Monthly Rent Report
Midwood Rent Report — October 2023
Asking rents in ZIP 11230, New York City, from 137 listings.
Median 1BR rent in Midwood was $2,470 in October 2023, down 2.3% (−$57) from September 2023 and up 41.1% year-over-year. The middle half of 1BR listings asked between $2,470 and $2,470. That puts Midwood in line with the New York City citywide 1BR median of $2,450. The month's figures are based on 137 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$12 (-0.8%) | −$450 (-21.4%) | $1,650 – $1,885 | 11 |
| 1BR | $2,470 | −$57 (-2.3%) | +$720 (+41.1%) | $2,470 – $2,470 | 1 |
| 1BR | $2,800 | +$273 (+10.8%) | +$1,050 (+60.0%) | $2,350 – $3,025 | 33 |
| 2BR | $2,850 | +$51 (+1.8%) | +$950 (+50.0%) | $2,513 – $3,349 | 14 |
| 2BR | $3,150 | +$351 (+12.5%) | +$1,250 (+65.8%) | $2,869 – $3,538 | 43 |
| 3BR | $3,500 | +$353 (+11.2%) | +$505 (+16.9%) | $3,498 – $3,775 | 7 |
| 3BR | $3,500 | +$353 (+11.2%) | +$505 (+16.9%) | $2,995 – $4,463 | 19 |
| 4BR | $3,495 | −$805 (-18.7%) | −$655 (-15.8%) | $3,350 – $4,300 | 9 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Midwood vs. New York City — October 2023
| Bedrooms | Midwood Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,411 | −$760 (-31.5%) |
| 1BR | $2,470 | $2,450 | +$20 (+0.8%) |
| 1BR | $2,800 | $2,450 | +$350 (+14.3%) |
| 2BR | $2,850 | $2,900 | −$50 (-1.7%) |
| 2BR | $3,150 | $2,900 | +$250 (+8.6%) |
| 3BR | $3,500 | $3,349 | +$151 (+4.5%) |
| 3BR | $3,500 | $3,349 | +$151 (+4.5%) |
| 4BR | $3,495 | $4,200 | −$705 (-16.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.