Average Rent in Midtown East, New York, NY

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Current Versus Historical Midtown East, New York, NY Rents

Midtown East rentals average $3,495 for a studio rental to $8,995 for a 4-bedroom rental. The median price of all currently available listings is $4,950, or roughly $6 per square feet.
For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have increased by $208 (6.68%) year-over-year from $3,117 to $3,325. 1-bedroom rentals prices have increased by $217 (5.06%) year-over-year from $4,283 to $4,500. 2-bedroom rentals prices have increased by $192 (3.25%) year-over-year from $5,908 to $6,100. 3-bedroom rentals prices have increased by $1,215 (16.03%) year-over-year from $7,580 to $8,795. 4-bedroom rentals prices have decreased by $1,832 (-17.90%) year-over-year from $10,232 to $8,400. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.79% this month. 1-bedroom rents have gone up by 1.93% this month. 2-bedroom rents have gone up by 0.83% this month. 3-bedroom rents have gone up by 5.19% this month. 4-bedroom rents have gone down by 1.95% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.07 $3,325 $3,117 (6.68%) $2,778 (19.68%)
1 BR $5.82 $4,500 $4,283 (5.06%) $3,817 (17.90%)
2 BR $5.77 $6,100 $5,908 (3.25%) $5,568 (9.55%)
3 BR $6.97 $8,795 $7,580 (16.03%) $7,490 (17.42%)
4+ BR $6.37 $8,400 $10,232 (-17.90%) $7,625 (10.16%)

Historical Rents in Midtown East, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Midtown East

There are a total of 17 cities nearby Midtown East. The average rent in Midtown East is currently $3,600 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,073, is the most affordable city nearby. In contrast, the most expensive city near Midtown East, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,500 per month.

Let's compare Midtown East, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Midtown East, New York, NY is 57.22% more expensive than other cities nearby. One bedrooms are about 40.29% more expensive. Two bedrooms in Midtown East, New York, NY are about 41.56% more expensive. Finally, rent for three bedrooms are about 52.25% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Midtown East, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $1,850 $2,200 $2,600 $2,600
Asbury Park, NJ $1,888 $2,250 $2,800 $2,975
Stamford, CT $1,918 $2,275 $3,000 $3,000
White Plains, NY $2,100 $2,690 $3,550 $3,495
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Oakhurst, NJ N/A N/A N/A $3,800
Long Branch, NJ N/A $3,000 $3,600 $3,999
New York, NY $3,438 $4,217 $5,300 $4,263
Harrison, NY $2,745 $3,090 $4,203 $4,469

Top Neighborhoods Near Midtown East

There are a total of 58 neighborhoods in or near Midtown East. Some of these neighborhoods include Astoria, East Harlem, and Long Island City. We've included the top 30 neighborhoods out of 58 total neighborhoods in or near Midtown East, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Midtown East, New York, NY is currently around $4,327 per month. A total of 42 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Midtown East, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $9,850 average rent per month, SoHo is the most expensive neighborhood in or near Midtown East. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Astoria, New York, NY $2,441 $2,980 $3,585 $3,178
East Harlem, New York, NY $3,620 $2,822 $3,173 $3,295
Long Island City, New York, NY $3,295 $3,793 $5,621 $4,000
Murray Hill, New York, NY $3,400 $4,400 $6,538 $4,075
Upper East Side, New York, NY $3,391 $4,200 $5,954 $4,149
Financial District, New York, NY $3,525 $4,585 $6,400 $4,155
Bowery, New York, NY $2,800 $3,450 $4,995 $4,348
Hell's Kitchen, New York, NY $3,498 $4,043 $5,908 $4,350
Midtown South, New York, NY $3,990 $4,598 $8,295 $4,390
Kips Bay, New York, NY $3,535 $3,895 $5,340 $4,488
East Village, New York, NY $2,800 $3,695 $4,495 $4,495
Upper West Side, New York, NY $3,000 $4,481 $6,945 $4,497
Lower East Side, New York, NY $3,413 $4,950 $4,595 $4,679
NoLita, New York, NY N/A $4,595 $5,495 $4,695
Hudson Yards, New York, NY $3,500 $4,545 $6,795 $4,800
Greenpoint, New York, NY $3,650 $4,446 $5,963 $4,848
Williamsburg, New York, NY $3,722 $4,625 $5,369 $4,865
Little Italy, New York, NY $3,250 $4,250 $5,495 $5,000
Midtown, New York, NY $3,675 $4,436 $7,440 $5,000
Chelsea, New York, NY $3,878 $5,395 $7,867 $5,054
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,002 $5,235 $5,060
West Village, New York, NY $4,642 $5,495 $6,595 $5,365
Gramercy Park, New York, NY $3,750 $5,515 $5,595 $5,515
Flatiron District, New York, NY $4,650 $5,650 $10,995 $5,600
DUMBO, New York, NY $3,422 $5,069 $7,619 $5,613
Greenwich Village, New York, NY $4,000 $5,700 $6,850 $5,700
NoMad, New York, NY $4,444 $5,662 $8,746 $5,768
Battery Park City, New York, NY $5,100 $4,914 $7,995 $6,100
Tribeca, New York, NY $4,510 $6,879 $8,850 $7,149
SoHo, New York, NY $3,400 $5,000 $12,995 $9,850

