Monthly Rent Report
ZIP 90016 Rent Report — March 2023
Asking rents in ZIP 90016, New York City, from 670 listings.
Median 1BR rent in ZIP 90016 was $2,276 in March 2023, up 20.1% (+$381) from February 2023 and up 34.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $3,184. That puts ZIP 90016 in line with the New York City citywide 1BR median of $2,299. The month's figures are based on 670 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,806 | $0 (0.0%) | +$506 (+38.9%) | $1,645 – $1,881 | 68 |
| Studio | $1,395 | −$411 (-22.8%) | +$95 (+7.3%) | $1,395 – $1,395 | 2 |
| 1BR | $2,276 | +$381 (+20.1%) | +$581 (+34.2%) | $1,995 – $3,184 | 138 |
| 1BR | $1,595 | −$300 (-15.8%) | −$100 (-5.9%) | $1,351 – $1,626 | 3 |
| 2BR | $2,450 | −$45 (-1.8%) | −$250 (-9.3%) | $2,450 – $2,450 | 1 |
| 2BR | $2,900 | +$405 (+16.2%) | +$200 (+7.4%) | $2,600 – $4,363 | 202 |
| 3BR | $3,600 | +$505 (+16.3%) | +$203 (+6.0%) | $2,900 – $4,077 | 131 |
| 3BR | $3,780 | +$685 (+22.1%) | +$382 (+11.2%) | $3,769 – $3,790 | 2 |
| 4BR | $3,995 | −$500 (-11.1%) | −$3,505 (-46.7%) | $3,995 – $3,995 | 1 |
| 4BR | $4,413 | −$82 (-1.8%) | −$3,087 (-41.2%) | $3,995 – $4,786 | 72 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — March 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,806 | $2,200 | −$394 (-17.9%) |
| Studio | $1,395 | $2,200 | −$805 (-36.6%) |
| 1BR | $2,276 | $2,299 | −$23 (-1.0%) |
| 1BR | $1,595 | $2,299 | −$704 (-30.6%) |
| 2BR | $2,450 | $2,650 | −$200 (-7.5%) |
| 2BR | $2,900 | $2,650 | +$250 (+9.4%) |
| 3BR | $3,600 | $3,200 | +$400 (+12.5%) |
| 3BR | $3,780 | $3,200 | +$580 (+18.1%) |
| 4BR | $3,995 | $3,995 | $0 (0.0%) |
| 4BR | $4,413 | $3,995 | +$418 (+10.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.