Monthly Rent Report
Midwood Rent Report — May 2023
Asking rents in ZIP 11230, New York City, from 122 listings.
Median 1BR rent in Midwood was $2,472 in May 2023, up 41.3% (+$722) from April 2023 and up 0.9% year-over-year. The middle half of 1BR listings asked between $2,472 and $2,472. That puts Midwood in line with the New York City citywide 1BR median of $2,477. The month's figures are based on 122 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,149 | −$125 (-5.5%) | +$601 (+38.8%) | $2,011 – $2,182 | 4 |
| Studio | $2,215 | −$59 (-2.6%) | +$667 (+43.1%) | $2,182 – $2,247 | 2 |
| 1BR | $2,472 | +$722 (+41.3%) | +$22 (+0.9%) | $2,472 – $2,472 | 1 |
| 1BR | $2,529 | +$779 (+44.5%) | +$79 (+3.2%) | $2,300 – $2,845 | 39 |
| 2BR | $3,038 | +$216 (+7.6%) | +$385 (+14.5%) | $2,648 – $3,888 | 35 |
| 2BR | $3,227 | +$405 (+14.3%) | +$574 (+21.6%) | $2,845 – $3,775 | 9 |
| 3BR | $3,500 | +$148 (+4.4%) | +$1,300 (+59.1%) | $3,500 – $4,275 | 13 |
| 3BR | $3,500 | +$148 (+4.4%) | +$1,300 (+59.1%) | $3,500 – $4,275 | 13 |
| 4BR | $2,495 | −$995 (-28.5%) | −$495 (-16.6%) | $2,423 – $3,093 | 3 |
| 4BR | $2,495 | −$995 (-28.5%) | −$495 (-16.6%) | $2,423 – $3,093 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Midwood vs. New York City — May 2023
| Bedrooms | Midwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,149 | $2,450 | −$301 (-12.3%) |
| Studio | $2,215 | $2,450 | −$235 (-9.6%) |
| 1BR | $2,472 | $2,477 | −$5 (-0.2%) |
| 1BR | $2,529 | $2,477 | +$52 (+2.1%) |
| 2BR | $3,038 | $2,800 | +$238 (+8.5%) |
| 2BR | $3,227 | $2,800 | +$427 (+15.3%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 3BR | $3,500 | $3,225 | +$275 (+8.5%) |
| 4BR | $2,495 | $4,000 | −$1,505 (-37.6%) |
| 4BR | $2,495 | $4,000 | −$1,505 (-37.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.