Monthly Rent Report
Midtown West Rent Report — May 2024
Asking rents in ZIP 10036, New York City, from 673 listings.
Median 1BR rent in Midtown West was $5,395 in May 2024, up 40.2% (+$1,548) from April 2024 and up 33.2% year-over-year. The middle half of 1BR listings asked between $4,900 and $5,395. That puts Midtown West $2,970 above the New York City citywide 1BR median of $2,425. The month's figures are based on 673 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,790 | +$1,090 (+29.5%) | +$1,515 (+46.3%) | $4,715 – $4,895 | 9 |
| Studio | $3,027 | −$673 (-18.2%) | −$248 (-7.6%) | $2,600 – $4,095 | 81 |
| Studio | $3,708 | +$8 (+0.2%) | +$433 (+13.2%) | $3,200 – $4,088 | 58 |
| 1BR | $5,395 | +$1,548 (+40.2%) | +$1,345 (+33.2%) | $4,900 – $5,395 | 5 |
| 1BR | $4,500 | +$653 (+17.0%) | +$450 (+11.1%) | $3,496 – $4,995 | 82 |
| 1BR | $3,900 | +$53 (+1.4%) | −$150 (-3.7%) | $3,325 – $4,352 | 155 |
| 2BR | $6,000 | +$1,650 (+37.9%) | +$1,453 (+31.9%) | $4,399 – $7,424 | 68 |
| 2BR | $5,960 | +$1,610 (+37.0%) | +$1,413 (+31.1%) | $4,500 – $6,850 | 145 |
| 2BR | $7,095 | +$2,745 (+63.1%) | +$2,548 (+56.0%) | $5,795 – $7,148 | 3 |
| 3BR | $5,850 | −$150 (-2.5%) | −$500 (-7.9%) | $5,250 – $6,665 | 31 |
| 3BR | $6,145 | +$145 (+2.4%) | −$205 (-3.2%) | $5,246 – $7,849 | 8 |
| 3BR | $10,995 | +$4,995 (+83.3%) | +$4,645 (+73.1%) | $10,995 – $10,995 | 1 |
| 4BR | $7,150 | −$5,850 (-45.0%) | −$350 (-4.7%) | $6,884 – $8,009 | 6 |
| 4BR | $6,495 | −$6,505 (-50.0%) | −$1,005 (-13.4%) | $6,495 – $6,495 | 1 |
| 4BR | $7,895 | −$5,105 (-39.3%) | +$395 (+5.3%) | $6,523 – $8,095 | 7 |
| 4BR | $4,695 | −$8,305 (-63.9%) | −$2,805 (-37.4%) | $4,695 – $4,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Midtown West vs. New York City — May 2024
| Bedrooms | Midtown West Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,790 | $2,350 | +$2,440 (+103.8%) |
| Studio | $3,027 | $2,350 | +$677 (+28.8%) |
| Studio | $3,708 | $2,350 | +$1,358 (+57.8%) |
| 1BR | $5,395 | $2,425 | +$2,970 (+122.5%) |
| 1BR | $4,500 | $2,425 | +$2,075 (+85.6%) |
| 1BR | $3,900 | $2,425 | +$1,475 (+60.8%) |
| 2BR | $6,000 | $2,914 | +$3,087 (+105.9%) |
| 2BR | $5,960 | $2,914 | +$3,047 (+104.6%) |
| 2BR | $7,095 | $2,914 | +$4,182 (+143.5%) |
| 3BR | $5,850 | $3,600 | +$2,250 (+62.5%) |
| 3BR | $6,145 | $3,600 | +$2,545 (+70.7%) |
| 3BR | $10,995 | $3,600 | +$7,395 (+205.4%) |
| 4BR | $7,150 | $4,250 | +$2,900 (+68.2%) |
| 4BR | $6,495 | $4,250 | +$2,245 (+52.8%) |
| 4BR | $7,895 | $4,250 | +$3,645 (+85.8%) |
| 4BR | $4,695 | $4,250 | +$445 (+10.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.