Monthly Rent Report
ZIP 90016 Rent Report — November 2022
Asking rents in ZIP 90016, New York City, from 65 listings.
Median 1BR rent in ZIP 90016 was $1,720 in November 2022, down 7.0% (−$130) from October 2022 and down 4.4% year-over-year. The middle half of 1BR listings asked between $1,708 and $1,733. That puts ZIP 90016 $524 below the New York City citywide 1BR median of $2,244. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$545 (-26.7%) | −$504 (-25.2%) | $1,495 – $1,495 | 2 |
| Studio | $2,295 | +$255 (+12.5%) | +$296 (+14.8%) | $2,295 – $2,295 | 1 |
| 1BR | $1,720 | −$130 (-7.0%) | −$80 (-4.4%) | $1,708 – $1,733 | 2 |
| 1BR | $1,720 | −$130 (-7.0%) | −$80 (-4.4%) | $1,720 – $1,720 | 1 |
| 2BR | $2,650 | −$145 (-5.2%) | −$350 (-11.7%) | $2,650 – $2,650 | 2 |
| 2BR | $1,950 | −$845 (-30.2%) | −$1,050 (-35.0%) | $1,950 – $1,950 | 1 |
| 3BR | $3,484 | +$489 (+16.3%) | −$416 (-10.7%) | $3,484 – $3,484 | 3 |
| 3BR | $3,484 | +$489 (+16.3%) | −$416 (-10.7%) | $3,200 – $3,799 | 15 |
| 4BR | $4,399 | +$202 (+4.8%) | +$749 (+20.5%) | $4,180 – $4,499 | 31 |
| 4BR | $4,080 | −$118 (-2.8%) | +$430 (+11.8%) | $4,034 – $4,125 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — November 2022
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $2,148 | −$653 (-30.4%) |
| Studio | $2,295 | $2,148 | +$147 (+6.8%) |
| 1BR | $1,720 | $2,244 | −$524 (-23.3%) |
| 1BR | $1,720 | $2,244 | −$524 (-23.3%) |
| 2BR | $2,650 | $2,700 | −$50 (-1.9%) |
| 2BR | $1,950 | $2,700 | −$750 (-27.8%) |
| 3BR | $3,484 | $3,200 | +$284 (+8.9%) |
| 3BR | $3,484 | $3,200 | +$284 (+8.9%) |
| 4BR | $4,399 | $3,900 | +$499 (+12.8%) |
| 4BR | $4,080 | $3,900 | +$180 (+4.6%) |
Citywide figure is the median of zip-level medians across 170 New York City zip codes with listings in November 2022.