Monthly Rent Report
ZIP 90016 Rent Report — November 2023
Asking rents in ZIP 90016, New York City, from 436 listings.
Median 1BR rent in ZIP 90016 was $1,825 in November 2023, down 7.8% (−$155) from October 2023 and up 6.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts ZIP 90016 $575 below the New York City citywide 1BR median of $2,400. The month's figures are based on 436 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,557 | +$657 (+34.6%) | +$262 (+11.4%) | $2,312 – $2,693 | 3 |
| Studio | $1,885 | −$15 (-0.8%) | −$410 (-17.9%) | $1,856 – $2,300 | 45 |
| 1BR | $1,825 | −$155 (-7.8%) | +$105 (+6.1%) | $1,825 – $1,825 | 16 |
| 1BR | $2,410 | +$430 (+21.7%) | +$690 (+40.1%) | $1,900 – $3,571 | 177 |
| 1BR | $1,554 | −$426 (-21.5%) | −$166 (-9.7%) | $1,554 – $1,554 | 1 |
| 2BR | $2,950 | +$250 (+9.3%) | +$1,000 (+51.3%) | $2,800 – $3,052 | 23 |
| 2BR | $2,695 | −$5 (-0.2%) | +$745 (+38.2%) | $2,695 – $2,695 | 1 |
| 3BR | $4,900 | +$1,500 (+44.1%) | +$1,416 (+40.6%) | $4,900 – $4,900 | 1 |
| 3BR | $4,000 | +$600 (+17.6%) | +$516 (+14.8%) | $3,445 – $4,600 | 113 |
| 4BR | $4,195 | −$505 (-10.7%) | +$116 (+2.8%) | $4,195 – $4,195 | 1 |
| 4BR | $4,500 | −$200 (-4.3%) | +$421 (+10.3%) | $4,200 – $4,800 | 53 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — November 2023
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,557 | $2,395 | +$162 (+6.8%) |
| Studio | $1,885 | $2,395 | −$510 (-21.3%) |
| 1BR | $1,825 | $2,400 | −$575 (-24.0%) |
| 1BR | $2,410 | $2,400 | +$10 (+0.4%) |
| 1BR | $1,554 | $2,400 | −$846 (-35.3%) |
| 2BR | $2,950 | $2,798 | +$153 (+5.5%) |
| 2BR | $2,695 | $2,798 | −$102 (-3.7%) |
| 3BR | $4,900 | $3,300 | +$1,600 (+48.5%) |
| 3BR | $4,000 | $3,300 | +$700 (+21.2%) |
| 4BR | $4,195 | $4,199 | −$4 (-0.1%) |
| 4BR | $4,500 | $4,199 | +$301 (+7.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.