Monthly Rent Report
ZIP 90016 Rent Report — September 2022
Asking rents in ZIP 90016, New York City, from 197 listings.
Median 1BR rent in ZIP 90016 was $1,887 in September 2022, down 46.8% (−$1,657) from August 2022 and down 44.5% year-over-year. The middle half of 1BR listings asked between $1,869 and $1,906. That puts ZIP 90016 $413 below the New York City citywide 1BR median of $2,300. The month's figures are based on 197 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$1,495 (-49.9%) | −$1,272 (-45.9%) | $1,500 – $1,500 | 1 |
| Studio | $2,386 | −$609 (-20.3%) | −$386 (-13.9%) | $2,040 – $2,931 | 12 |
| 1BR | $1,887 | −$1,657 (-46.8%) | −$1,511 (-44.5%) | $1,869 – $1,906 | 2 |
| 1BR | $1,895 | −$1,649 (-46.5%) | −$1,503 (-44.2%) | $1,895 – $1,895 | 1 |
| 2BR | $3,875 | +$1,975 (+103.9%) | +$925 (+31.4%) | $2,833 – $4,972 | 98 |
| 2BR | $3,100 | +$1,200 (+63.2%) | +$150 (+5.1%) | $3,100 – $3,100 | 1 |
| 3BR | $4,250 | +$805 (+23.4%) | −$650 (-13.3%) | $3,445 – $4,496 | 72 |
| 3BR | $2,695 | −$750 (-21.8%) | −$2,205 (-45.0%) | $2,695 – $2,695 | 1 |
| 4BR | $4,895 | −$105 (-2.1%) | +$495 (+11.3%) | $4,345 – $5,445 | 2 |
| 4BR | $4,800 | −$200 (-4.0%) | +$400 (+9.1%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — September 2022
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,200 | −$700 (-31.8%) |
| Studio | $2,386 | $2,200 | +$186 (+8.5%) |
| 1BR | $1,887 | $2,300 | −$413 (-18.0%) |
| 1BR | $1,895 | $2,300 | −$405 (-17.6%) |
| 2BR | $3,875 | $2,800 | +$1,075 (+38.4%) |
| 2BR | $3,100 | $2,800 | +$300 (+10.7%) |
| 3BR | $4,250 | $3,395 | +$855 (+25.2%) |
| 3BR | $2,695 | $3,395 | −$700 (-20.6%) |
| 4BR | $4,895 | $3,998 | +$897 (+22.4%) |
| 4BR | $4,800 | $3,998 | +$802 (+20.1%) |
Citywide figure is the median of zip-level medians across 171 New York City zip codes with listings in September 2022.