Midtown East, New York, NY—10017

As of July '25, Rentcast reports the average rent in Midtown East, New York, NY is $5,150, with a year-over-year rent change of -4.1%. Per bedroom, the median rent as of July '25 in Midtown East, New York, NY is studios: $3,780, 1-bedrooms: $5,030, 2-bedrooms: $6,420, 3-bedrooms: $7,910, 4-bedrooms: $8,790. The most common rental property sizes in Midtown East, New York, NY are 1-bedroom and studio, accounting for 54.7% and 32.3% of the rental stock.

As of the latest ACS Survey released in 2023, Midtown East, New York, NY has a population of 15,000, which has decreased by -5.2% over the past 5 years. Midtown East, New York, NY is a less popular place for families, as children make up 4.0% of the population. The area has a highly educated workforce, with 85.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.2% reporting working from home.

As of the latest ACS Survey released in 2023, Midtown East, New York, NY is a predominantly white area, with 65.7% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Midtown East, New York, NY is asian, making up 18.3% of the population. Foreign-born residents account for 32.4% of the population in Midtown East, New York, NY, and this percentage has increased by 0.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in Midtown East, New York, NY under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Midtown East, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.