Monthly Rent Report
ZIP 90016 Rent Report — October 2024
Asking rents in ZIP 90016, New York City, from 153 listings.
Median 1BR rent in ZIP 90016 was $2,271 in October 2024, up 13.6% (+$271) from September 2024 and up 22.8% year-over-year. The middle half of 1BR listings asked between $2,152 and $2,305. That puts ZIP 90016 $35 below the New York City citywide 1BR median of $2,306. The month's figures are based on 153 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,025 | −$75 (-6.8%) | −$875 (-46.1%) | $1,025 – $1,025 | 2 |
| Studio | $1,395 | +$295 (+26.8%) | −$505 (-26.6%) | $1,395 – $1,395 | 1 |
| 1BR | $2,271 | +$271 (+13.6%) | +$421 (+22.8%) | $2,152 – $2,305 | 4 |
| 1BR | $1,850 | −$150 (-7.5%) | $0 (0.0%) | $1,650 – $1,999 | 28 |
| 2BR | $2,500 | +$53 (+2.1%) | −$200 (-7.4%) | $2,500 – $2,600 | 29 |
| 2BR | $2,567 | +$120 (+4.9%) | −$133 (-4.9%) | $2,499 – $2,624 | 4 |
| 3BR | $3,395 | +$695 (+25.7%) | −$1,605 (-32.1%) | $3,395 – $3,395 | 1 |
| 3BR | $3,550 | +$850 (+31.5%) | −$1,450 (-29.0%) | $3,500 – $3,915 | 20 |
| 4BR | $4,015 | +$95 (+2.4%) | −$585 (-12.7%) | $3,783 – $4,133 | 3 |
| 4BR | $4,629 | +$709 (+18.1%) | +$29 (+0.6%) | $4,400 – $4,993 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — October 2024
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,025 | $2,550 | −$1,525 (-59.8%) |
| Studio | $1,395 | $2,550 | −$1,155 (-45.3%) |
| 1BR | $2,271 | $2,306 | −$35 (-1.5%) |
| 1BR | $1,850 | $2,306 | −$456 (-19.8%) |
| 2BR | $2,500 | $2,914 | −$413 (-14.2%) |
| 2BR | $2,567 | $2,914 | −$346 (-11.9%) |
| 3BR | $3,395 | $3,519 | −$124 (-3.5%) |
| 3BR | $3,550 | $3,519 | +$31 (+0.9%) |
| 4BR | $4,015 | $4,100 | −$85 (-2.1%) |
| 4BR | $4,629 | $4,100 | +$529 (+12.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.