Monthly Rent Report
Upper East Side Rent Report — August 2023
Asking rents in ZIP 10028, New York City, from 592 listings.
Median 1BR rent in Upper East Side was $4,310 in August 2023, down 3.9% (−$176) from July 2023 and down 2.6% year-over-year. The middle half of 1BR listings asked between $4,188 and $4,698. That puts Upper East Side $1,960 above the New York City citywide 1BR median of $2,350. The month's figures are based on 592 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,400 | −$350 (-9.3%) | +$605 (+21.6%) | $2,500 – $3,763 | 92 |
| Studio | $2,330 | −$1,420 (-37.9%) | −$465 (-16.6%) | $2,330 – $2,330 | 1 |
| Studio | $2,625 | −$1,125 (-30.0%) | −$170 (-6.1%) | $2,433 – $3,175 | 11 |
| 1BR | $4,310 | −$176 (-3.9%) | −$115 (-2.6%) | $4,188 – $4,698 | 15 |
| 1BR | $3,650 | −$836 (-18.6%) | −$775 (-17.5%) | $3,000 – $4,652 | 185 |
| 1BR | $3,098 | −$1,388 (-31.0%) | −$1,327 (-30.0%) | $2,996 – $3,471 | 14 |
| 2BR | $11,500 | +$7,255 (+170.9%) | +$6,500 (+130.0%) | $11,500 – $11,500 | 6 |
| 2BR | $6,117 | +$1,872 (+44.1%) | +$1,117 (+22.3%) | $3,995 – $7,963 | 146 |
| 2BR | $6,280 | +$2,035 (+47.9%) | +$1,280 (+25.6%) | $3,800 – $6,616 | 5 |
| 3BR | $8,495 | −$1,370 (-13.9%) | +$295 (+3.6%) | $8,025 – $8,965 | 2 |
| 3BR | $8,298 | −$1,567 (-15.9%) | +$98 (+1.2%) | $5,275 – $13,088 | 76 |
| 3BR | $4,750 | −$5,115 (-51.8%) | −$3,450 (-42.1%) | $4,750 – $4,750 | 2 |
| 4BR | $6,800 | −$2,995 (-30.6%) | −$11,195 (-62.2%) | $6,400 – $7,200 | 2 |
| 4BR | $15,888 | +$6,093 (+62.2%) | −$2,107 (-11.7%) | $15,831 – $15,944 | 2 |
| 4BR | $13,125 | +$3,330 (+34.0%) | −$4,870 (-27.1%) | $7,674 – $16,233 | 30 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Upper East Side vs. New York City — August 2023
| Bedrooms | Upper East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,400 | $2,490 | +$910 (+36.5%) |
| Studio | $2,330 | $2,490 | −$160 (-6.4%) |
| Studio | $2,625 | $2,490 | +$135 (+5.4%) |
| 1BR | $4,310 | $2,350 | +$1,960 (+83.4%) |
| 1BR | $3,650 | $2,350 | +$1,300 (+55.3%) |
| 1BR | $3,098 | $2,350 | +$748 (+31.8%) |
| 2BR | $11,500 | $2,859 | +$8,641 (+302.2%) |
| 2BR | $6,117 | $2,859 | +$3,258 (+113.9%) |
| 2BR | $6,280 | $2,859 | +$3,421 (+119.7%) |
| 3BR | $8,495 | $3,413 | +$5,083 (+148.9%) |
| 3BR | $8,298 | $3,413 | +$4,885 (+143.2%) |
| 3BR | $4,750 | $3,413 | +$1,338 (+39.2%) |
| 4BR | $6,800 | $4,200 | +$2,600 (+61.9%) |
| 4BR | $15,888 | $4,200 | +$11,688 (+278.3%) |
| 4BR | $13,125 | $4,200 | +$8,925 (+212.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.