Monthly Rent Report
ZIP 90016 Rent Report — January 2024
Asking rents in ZIP 90016, New York City, from 302 listings.
Median 1BR rent in ZIP 90016 was $2,195 in January 2024, up 20.3% (+$370) from December 2023 and up 22.3% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts ZIP 90016 $155 below the New York City citywide 1BR median of $2,350. The month's figures are based on 302 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$330 (-15.5%) | +$405 (+29.0%) | $1,500 – $1,960 | 24 |
| Studio | $1,400 | −$730 (-34.3%) | +$5 (+0.4%) | $1,400 – $1,425 | 4 |
| 1BR | $2,195 | +$370 (+20.3%) | +$400 (+22.3%) | $2,195 – $2,195 | 1 |
| 1BR | $2,100 | +$275 (+15.1%) | +$305 (+17.0%) | $1,925 – $2,948 | 72 |
| 1BR | $1,825 | $0 (0.0%) | +$30 (+1.7%) | $1,825 – $1,825 | 24 |
| 2BR | $2,750 | +$225 (+8.9%) | +$355 (+14.8%) | $2,750 – $2,750 | 1 |
| 2BR | $3,000 | +$475 (+18.8%) | +$605 (+25.3%) | $2,750 – $4,400 | 73 |
| 3BR | $2,850 | +$50 (+1.8%) | −$445 (-13.5%) | $2,850 – $2,850 | 1 |
| 3BR | $3,950 | +$1,150 (+41.1%) | +$655 (+19.9%) | $3,624 – $4,376 | 42 |
| 4BR | $4,695 | +$1,195 (+34.1%) | −$123 (-2.6%) | $4,500 – $4,800 | 13 |
| 4BR | $4,580 | +$1,080 (+30.9%) | −$238 (-4.9%) | $4,300 – $4,800 | 43 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — January 2024
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,338 | −$537 (-23.0%) |
| Studio | $1,400 | $2,338 | −$937 (-40.1%) |
| 1BR | $2,195 | $2,350 | −$155 (-6.6%) |
| 1BR | $2,100 | $2,350 | −$250 (-10.6%) |
| 1BR | $1,825 | $2,350 | −$525 (-22.3%) |
| 2BR | $2,750 | $2,885 | −$135 (-4.7%) |
| 2BR | $3,000 | $2,885 | +$115 (+4.0%) |
| 3BR | $2,850 | $3,443 | −$593 (-17.2%) |
| 3BR | $3,950 | $3,443 | +$507 (+14.7%) |
| 4BR | $4,695 | $4,000 | +$695 (+17.4%) |
| 4BR | $4,580 | $4,000 | +$580 (+14.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.