Median rent for residential in as of Apr, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
536 Midtown East, New York, NY, USA apartments for rent
Midtown East
Classic New York City. Popular with families and successful professionals. Midtown is close to Grand Central Station, which makes commuting from here a breeze. It’s a great place to find high-rise apartments for rent. Midtown East is one of New York safest neighborhoods. Nature lovers will be at home here too, there are over 2000 trees in Midtown.
Overview
When you hear ‘New York’, what you imagine is Midtown East. Its soaring skyscrapers and world-class culture, world-known retail and popular sites attract tourists from all over the world. Ambitious financiers and top management working non-stop in Financial District favor Midtown East for its proximity to Wall Street and an exquisite scene of luxurious restaurants and chic lounge cocktail bars. Despite this, the neighborhood is comparatively quiet at day hours and calm at nights – the nightlife options, although prodigious, are scarce.
The affluent community, sparkling offices, and residential towers – that’s the image of Midtown East. It’s respectable and poised; it enraptures you with the well-balanced aristocratic confidence. This neighborhood steals a part of you and, if you leave, you immediately want to come back to its soft urban charm and delicate brilliance. In short, Midtown East is the quintessence of New York as you imagine it.
Business & Economy
The unique feature of Midtown East’s business is the iconic nature of its buildings – finding work in one of them would not be a difficult task, whether you specialize in arts, finance, media, IT, or human disciplines. But that’s not all to Midtown East professional scene: the district is a large shopping neighborhood that combines commerce, retail, media, and entertainment. It also houses the headquarters of the United Nations, the landmark on itself.
Demographics
The public of Midtown East is extremely affluent and upscale. The majority of local residents are white-collars and Manhattan suits; incomes and real estate prices are equally high. Quality education is ubiquitous, children and families, on the other hand, are rare. It’s obviously the area of working, high-paid professionals. Beware of the tourists; the proximity of all of New York City’s major sites make Midtown East one of the most attractive areas of the city.
Entertainment
Several of the world’s most visited tourist sites are located in Midtown East. Grand Central Station, famous skyscrapers the Empire State Building and the Chrysler Building are all there.Fashion is Midtown East’s second name: everywhere you turn your head, there are world-known brands and exclusive designers, large department stores like Bloomingdales and deluxe boutiques. Art is also a no-forget in Midtown East, New York: start at MoMA and walk out of the neighborhood along the Museum Mile all the way to Guggenheim.
Housing Trends
How much is an apartment in Midtown East, New York, NY, USA
Average rent in Midtown East: $9,446 (+13.5%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | $4,031 | +8.3% |
| 2 bed rentals | $6,955 | -15.1% |
| 3 bed rentals | $25,303 | +98.4% |
| 4+ bed rentals | $8,785 | -23.2% |
Over the Apr 2022, the average rent for an apartment in/near Midtown East, Manhattan, New York, NY increased by 13.5% to $9,446.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $4,031 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $6,955. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $25,303. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $8,785 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | $5,940 | -34% |
| Room rentals | $1,675 | N/A |
| Condo rentals | $16,173 | +100.7% |
| House rentals | $6,755 | +84.6% |
| Townhouse rentals | $3,000 | N/A |
Looking at the median rent price for an apartment in Midtown East, Manhattan, New York, NY, you can note that it remains flat with a price tag of $5,940. The median rent for a house is still $6,755 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $16,173. If you’re looking for a room, the price tag still starts at $1,675. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $3,000.
Finding Apartments in Midtown East for Rent
The best thing about condos for rent in Midtown East, New York, is that it’s five minutes from all the best the Big Apple offers. Five minutes ride will take you to Times Square and Broadway. Five minutes stroll offers you gorgeous dining scene from delis and Starbucks to superior restaurants.
Finding rooms for rent in Midtown East, New York, means you’ll always be near one or the other attraction – the Seagram, Chrysler or Empire State Buildings, the Park Avenue or Waldorf-Astoria hotels, not to mention the shoppers’ paradise of 5th Avenue on the western border of the neighborhood. Take care of the prices: even the studio condos for rent in Midtown East are quite expensive, but that’s what you pay for vigorous days and calm nights.
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