Monthly Rent Report
ZIP 90016 Rent Report — January 2023
Asking rents in ZIP 90016, New York City, from 406 listings.
Median 1BR rent in ZIP 90016 was $2,196 in January 2023, up 1.2% (+$25) from December 2022 and up 4.6% year-over-year. The middle half of 1BR listings asked between $1,844 and $3,409. That puts ZIP 90016 $93 below the New York City citywide 1BR median of $2,289. The month's figures are based on 406 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$351 (-20.1%) | −$130 (-8.5%) | $1,395 – $1,395 | 1 |
| Studio | $1,821 | +$75 (+4.3%) | +$296 (+19.4%) | $1,746 – $1,896 | 45 |
| 1BR | $2,196 | +$25 (+1.2%) | +$97 (+4.6%) | $1,844 – $3,409 | 104 |
| 1BR | $1,795 | −$376 (-17.3%) | −$304 (-14.5%) | $1,795 – $1,795 | 1 |
| 2BR | $3,099 | +$449 (+16.9%) | +$704 (+29.4%) | $2,695 – $4,485 | 126 |
| 2BR | $2,395 | −$255 (-9.6%) | $0 (0.0%) | $2,395 – $2,395 | 2 |
| 3BR | $3,348 | +$1,348 (+67.4%) | −$247 (-6.9%) | $3,025 – $3,609 | 4 |
| 3BR | $3,295 | +$1,295 (+64.8%) | −$300 (-8.3%) | $2,845 – $3,995 | 71 |
| 4BR | $4,819 | +$1,320 (+37.7%) | −$181 (-3.6%) | $4,495 – $5,262 | 48 |
| 4BR | $6,850 | +$3,351 (+95.8%) | +$1,850 (+37.0%) | $6,850 – $6,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — January 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $2,197 | −$802 (-36.5%) |
| Studio | $1,821 | $2,197 | −$376 (-17.1%) |
| 1BR | $2,196 | $2,289 | −$93 (-4.1%) |
| 1BR | $1,795 | $2,289 | −$494 (-21.6%) |
| 2BR | $3,099 | $2,700 | +$399 (+14.8%) |
| 2BR | $2,395 | $2,700 | −$305 (-11.3%) |
| 3BR | $3,348 | $3,200 | +$148 (+4.6%) |
| 3BR | $3,295 | $3,200 | +$95 (+3.0%) |
| 4BR | $4,819 | $3,861 | +$957 (+24.8%) |
| 4BR | $6,850 | $3,861 | +$2,989 (+77.4%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.