Monthly Rent Report
Upper East Side Rent Report — May 2024
Asking rents in ZIP 10128, New York City, from 736 listings.
Median 1BR rent in Upper East Side was $3,113 in May 2024, down 11.7% (−$412) from April 2024 and up 3.8% year-over-year. The middle half of 1BR listings asked between $2,600 and $4,144. That puts Upper East Side $688 above the New York City citywide 1BR median of $2,425. The month's figures are based on 736 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | −$1,150 (-31.1%) | +$50 (+2.0%) | $2,500 – $2,850 | 37 |
| Studio | $3,190 | −$510 (-13.8%) | +$690 (+27.6%) | $2,450 – $3,888 | 152 |
| Studio | $4,195 | +$495 (+13.4%) | +$1,695 (+67.8%) | $4,195 – $4,195 | 1 |
| 1BR | $3,113 | −$412 (-11.7%) | +$113 (+3.8%) | $2,600 – $4,144 | 208 |
| 1BR | $3,198 | −$327 (-9.3%) | +$198 (+6.6%) | $2,827 – $4,188 | 58 |
| 1BR | $5,200 | +$1,675 (+47.5%) | +$2,200 (+73.3%) | $5,200 – $5,200 | 1 |
| 2BR | $4,950 | +$1,000 (+25.3%) | +$1,075 (+27.7%) | $4,950 – $4,950 | 1 |
| 2BR | $4,025 | +$75 (+1.9%) | +$150 (+3.9%) | $3,700 – $5,588 | 46 |
| 2BR | $3,700 | −$250 (-6.3%) | −$175 (-4.5%) | $3,050 – $5,750 | 131 |
| 3BR | $9,900 | +$3,825 (+63.0%) | +$3,705 (+59.8%) | $9,900 – $9,900 | 1 |
| 3BR | $5,475 | −$600 (-9.9%) | −$720 (-11.6%) | $4,500 – $6,995 | 58 |
| 3BR | $6,398 | +$323 (+5.3%) | +$203 (+3.3%) | $5,275 – $9,400 | 22 |
| 4BR | $9,500 | −$4,000 (-29.6%) | −$5,500 (-36.7%) | $8,500 – $9,698 | 7 |
| 4BR | $8,500 | −$5,000 (-37.0%) | −$6,500 (-43.3%) | $8,500 – $8,500 | 2 |
| 4BR | $9,500 | −$4,000 (-29.6%) | −$5,500 (-36.7%) | $8,000 – $13,500 | 5 |
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 | $2,550 | $2,350 | +$200 (+8.5%) |
| Studio | $3,190 | $2,350 | +$840 (+35.7%) |
| Studio | $4,195 | $2,350 | +$1,845 (+78.5%) |
| 1BR | $3,113 | $2,425 | +$688 (+28.4%) |
| 1BR | $3,198 | $2,425 | +$773 (+31.9%) |
| 1BR | $5,200 | $2,425 | +$2,775 (+114.4%) |
| 2BR | $4,950 | $2,914 | +$2,037 (+69.9%) |
| 2BR | $4,025 | $2,914 | +$1,112 (+38.1%) |
| 2BR | $3,700 | $2,914 | +$787 (+27.0%) |
| 3BR | $9,900 | $3,600 | +$6,300 (+175.0%) |
| 3BR | $5,475 | $3,600 | +$1,875 (+52.1%) |
| 3BR | $6,398 | $3,600 | +$2,798 (+77.7%) |
| 4BR | $9,500 | $4,250 | +$5,250 (+123.5%) |
| 4BR | $8,500 | $4,250 | +$4,250 (+100.0%) |
| 4BR | $9,500 | $4,250 | +$5,250 (+123.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.