Monthly Rent Report
ZIP 90016 Rent Report — February 2023
Asking rents in ZIP 90016, New York City, from 358 listings.
Median 1BR rent in ZIP 90016 was $1,895 in February 2023, down 13.7% (−$301) from January 2023 and down 65.8% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts ZIP 90016 $305 below the New York City citywide 1BR median of $2,200. The month's figures are based on 358 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,806 | +$411 (+29.5%) | −$389 (-17.7%) | $1,746 – $1,964 | 35 |
| Studio | $1,806 | +$411 (+29.5%) | −$389 (-17.7%) | $1,555 – $2,012 | 22 |
| 1BR | $1,895 | −$301 (-13.7%) | −$3,652 (-65.8%) | $1,895 – $1,895 | 1 |
| 1BR | $2,210 | +$14 (+0.6%) | −$3,337 (-60.2%) | $1,886 – $3,343 | 62 |
| 2BR | $2,495 | +$100 (+4.2%) | +$500 (+25.1%) | $2,495 – $2,495 | 1 |
| 2BR | $2,764 | +$369 (+15.4%) | +$769 (+38.5%) | $2,575 – $4,496 | 95 |
| 3BR | $2,285 | −$1,062 (-31.7%) | −$2,197 (-49.0%) | $2,285 – $2,285 | 1 |
| 3BR | $3,095 | −$252 (-7.5%) | −$1,387 (-30.9%) | $2,845 – $3,995 | 77 |
| 4BR | $4,495 | −$323 (-6.7%) | −$3,005 (-40.1%) | $4,033 – $4,695 | 55 |
| 4BR | $3,800 | −$1,018 (-21.1%) | −$3,700 (-49.3%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — February 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,806 | $2,260 | −$454 (-20.1%) |
| Studio | $1,806 | $2,260 | −$454 (-20.1%) |
| 1BR | $1,895 | $2,200 | −$304 (-13.8%) |
| 1BR | $2,210 | $2,200 | +$11 (+0.5%) |
| 2BR | $2,495 | $2,695 | −$200 (-7.4%) |
| 2BR | $2,764 | $2,695 | +$69 (+2.6%) |
| 3BR | $2,285 | $3,200 | −$915 (-28.6%) |
| 3BR | $3,095 | $3,200 | −$105 (-3.3%) |
| 4BR | $4,495 | $3,800 | +$695 (+18.3%) |
| 4BR | $3,800 | $3,800 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.