Top Counties Near Midtown East

There are a total of 58 counties located by Midtown East, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,550. That's roughly around $3 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,073. Vice versa, with an average rent of $8,500, Spring Lake, NJ is the most expensive county by Midtown East, New York, NY.

Typically, rent for studios in Midtown East, New York, NY is 45.99% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Midtown East, New York, NY is 42.29% more expensive than other counties nearby. Finally, rent for two bedrooms in Midtown East, New York, NY is 44.03% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $1,850 $2,200 $2,600 $2,600
Bronx, New York, NY $2,200 $2,575 $3,026 $3,000
Queens, New York, NY $2,895 $2,900 $3,500 $3,266
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Hempstead, NY $2,000 $2,600 $3,200 $3,595
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Brooklyn, New York, NY $3,405 $3,599 $4,197 $3,800
Greenburgh, NY $2,075 $2,600 $3,650 $3,850
Manhattan, New York, NY $3,495 $4,495 $5,995 $4,500
North Hempstead, NY N/A $2,795 $4,100 $4,625

Top Zipcodes Near Midtown East

There are a total of 6 zipcodes in or near Midtown East, New York, NY. The average rent for all of these zipcodes is $3,648. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,995 per month. In comparison, the zipcode with the most expensive average rent of $4,902 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,810. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Midtown East, New York, NY is $3,725 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,554 per month. Which comes out to $5 per sqft. The following chart includes the top 6 zipcodes in Midtown East, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10023, New York, NY $2,900 $4,950 $7,863 $4,775
10128, New York, NY $3,350 $4,200 $5,460 $3,995
10035, New York, NY $2,299 $2,822 $3,048 $2,995
10280, New York, NY $3,600 $4,459 $6,462 $4,902
11375, New York, NY $2,720 $3,250 $3,648 $3,300
10463, New York, NY $2,600 $2,680 $3,295 $3,045

Frequently Asked Questions - Midtown East Average Rents

What is the average rent price in Midtown East, New York, NY?
The average monthly rental price for Midtown East, New York, NY apartments for rent is approximately $4,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Midtown East, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Midtown East, New York, NY.
How much is a studio apartment in Midtown East, New York, NY?
The average monthly rental price for studio apartments is $3,495 and an average price per square feet of $7.07. There are a total of 411 studio apartment listings currently available for rent in Midtown East.
How much is a one bedroom apartment in Midtown East, New York, NY?
The average monthly rental price for one bedroom apartments is $4,505 and an average price per square feet of $5.82. There are a total of 511 one bedroom apartment listings currently available for rent in Midtown East.
How much is a two bedroom apartment in Midtown East, New York, NY?
The average monthly rental price for two bedroom apartments is $6,075 and an average price per square feet of $5.77. There are a total of 396 two bedroom apartment listings currently available for rent in Midtown East.
How have rent prices in Midtown East, New York, NY changed this year?
Rent prices for rentals in Midtown East, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in Midtown East, New York, NY?
A reasonable rent price in Midtown East, New York, NY is around $3,960/month. You can search for these reasonably priced rental listings on RentHop.
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