Monthly Rent Report

ZIP 90016 Rent Report — October 2022

Asking rents in ZIP 90016, New York City, from 53 listings.

Median 1BR rent in ZIP 90016 was $2,000 in October 2022, up 6.0% (+$113) from September 2022 and up 17.6% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,375. That puts ZIP 90016 $255 below the New York City citywide 1BR median of $2,255. The month's figures are based on 53 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
Studio$2,040+$540 (+36.0%)+$545 (+36.5%)$2,040 – $2,0401
Studio$3,017+$1,517 (+101.1%)+$1,522 (+101.8%)$2,860 – $3,1752
1BR$2,000+$113 (+6.0%)+$300 (+17.6%)$2,000 – $2,37511
1BR$1,850−$37 (-2.0%)+$150 (+8.8%)$1,850 – $1,8501
2BR$2,795−$1,080 (-27.9%)+$195 (+7.5%)$2,473 – $2,9983
2BR$2,950−$925 (-23.9%)+$350 (+13.5%)$2,450 – $2,9755
3BR$2,995+$300 (+11.1%)+$820 (+37.7%)$2,973 – $3,1453
3BR$4,072+$1,377 (+51.1%)+$1,897 (+87.2%)$3,900 – $4,0729
4BR$4,108−$692 (-14.4%)−$892 (-17.8%)$3,954 – $4,2622
4BR$4,198−$602 (-12.6%)−$802 (-16.1%)$3,995 – $4,47910

Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.

ZIP 90016 vs. New York CityOctober 2022

BedroomsZIP 90016 MedianNYC Citywide MedianDifference
Studio$2,040$2,283−$242 (-10.6%)
Studio$3,017$2,283+$735 (+32.2%)
1BR$2,000$2,255−$255 (-11.3%)
1BR$1,850$2,255−$405 (-18.0%)
2BR$2,795$2,700+$95 (+3.5%)
2BR$2,950$2,700+$250 (+9.3%)
3BR$2,995$3,200−$205 (-6.4%)
3BR$4,072$3,200+$872 (+27.3%)
4BR$4,108$3,999+$109 (+2.7%)
4BR$4,198$3,999+$199 (+5.0%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.

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