Monthly Rent Report
ZIP 90016 Rent Report — July 2023
Asking rents in ZIP 90016, New York City, from 169 listings.
Median 1BR rent in ZIP 90016 was $2,096 in July 2023, down 0.2% (−$4) from June 2023 and down 17.8% year-over-year. The middle half of 1BR listings asked between $1,958 and $3,327. That puts ZIP 90016 $354 below the New York City citywide 1BR median of $2,450. The month's figures are based on 169 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,095 | +$395 (+23.2%) | +$695 (+49.6%) | $2,045 – $2,145 | 3 |
| Studio | $1,881 | +$181 (+10.6%) | +$481 (+34.4%) | $1,806 – $2,022 | 14 |
| 1BR | $2,096 | −$4 (-0.2%) | −$454 (-17.8%) | $1,958 – $3,327 | 34 |
| 1BR | $1,656 | −$444 (-21.1%) | −$894 (-35.1%) | $1,656 – $1,656 | 1 |
| 2BR | $3,023 | +$753 (+33.1%) | +$575 (+23.5%) | $2,784 – $4,306 | 44 |
| 2BR | $2,755 | +$485 (+21.4%) | +$308 (+12.6%) | $2,755 – $2,755 | 1 |
| 3BR | $3,850 | +$405 (+11.8%) | +$175 (+4.8%) | $3,675 – $4,050 | 4 |
| 3BR | $3,445 | $0 (0.0%) | −$230 (-6.3%) | $2,950 – $3,445 | 25 |
| 4BR | $5,500 | +$1,000 (+22.2%) | +$1,005 (+22.4%) | $5,500 – $5,500 | 1 |
| 4BR | $4,800 | +$300 (+6.7%) | +$305 (+6.8%) | $4,583 – $6,595 | 9 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — July 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,095 | $2,498 | −$402 (-16.1%) |
| Studio | $1,881 | $2,498 | −$616 (-24.7%) |
| 1BR | $2,096 | $2,450 | −$354 (-14.4%) |
| 1BR | $1,656 | $2,450 | −$794 (-32.4%) |
| 2BR | $3,023 | $2,800 | +$223 (+7.9%) |
| 2BR | $2,755 | $2,800 | −$45 (-1.6%) |
| 3BR | $3,850 | $3,400 | +$450 (+13.2%) |
| 3BR | $3,445 | $3,400 | +$45 (+1.3%) |
| 4BR | $5,500 | $4,200 | +$1,300 (+31.0%) |
| 4BR | $4,800 | $4,200 | +$600 (+14.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.