Monthly Rent Report
ZIP 90016 Rent Report — June 2023
Asking rents in ZIP 90016, New York City, from 233 listings.
Median 1BR rent in ZIP 90016 was $2,100 in June 2023, down 11.0% (−$260) from May 2023 and up 31.7% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts ZIP 90016 $388 below the New York City citywide 1BR median of $2,488. The month's figures are based on 233 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,375 | −$431 (-23.9%) | −$20 (-1.4%) | $1,375 – $1,375 | 1 |
| Studio | $1,700 | −$106 (-5.9%) | +$305 (+21.9%) | $1,570 – $2,185 | 15 |
| 1BR | $2,100 | −$260 (-11.0%) | +$505 (+31.7%) | $2,100 – $2,100 | 1 |
| 1BR | $3,014 | +$654 (+27.7%) | +$1,419 (+89.0%) | $2,088 – $3,880 | 42 |
| 2BR | $2,270 | −$730 (-24.3%) | −$880 (-27.9%) | $2,270 – $2,270 | 1 |
| 2BR | $2,945 | −$55 (-1.8%) | −$205 (-6.5%) | $2,870 – $4,302 | 68 |
| 3BR | $3,445 | −$205 (-5.6%) | −$1,002 (-22.5%) | $2,845 – $3,950 | 68 |
| 3BR | $3,650 | $0 (0.0%) | −$797 (-17.9%) | $3,625 – $3,675 | 2 |
| 4BR | $4,500 | −$500 (-10.0%) | −$450 (-9.1%) | $4,141 – $4,767 | 18 |
| 4BR | $6,000 | +$1,000 (+20.0%) | +$1,050 (+21.2%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — June 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,375 | $2,500 | −$1,125 (-45.0%) |
| Studio | $1,700 | $2,500 | −$800 (-32.0%) |
| 1BR | $2,100 | $2,488 | −$387 (-15.6%) |
| 1BR | $3,014 | $2,488 | +$527 (+21.2%) |
| 2BR | $2,270 | $2,828 | −$558 (-19.7%) |
| 2BR | $2,945 | $2,828 | +$117 (+4.1%) |
| 3BR | $3,445 | $3,300 | +$145 (+4.4%) |
| 3BR | $3,650 | $3,300 | +$350 (+10.6%) |
| 4BR | $4,500 | $4,200 | +$300 (+7.1%) |
| 4BR | $6,000 | $4,200 | +$1,800 (+42.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.