Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Manhattan Rental Leasing

Lease Your Midtown Rental

Professional media. 100+ site syndication. Thorough tenant screening. FARE Act compliant. Fill your vacancy faster with less hassle.

$5,765
Median Asking Rent
24
Competing Listings
+2.9%
Rent Change (YoY)
N/A
Avg Days on Market

Live RLS data

Midtown Rental Market

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Rental Prices by Bedroom

Type Available Median Rent Price Range
Studio 4 Too few listings $3K - $15K/mo View →
1 Bedroom 10 $5,148/mo $4K - $9K/mo View →
2 Bedrooms 6 $9,500/mo $5K - $17K/mo View →
3 Bedrooms 2 Too few listings $9K - $18K/mo View →
4 Bedrooms 1 Too few listings $20K/mo View →

Based on 24 active rentals · Live RLS data

Recently Rented in Midtown

6 recent rental comps · Closed lease data from RLS

$10,500/mo

Rented

721 Fifth Avenue #37A

2 bed3 bath1,465 sqft

Listed by Keller Williams NYC

$4,000/mo

Rented

150 W 56TH Street #3011

1 bed1 bath530 sqft

Listed by Douglas Elliman Real Estate

$7,000/mo

Rented

18 W 48TH Street #15E

1 bed2 bath918 sqft

Listed by Serhant

$4,150/mo

Rented

159 W 53RD Street #25C

1 bed1 bath660 sqft

Listed by Serhant

$8,195/mo

Rented

230 W 55TH Street #17D

3 bed2 bath

Listed by Douglas Elliman Real Estate

$4,695/mo

Rented

230 W 55TH Street #31C

1 bed1 bath615 sqft

Listed by Douglas Elliman Real Estate

REBNY RLS Powered by RLS

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Why Landlords Choose Milton

Dual MLS Syndication
Your listing reaches 57,000+ agents through both REBNY RLS and OneKey MLS, plus StreetEasy, Zillow, and 100+ sites.
Professional Media Package
HDR photography, 3D Matterport tours, cinematic video, and virtual staging included with every listing.
Thorough Tenant Screening
Credit, employment, rental history, and reference verification. Fair housing compliant screening that protects you.
FARE Act Compliance
Full documentation, proper fee disclosures, and compliant advertising so your leasing process is legally protected.
Bilingual: English & Spanish
Reach a wider tenant pool. Full service in both languages. Hablo Español.
Milton Coste, NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC | License #10301213304

See The Difference

Professional Media Showcase

Drag the sliders to compare. Every rental listing gets a full media package at no extra cost.

Photography & Decluttering

Decluttered Professional Photo
Before Decluttering
Before Decluttered

Professional HDR photography + digital decluttering

Virtual Staging

Staged Bedroom
Empty Bedroom
Empty Staged

Virtually staged using AI technology. Actual property may appear different.

Interactive 3D Matterport Tour

Click and drag to explore · Out-of-state tenants can tour remotely

Professional Floorplan

Sample Floor Plan

Accurate dimensions · PDF & interactive versions

Cinematic Property Tour

Social Media Reel

Instagram, TikTok & Facebook Reels

Included in every rental listing: Professional HDR photography · 3D virtual tours · Video walkthroughs · Virtual staging · Floorplans

Maximum Distribution

  • RLS/REBNY + StreetEasy + Zillow + 50+ sites
  • Social media campaigns across all platforms
  • Email blasts to 20,000+ contacts
  • Agent networking: 57,000+ NYC brokers

Smart Marketing

  • Virtual staging & decluttering
  • SEO-optimized listing descriptions
  • Precision tenant targeting
  • 24/7 automated lead response

Data-Driven Pricing

Real-time MLS rental comps, building lease history, and market trend analysis to price your unit competitively and minimize vacancy days.

Thorough Tenant Screening

Credit checks, employment verification, rental history review, and reference checks. Fair housing compliant screening that protects your investment.

Advanced Market Analytics

Data-driven listing descriptions that highlight your property's best features, targeted ad campaigns that reach qualified tenants, and real-time market analysis to optimize pricing and timing.

FARE Act Compliance: What Landlords Need to Know

The Fairness in Apartment Rental Expenses Act (effective June 2025) changed how rental transactions work in NYC. I ensure your listing is fully compliant:

Compliant fee structures and disclosure documents
Written fee disclosures prepared before lease signing
Fair housing compliant advertising and screening
Full documentation trail protecting your interests

Read our full FARE Act breakdown →

How It Works

The Leasing Process

1

Property Evaluation

Assess condition, recommend improvements, set competitive market rent

2

Professional Marketing

HDR photos, 3D tours, video, and syndication to 100+ sites

3

Showings

I handle all inquiries and conduct showings. You do not lift a finger.

