Monthly Rent Report
ZIP 90016 Rent Report — September 2023
Asking rents in ZIP 90016, New York City, from 77 listings.
Median 1BR rent in ZIP 90016 was $3,150 in September 2023, up 26.0% (+$650) from August 2023 and up 66.2% year-over-year. The middle half of 1BR listings asked between $3,150 and $3,150. That puts ZIP 90016 $650 above the New York City citywide 1BR median of $2,500. The month's figures are based on 77 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,720 | −$98 (-5.4%) | −$666 (-27.9%) | $1,708 – $1,733 | 2 |
| Studio | $2,095 | +$277 (+15.2%) | −$291 (-12.2%) | $1,995 – $2,409 | 3 |
| 1BR | $3,150 | +$650 (+26.0%) | +$1,255 (+66.2%) | $3,150 – $3,150 | 1 |
| 1BR | $1,676 | −$824 (-33.0%) | −$219 (-11.6%) | $1,666 – $1,685 | 2 |
| 2BR | $3,650 | +$400 (+12.3%) | −$225 (-5.8%) | $2,945 – $4,200 | 38 |
| 2BR | $2,755 | −$495 (-15.2%) | −$1,120 (-28.9%) | $2,755 – $2,755 | 1 |
| 3BR | $4,200 | +$900 (+27.3%) | −$50 (-1.2%) | $4,100 – $4,200 | 3 |
| 3BR | $3,100 | −$200 (-6.1%) | −$1,150 (-27.1%) | $3,100 – $3,100 | 2 |
| 4BR | $4,395 | −$1,305 (-22.9%) | −$500 (-10.2%) | $4,149 – $4,650 | 20 |
| 4BR | $4,300 | −$1,400 (-24.6%) | −$595 (-12.2%) | $4,250 – $4,350 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — September 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,720 | $2,400 | −$680 (-28.3%) |
| Studio | $2,095 | $2,400 | −$305 (-12.7%) |
| 1BR | $3,150 | $2,500 | +$650 (+26.0%) |
| 1BR | $1,676 | $2,500 | −$824 (-33.0%) |
| 2BR | $3,650 | $3,000 | +$650 (+21.6%) |
| 2BR | $2,755 | $3,000 | −$245 (-8.2%) |
| 3BR | $4,200 | $3,500 | +$700 (+20.0%) |
| 3BR | $3,100 | $3,500 | −$400 (-11.4%) |
| 4BR | $4,395 | $4,325 | +$70 (+1.6%) |
| 4BR | $4,300 | $4,325 | −$25 (-0.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.