | $4,070 | +$2,430 (+59.7%) |
| 4BR | $6,250 | $4,070 | +$2,180 (+53.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.