4

Tenant Screening

Credit, employment, rental history, and reference verification

5

Lease Execution

FARE-compliant lease with all required disclosures and documentation

6

Move-In

Key exchange, move-in inspection, and tenant onboarding

Landlord FAQ: Renting in Midtown

What are current rental rates in Midtown?

The median asking rent is $5,765 per month, with rents up 2.9% year-over-year. There are currently 24 competing listings on the market. I provide a detailed rental comp analysis to price your unit competitively.

How quickly can you fill my vacancy?

With professional media (HDR photos, 3D Matterport, video), syndication to 100+ listing sites, and my network of 57,000+ agents through dual MLS access, most well-priced units receive qualified applications within the first two weeks of listing.

How do you screen tenants?

I run comprehensive screening that includes credit checks, employment verification, rental history review, and reference checks. All screening follows fair housing guidelines and FARE Act requirements to protect you legally.

What does your leasing service include?

Everything from professional photography and listing creation, to showings, application processing, lease preparation, and move-in coordination. I also handle FARE Act compliance documentation so you are fully protected.

For Property Owners

Own a Rental in Midtown?

I help landlords fill vacancies faster with professional marketing, thorough tenant screening, and full FARE Act compliance.

Professional Media

HDR photos, 3D Matterport, cinematic video, virtual staging

Maximum Exposure

StreetEasy, Zillow, Apartments.com, Homes.com + 100 sites via MLS

Tenant Screening

Credit, employment verification, rental history, and reference checks

Rent data for Midtown

Asking rents in July 2026, by apartment size.

The median asking rent for an apartment in Midtown was $5,800 in July 2026, based on 395 active listings (StreetEasy Data Dashboard).

How much is a studio in Midtown?

The median asking rent for a studio in Midtown was $3,930 in July 2026, based on 64 active listings (StreetEasy Data Dashboard). That is 0.8% higher than July 2025.

Median: $3,930 Year over year: +0.8% Listings: 64

How much is a 1 bedroom in Midtown?

The median asking rent for a one-bedroom in Midtown was $5,630 in July 2026, based on 182 active listings (StreetEasy Data Dashboard). That is 17.1% higher than July 2025.

Median: $5,630 Year over year: +17.1% Listings: 182

How much is a 2 bedroom in Midtown?

The median asking rent for a two-bedroom in Midtown was $7,955 in July 2026, based on 111 active listings (StreetEasy Data Dashboard). That is 6.4% lower than July 2025.

Median: $7,955 Year over year: -6.4% Listings: 111

How much is a 3 bedroom in Midtown?

The median asking rent for a three-bedroom or larger apartment in Midtown was $15,800 in July 2026, based on 38 active listings (StreetEasy Data Dashboard). That is 5.3% higher than July 2025.

Median: $15,800 Year over year: +5.3% Listings: 38

What each number means

  • Median: half the apartments listed asked more than this and half asked less. One very expensive listing cannot drag this number the way an average gets dragged.
  • Year over year: compared with the same month last year, so seasons do not distort it.
  • Listings counted: how many apartments were actually listed for rent here that month. Fewer listings usually means renters have less to choose from and owners have more room on price.
  • Asking rent, not rent paid: these are asking prices on listings, not signed leases. Final rents can land above or below asking.

Source: StreetEasy Data Dashboard, July 2026. Aggregate rental market data, not individual listings.

Own an apartment here?

I set the asking price, run the marketing, and screen the applicants, and I will tell you what comparable units in your building are actually asking.

List my rental

Paying rent instead?

Renting at around $5,800 a month? The calculator compares that payment against what buying actually costs.

Compare rent vs buy

Thinking of selling instead?

Plenty of owners land here deciding between a tenant and a closing, and that question settles on paper before it settles on preference.

The median recorded sale price for a home in Midtown was $1,500,000 in July 2026, across 20 recorded sales (StreetEasy Data Dashboard). That is 12.4% lower than July 2025.

These figures describe the market in the month named, not live inventory. The active listings on this site come straight from the RLS feed.

Rent Your Midtown Property Faster

Free landlord consultation. Professional marketing, thorough tenant screening, and full FARE Act compliance for your rental listing.

Milton Coste

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC | Lic. #10301213304

Hablo Español · English & Spanish

Schedule with Milton

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