Monthly Rent Report

ZIP 90016 Rent Report — November 2024

Asking rents in ZIP 90016, New York City, from 59 listings.

Median 1BR rent in ZIP 90016 was $3,300 in November 2024, up 45.3% (+$1,029) from October 2024 and up 36.9% year-over-year. The middle half of 1BR listings asked between $3,300 and $3,300. That puts ZIP 90016 $850 above the New York City citywide 1BR median of $2,450. The month's figures are based on 59 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$1,899+$504 (+36.1%)+$14 (+0.7%)$1,899 – $1,8991
Studio$1,899+$504 (+36.1%)+$14 (+0.7%)$1,899 – $1,8993
1BR$3,300+$1,029 (+45.3%)+$890 (+36.9%)$3,300 – $3,3001
1BR$1,995−$276 (-12.2%)−$415 (-17.2%)$1,995 – $2,79923
2BR$2,787+$287 (+11.5%)−$163 (-5.5%)$2,331 – $4,17510
2BR$2,716+$216 (+8.6%)−$234 (-7.9%)$2,598 – $2,8332
3BR$4,200+$650 (+18.3%)−$700 (-14.3%)$4,200 – $4,2001
3BR$4,200+$650 (+18.3%)−$700 (-14.3%)$3,855 – $4,4507
4BR$4,490+$475 (+11.8%)−$10 (-0.2%)$4,490 – $4,4901

Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.

ZIP 90016 vs. New York CityNovember 2024

BedroomsZIP 90016 MedianNYC Citywide MedianDifference
Studio$1,899$2,383−$484 (-20.3%)
Studio$1,899$2,383−$484 (-20.3%)
1BR$3,300$2,450+$850 (+34.7%)
1BR$1,995$2,450−$455 (-18.6%)
2BR$2,787$2,950−$163 (-5.5%)
2BR$2,716$2,950−$234 (-7.9%)
3BR$4,200$3,600+$600 (+16.7%)
3BR$4,200$3,600+$600 (+16.7%)
4BR$4,490$4,375+$115 (+2.6%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2024.

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