Monthly Rent Report

Upper East Side Rent Report — May 2023

Asking rents in ZIP 10065, New York City, from 329 listings.

Median 1BR rent in Upper East Side was $4,500 in May 2023, down 5.3% (−$250) from April 2023 and up 14.6% year-over-year. The middle half of 1BR listings asked between $3,350 and $5,888. That puts Upper East Side $2,023 above the New York City citywide 1BR median of $2,477. The month's figures are based on 329 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2023Vs. May 2022P25–P75 RangeListings
Studio$3,200−$800 (-20.0%)−$295 (-8.4%)$2,675 – $3,88936
Studio$2,884−$1,116 (-27.9%)−$611 (-17.5%)$2,884 – $2,8841
1BR$4,500−$250 (-5.3%)+$575 (+14.6%)$3,350 – $5,888130
1BR$4,700−$50 (-1.1%)+$775 (+19.7%)$4,700 – $4,7001
2BR$2,400−$5,500 (-69.6%)−$2,400 (-50.0%)$2,400 – $2,4001
2BR$9,000+$1,100 (+13.9%)+$4,200 (+87.5%)$7,000 – $13,50098
3BR$9,900$0 (0.0%)−$8,100 (-45.0%)$4,071 – $12,37510
3BR$11,500+$1,600 (+16.2%)−$6,500 (-36.1%)$4,371 – $14,50036
4BR$16,000−$1,900 (-10.6%)$16,000 – $16,0001
4BR$19,000+$1,100 (+6.1%)$14,500 – $19,37515

Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.

Upper East Side vs. New York CityMay 2023

BedroomsUpper East Side MedianNYC Citywide MedianDifference
Studio$3,200$2,450+$750 (+30.6%)
Studio$2,884$2,450+$434 (+17.7%)
1BR$4,500$2,477+$2,023 (+81.7%)
1BR$4,700$2,477+$2,223 (+89.7%)
2BR$2,400$2,800−$400 (-14.3%)
2BR$9,000$2,800+$6,200 (+221.4%)
3BR$9,900$3,225+$6,675 (+207.0%)
3BR$11,500$3,225+$8,275 (+256.6%)
4BR$16,000$4,000+$12,000 (+300.0%)
4BR$19,000$4,000+$15,000 (+375.0%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.

Advertisement