Average rent in Midtown South
October 2026 asking-rent percentiles by bedroom size.
The median asking rent for a 1 bedroom in Midtown South is $4,995 as of October 2026, based on 320 observations for that apartment size. The middle of the market extends from about $4,400 at the 30th percentile to $5,395 at the 70th percentile.
| Size | 10th | 30th | Median | 70th | 90th | Sample |
|---|---|---|---|---|---|---|
| Studio | $3,300 | $3,650 | $3,990 | $4,275 | $4,620 | 251 |
| 1 Bedroom | $3,800 | $4,400 | $4,995 | $5,395 | $6,196 | 320 |
| 2 Bedrooms | $4,500 | $6,150 | $7,200 | $8,480 | $9,195 | 101 |
| 3 Bedrooms | $4,500 | $5,147 | $6,100 | $7,594 | $14,346 | 12 |
What the rent range shows
For 1 bedroom apartments, the 10th-to-90th-percentile spread is $3,800 to $6,196, a difference of $2,397. That range describes current asking prices, not signed lease rents, and the sample size shown beside each row applies only to that bedroom size.
Across 686 neighborhood observations, published bedroom medians are studio $3,990 (251 observations); 1 bedroom $4,995 (320 observations); 2 bedrooms $7,200 (101 observations); 3 bedrooms $6,100 (12 observations).
How to use this data
Compare an apartment's asking rent with the percentile range for the same bedroom count. A listing below the 30th percentile is inexpensive relative to this sample; one above the 70th percentile is at the higher end. Differences in condition, concessions, exact location, amenities, and listing age can still explain a large price gap.
Use this number to check the income required under NYC's 40x rule, learn how to find rent-stabilized apartments, or decide when to start your search.
RentReboot removes current bedroom groups with fewer than 5 observations from this report. Historical figures are independently labeled and use at most the latest 100 valid observations. Read the rent-data methodology, compare the NYC market summary, or inspect recent Midtown South listings.