Monthly Rent Report

ZIP 90016 Rent Report — December 2022

Asking rents in ZIP 90016, New York City, from 162 listings.

Median 1BR rent in ZIP 90016 was $2,171 in December 2022, up 26.2% (+$451) from November 2022 and up 12.8% year-over-year. The middle half of 1BR listings asked between $1,800 and $3,200. That puts ZIP 90016 $51 below the New York City citywide 1BR median of $2,222. The month's figures are based on 162 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$1,746+$251 (+16.8%)+$451 (+34.8%)$1,674 – $1,87730
Studio$1,746+$251 (+16.8%)+$451 (+34.8%)$1,534 – $1,81514
1BR$2,171+$451 (+26.2%)+$247 (+12.8%)$1,800 – $3,20020
1BR$1,923+$203 (+11.8%)−$2 (-0.1%)$1,886 – $1,9592
2BR$2,650$0 (0.0%)+$364 (+15.9%)$2,495 – $2,90037
2BR$3,995+$1,345 (+50.8%)+$1,709 (+74.7%)$3,995 – $3,9951
3BR$2,000−$1,484 (-42.6%)−$1,950 (-49.4%)$2,000 – $2,0001
3BR$3,800+$316 (+9.1%)−$150 (-3.8%)$3,495 – $4,32528
4BR$3,499−$900 (-20.5%)−$1,176 (-25.2%)$3,499 – $3,4991
4BR$4,695+$296 (+6.7%)+$20 (+0.4%)$4,523 – $4,99525

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

ZIP 90016 vs. New York CityDecember 2022

BedroomsZIP 90016 MedianNYC Citywide MedianDifference
Studio$1,746$2,098−$351 (-16.8%)
Studio$1,746$2,098−$351 (-16.8%)
1BR$2,171$2,222−$50 (-2.3%)
1BR$1,923$2,222−$299 (-13.5%)
2BR$2,650$2,700−$50 (-1.9%)
2BR$3,995$2,700+$1,295 (+48.0%)
3BR$2,000$3,200−$1,200 (-37.5%)
3BR$3,800$3,200+$600 (+18.8%)
4BR$3,499$3,750−$251 (-6.7%)
4BR$4,695$3,750+$945 (+25.2%)

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

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