Monthly Rent Report
Midtown West Rent Report — February 2024
Asking rents in ZIP 10036, New York City, from 479 listings.
Median 1BR rent in Midtown West was $5,100 in February 2024, up 1.0% (+$50) from January 2024 and up 34.4% year-over-year. The middle half of 1BR listings asked between $5,000 and $5,100. That puts Midtown West $2,650 above the New York City citywide 1BR median of $2,450. The month's figures are based on 479 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | −$300 (-7.9%) | +$1,063 (+43.6%) | $2,998 – $3,980 | 71 |
| Studio | $3,000 | −$800 (-21.1%) | +$563 (+23.1%) | $2,650 – $3,614 | 27 |
| Studio | $4,425 | +$625 (+16.4%) | +$1,988 (+81.5%) | $4,410 – $4,440 | 2 |
| 1BR | $5,100 | +$50 (+1.0%) | +$1,304 (+34.4%) | $5,000 – $5,100 | 5 |
| 1BR | $3,271 | −$1,779 (-35.2%) | −$525 (-13.8%) | $2,750 – $3,775 | 48 |
| 1BR | $4,500 | −$550 (-10.9%) | +$704 (+18.5%) | $3,298 – $5,100 | 119 |
| 2BR | $2,923 | −$1,072 (-26.8%) | −$3,292 (-53.0%) | $1,850 – $3,995 | 6 |
| 2BR | $4,295 | +$300 (+7.5%) | −$1,920 (-30.9%) | $3,500 – $5,993 | 39 |
| 2BR | $6,750 | +$2,755 (+69.0%) | +$535 (+8.6%) | $3,995 – $7,450 | 96 |
| 3BR | $4,500 | −$1,895 (-29.6%) | −$3,843 (-46.1%) | $4,500 – $4,500 | 1 |
| 3BR | $4,500 | −$1,895 (-29.6%) | −$3,843 (-46.1%) | $3,950 – $5,450 | 11 |
| 3BR | $4,595 | −$1,800 (-28.1%) | −$3,748 (-44.9%) | $3,900 – $6,025 | 27 |
| 3BR | $5,400 | −$995 (-15.6%) | −$2,943 (-35.3%) | $5,400 – $5,400 | 2 |
| 4BR | $5,300 | −$9,200 (-63.4%) | −$700 (-11.7%) | $5,300 – $5,300 | 2 |
| 4BR | $6,495 | −$8,005 (-55.2%) | +$495 (+8.3%) | $6,495 – $6,495 | 1 |
| 4BR | $10,000 | −$4,500 (-31.0%) | +$4,000 (+66.7%) | $8,000 – $13,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — February 2024
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $2,359 | +$1,141 (+48.4%) |
| Studio | $3,000 | $2,359 | +$641 (+27.2%) |
| Studio | $4,425 | $2,359 | +$2,066 (+87.6%) |
| 1BR | $5,100 | $2,450 | +$2,650 (+108.2%) |
| 1BR | $3,271 | $2,450 | +$821 (+33.5%) |
| 1BR | $4,500 | $2,450 | +$2,050 (+83.7%) |
| 2BR | $2,923 | $2,979 | −$56 (-1.9%) |
| 2BR | $4,295 | $2,979 | +$1,316 (+44.2%) |
| 2BR | $6,750 | $2,979 | +$3,771 (+126.6%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 3BR | $4,500 | $3,500 | +$1,000 (+28.6%) |
| 3BR | $4,595 | $3,500 | +$1,095 (+31.3%) |
| 3BR | $5,400 | $3,500 | +$1,900 (+54.3%) |
| 4BR | $5,300 | $4,148 | +$1,153 (+27.8%) |
| 4BR | $6,495 | $4,148 | +$2,348 (+56.6%) |
| 4BR | $10,000 | $4,148 | +$5,853 (+141.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.