Monthly Rent Report
ZIP 90016 Rent Report — August 2022
Asking rents in ZIP 90016, New York City, from 224 listings.
Median 1BR rent in ZIP 90016 was $3,000 in August 2022, up 17.6% (+$450) from July 2022 and up 66.7% year-over-year. The middle half of 1BR listings asked between $3,000 and $3,000. That puts ZIP 90016 $650 above the New York City citywide 1BR median of $2,350. The month's figures are based on 224 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$595 (+42.5%) | −$530 (-21.0%) | $1,995 – $3,058 | 11 |
| Studio | $2,995 | +$1,595 (+113.9%) | +$470 (+18.6%) | $2,495 – $3,261 | 3 |
| 1BR | $3,000 | +$450 (+17.6%) | +$1,200 (+66.7%) | $3,000 – $3,000 | 1 |
| 1BR | $3,544 | +$994 (+39.0%) | +$1,744 (+96.9%) | $2,323 – $3,961 | 50 |
| 2BR | $3,495 | +$1,048 (+42.8%) | +$550 (+18.7%) | $2,945 – $4,863 | 76 |
| 2BR | $1,900 | −$547 (-22.4%) | −$1,045 (-35.5%) | $1,900 – $1,900 | 1 |
| 3BR | $3,445 | −$230 (-6.3%) | $0 (0.0%) | $2,845 – $4,200 | 34 |
| 3BR | $3,795 | +$120 (+3.3%) | +$350 (+10.2%) | $3,795 – $3,795 | 1 |
| 4BR | $6,950 | +$2,455 (+54.6%) | +$2,800 (+67.5%) | $6,950 – $6,950 | 1 |
| 4BR | $5,000 | +$505 (+11.2%) | +$850 (+20.5%) | $4,750 – $5,750 | 35 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — August 2022
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $2,300 | −$305 (-13.3%) |
| Studio | $2,995 | $2,300 | +$695 (+30.2%) |
| 1BR | $3,000 | $2,350 | +$650 (+27.7%) |
| 1BR | $3,544 | $2,350 | +$1,194 (+50.8%) |
| 2BR | $3,495 | $2,800 | +$695 (+24.8%) |
| 2BR | $1,900 | $2,800 | −$900 (-32.1%) |
| 3BR | $3,445 | $3,350 | +$95 (+2.8%) |
| 3BR | $3,795 | $3,350 | +$445 (+13.3%) |
| 4BR | $6,950 | $4,224 | +$2,726 (+64.5%) |
| 4BR | $5,000 | $4,224 | +$776 (+18.4%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.