Monthly Rent Report
ZIP 90016 Rent Report — April 2023
Asking rents in ZIP 90016, New York City, from 607 listings.
Median 1BR rent in ZIP 90016 was $2,206 in April 2023, down 3.1% (−$69) from March 2023 and down 26.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $3,550. That puts ZIP 90016 $167 below the New York City citywide 1BR median of $2,373. The month's figures are based on 607 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,806 | $0 (0.0%) | −$289 (-13.8%) | $1,798 – $1,881 | 54 |
| Studio | $2,900 | +$1,094 (+60.6%) | +$805 (+38.4%) | $2,900 – $2,900 | 1 |
| 1BR | $2,206 | −$69 (-3.1%) | −$784 (-26.2%) | $1,995 – $3,550 | 170 |
| 1BR | $1,895 | −$380 (-16.7%) | −$1,095 (-36.6%) | $1,895 – $1,895 | 1 |
| 2BR | $2,495 | −$405 (-14.0%) | +$295 (+13.4%) | $2,495 – $2,495 | 1 |
| 2BR | $3,500 | +$600 (+20.7%) | +$1,300 (+59.1%) | $2,600 – $4,715 | 183 |
| 3BR | $3,445 | −$155 (-4.3%) | +$195 (+6.0%) | $3,100 – $3,898 | 103 |
| 3BR | $3,100 | −$500 (-13.9%) | −$150 (-4.6%) | $2,550 – $3,150 | 3 |
| 4BR | $3,350 | −$645 (-16.1%) | −$1,645 (-32.9%) | $3,350 – $3,350 | 1 |
| 4BR | $4,014 | +$19 (+0.5%) | −$981 (-19.6%) | $3,450 – $4,445 | 28 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — April 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,806 | $2,349 | −$543 (-23.1%) |
| Studio | $2,900 | $2,349 | +$551 (+23.5%) |
| 1BR | $2,206 | $2,373 | −$166 (-7.0%) |
| 1BR | $1,895 | $2,373 | −$477 (-20.1%) |
| 2BR | $2,495 | $2,795 | −$300 (-10.7%) |
| 2BR | $3,500 | $2,795 | +$705 (+25.2%) |
| 3BR | $3,445 | $3,200 | +$245 (+7.7%) |
| 3BR | $3,100 | $3,200 | −$100 (-3.1%) |
| 4BR | $3,350 | $4,148 | −$797 (-19.2%) |
| 4BR | $4,014 | $4,148 | −$133 (-3.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.