Monthly Rent Report
Upper East Side Rent Report — May 2024
Asking rents in ZIP 10065, New York City, from 365 listings.
Median 1BR rent in Upper East Side was $12,500 in May 2024, up 257.1% (+$9,000) from April 2024 and up 166.0% year-over-year. The middle half of 1BR listings asked between $12,500 and $12,500. That puts Upper East Side $10,075 above the New York City citywide 1BR median of $2,425. The month's figures are based on 365 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,000 | +$105 (+3.6%) | +$116 (+4.0%) | $2,650 – $3,800 | 61 |
| Studio | $3,150 | +$255 (+8.8%) | +$266 (+9.2%) | $3,150 – $3,150 | 1 |
| 1BR | $12,500 | +$9,000 (+257.1%) | +$7,800 (+166.0%) | $12,500 – $12,500 | 1 |
| 1BR | $3,950 | +$450 (+12.9%) | −$750 (-16.0%) | $2,996 – $5,000 | 130 |
| 2BR | $5,200 | +$2,750 (+112.2%) | −$3,800 (-42.2%) | $4,000 – $10,871 | 90 |
| 2BR | $6,900 | +$4,450 (+181.6%) | −$2,100 (-23.3%) | $6,900 – $6,900 | 1 |
| 3BR | $12,600 | −$3,400 (-21.3%) | +$1,100 (+9.6%) | $7,663 – $17,500 | 6 |
| 3BR | $9,500 | −$6,500 (-40.6%) | −$2,000 (-17.4%) | $6,248 – $16,750 | 63 |
| 4BR | $14,700 | +$2,700 (+22.5%) | −$1,300 (-8.1%) | $14,700 – $14,700 | 1 |
| 4BR | $16,500 | +$4,500 (+37.5%) | +$500 (+3.1%) | $14,850 – $17,875 | 7 |
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 | $3,000 | $2,350 | +$650 (+27.7%) |
| Studio | $3,150 | $2,350 | +$800 (+34.0%) |
| 1BR | $12,500 | $2,425 | +$10,075 (+415.5%) |
| 1BR | $3,950 | $2,425 | +$1,525 (+62.9%) |
| 2BR | $5,200 | $2,914 | +$2,287 (+78.5%) |
| 2BR | $6,900 | $2,914 | +$3,987 (+136.8%) |
| 3BR | $12,600 | $3,600 | +$9,000 (+250.0%) |
| 3BR | $9,500 | $3,600 | +$5,900 (+163.9%) |
| 4BR | $14,700 | $4,250 | +$10,450 (+245.9%) |
| 4BR | $16,500 | $4,250 | +$12,250 (+288.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.