Monthly Rent Report
ZIP 90016 Rent Report — September 2024
Asking rents in ZIP 90016, New York City, from 30 listings.
Median 1BR rent in ZIP 90016 was $2,000 in September 2024, down 8.9% (−$195) from August 2024 and down 36.5% year-over-year. The middle half of 1BR listings asked between $2,000 and $3,150. That puts ZIP 90016 $393 below the New York City citywide 1BR median of $2,393. The month's figures are based on 30 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$345 (-17.3%) | −$70 (-4.1%) | $1,623 – $1,650 | 3 |
| Studio | $1,100 | −$895 (-44.9%) | −$620 (-36.0%) | $1,100 – $1,100 | 1 |
| 1BR | $2,000 | −$195 (-8.9%) | −$1,150 (-36.5%) | $2,000 – $3,150 | 11 |
| 1BR | $1,848 | −$347 (-15.8%) | −$1,302 (-41.3%) | $1,821 – $1,874 | 2 |
| 2BR | $2,850 | +$600 (+26.7%) | +$95 (+3.4%) | $2,850 – $2,850 | 1 |
| 2BR | $2,448 | +$198 (+8.8%) | −$307 (-11.2%) | $2,400 – $2,746 | 4 |
| 3BR | $3,920 | −$480 (-10.9%) | −$280 (-6.7%) | $3,792 – $4,084 | 4 |
| 3BR | $2,700 | −$1,700 (-38.6%) | −$1,500 (-35.7%) | $2,700 – $2,700 | 2 |
| 4BR | $3,920 | −$1,580 (-28.7%) | −$380 (-8.8%) | $3,920 – $3,920 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — September 2024
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,369 | −$719 (-30.3%) |
| Studio | $1,100 | $2,369 | −$1,269 (-53.6%) |
| 1BR | $2,000 | $2,393 | −$393 (-16.4%) |
| 1BR | $1,848 | $2,393 | −$545 (-22.8%) |
| 2BR | $2,850 | $2,900 | −$50 (-1.7%) |
| 2BR | $2,448 | $2,900 | −$452 (-15.6%) |
| 3BR | $3,920 | $3,598 | +$323 (+9.0%) |
| 3BR | $2,700 | $3,598 | −$897 (-24.9%) |
| 4BR | $3,920 | $4,295 | −$375 (-8.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.