Midtown South (prime, ~$92/sqft/yr) is one of 7 New York Class A submarkets we track.

• Midtown South sits at prime tier.
• Average rent $92/sqft/yr vs city average 102.
• Compared submarkets: Midtown (trophy), Hudson Yards (trophy), Financial District (established).

TL;DR

• Midtown South sits at prime tier.
• Average rent $92/sqft/yr vs city average 102.
• Compared submarkets: Midtown (trophy), Hudson Yards (trophy), Financial District (established).

Side-by-side with peers

**Midtown** (trophy, $128/sqft/yr) — Park Avenue, Sixth Avenue, the global financial spine. **Hudson Yards** (trophy, $130/sqft/yr) — The largest private real-estate development in US history. **Financial District** (established, $68/sqft/yr) — The reborn Downtown — bigger floor plates, lower rent. **SoHo & Tribeca** (prime, $95/sqft/yr) — Boutique HQs in the city's most photogenic loft stock. **Chelsea & Meatpacking** (prime, $102/sqft/yr) — Tech and media's preferred West Side address.

Key facts

Frequently asked questions

What other submarkets compete with Midtown South in New York?

Midtown, Hudson Yards, Financial District

Related

• Midtown South — submarket overview
• New York — full city profile
• New York submarkets — all
• Midtown South — Rents
• Midtown South — Tenants
• Midtown South — Transit
• Midtown South — Amenity

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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