Monthly Rent Report
Upper East Side Rent Report — May 2024
Asking rents in ZIP 10028, New York City, from 484 listings.
Median 1BR rent in Upper East Side was $4,108 in May 2024, down 0.4% (−$17) from April 2024 and up 11.0% year-over-year. The middle half of 1BR listings asked between $3,366 and $4,849. That puts Upper East Side $1,683 above the New York City citywide 1BR median of $2,425. The month's figures are based on 484 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,675 | +$75 (+2.9%) | −$1,640 (-38.0%) | $2,485 – $3,073 | 79 |
| Studio | $2,795 | +$195 (+7.5%) | −$1,520 (-35.2%) | $2,573 – $3,950 | 39 |
| Studio | $3,300 | +$700 (+26.9%) | −$1,015 (-23.5%) | $3,300 – $3,300 | 1 |
| 1BR | $4,108 | −$17 (-0.4%) | +$408 (+11.0%) | $3,366 – $4,849 | 2 |
| 1BR | $3,200 | −$925 (-22.4%) | −$500 (-13.5%) | $2,850 – $4,395 | 115 |
| 1BR | $3,300 | −$825 (-20.0%) | −$400 (-10.8%) | $2,998 – $4,479 | 61 |
| 2BR | $6,050 | +$200 (+3.4%) | +$1,455 (+31.7%) | $4,238 – $8,109 | 38 |
| 2BR | $3,495 | −$2,355 (-40.3%) | −$1,100 (-23.9%) | $3,495 – $3,495 | 1 |
| 2BR | $4,497 | −$1,353 (-23.1%) | −$98 (-2.1%) | $3,825 – $6,300 | 78 |
| 3BR | $6,500 | +$750 (+13.0%) | +$500 (+8.3%) | $5,613 – $9,775 | 32 |
| 3BR | $3,500 | −$2,250 (-39.1%) | −$2,500 (-41.7%) | $3,500 – $3,500 | 1 |
| 3BR | $8,995 | +$3,245 (+56.4%) | +$2,995 (+49.9%) | $5,400 – $13,085 | 25 |
| 4BR | $18,250 | +$3,251 (+21.7%) | +$6,750 (+58.7%) | $18,250 – $18,250 | 1 |
| 4BR | $7,800 | −$7,199 (-48.0%) | −$3,700 (-32.2%) | $6,410 – $8,000 | 7 |
| 4BR | $14,999 | $0 (0.0%) | +$3,499 (+30.4%) | $11,700 – $16,625 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Upper East Side vs. New York City — May 2024
| Bedrooms | Upper East Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,675 | $2,350 | +$325 (+13.8%) |
| Studio | $2,795 | $2,350 | +$445 (+18.9%) |
| Studio | $3,300 | $2,350 | +$950 (+40.4%) |
| 1BR | $4,108 | $2,425 | +$1,683 (+69.4%) |
| 1BR | $3,200 | $2,425 | +$775 (+32.0%) |
| 1BR | $3,300 | $2,425 | +$875 (+36.1%) |
| 2BR | $6,050 | $2,914 | +$3,137 (+107.7%) |
| 2BR | $3,495 | $2,914 | +$582 (+20.0%) |
| 2BR | $4,497 | $2,914 | +$1,584 (+54.4%) |
| 3BR | $6,500 | $3,600 | +$2,900 (+80.6%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
| 3BR | $8,995 | $3,600 | +$5,395 (+149.9%) |
| 4BR | $18,250 | $4,250 | +$14,000 (+329.4%) |
| 4BR | $7,800 | $4,250 | +$3,550 (+83.5%) |
| 4BR | $14,999 | $4,250 | +$10,749 (+252.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.