Monthly Rent Report
ZIP 90016 Rent Report — December 2024
Asking rents in ZIP 90016, New York City, from 180 listings.
Median 1BR rent in ZIP 90016 was $1,900 in December 2024, down 4.8% (−$95) from November 2024 and down 26.9% year-over-year. The middle half of 1BR listings asked between $1,668 and $2,171. That puts ZIP 90016 $580 below the New York City citywide 1BR median of $2,480. The month's figures are based on 180 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | −$104 (-5.5%) | +$145 (+8.8%) | $1,795 – $1,795 | 1 |
| Studio | $1,875 | −$24 (-1.3%) | +$225 (+13.6%) | $1,837 – $1,912 | 2 |
| 1BR | $1,900 | −$95 (-4.8%) | −$700 (-26.9%) | $1,668 – $2,171 | 6 |
| 1BR | $2,407 | +$412 (+20.7%) | −$193 (-7.4%) | $1,825 – $2,948 | 35 |
| 2BR | $3,195 | +$408 (+14.6%) | +$463 (+16.9%) | $3,195 – $3,195 | 1 |
| 2BR | $2,675 | −$112 (-4.0%) | −$57 (-2.1%) | $2,500 – $3,274 | 62 |
| 3BR | $4,575 | +$375 (+8.9%) | +$1,775 (+63.4%) | $3,973 – $5,000 | 20 |
| 3BR | $3,845 | −$355 (-8.5%) | +$1,045 (+37.3%) | $3,845 – $3,845 | 1 |
| 4BR | $4,700 | +$210 (+4.7%) | +$1,200 (+34.3%) | $4,600 – $5,500 | 28 |
| 4BR | $5,350 | +$860 (+19.2%) | +$1,850 (+52.9%) | $4,600 – $5,500 | 8 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
ZIP 90016 vs. New York City — December 2024
| Bedrooms | ZIP 90016 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $2,525 | −$730 (-28.9%) |
| Studio | $1,875 | $2,525 | −$650 (-25.8%) |
| 1BR | $1,900 | $2,480 | −$579 (-23.4%) |
| 1BR | $2,407 | $2,480 | −$72 (-2.9%) |
| 2BR | $3,195 | $2,975 | +$220 (+7.4%) |
| 2BR | $2,675 | $2,975 | −$300 (-10.1%) |
| 3BR | $4,575 | $3,546 | +$1,030 (+29.0%) |
| 3BR | $3,845 | $3,546 | +$300 (+8.4%) |
| 4BR | $4,700 | $4,150 | +$550 (+13.3%) |
| 4BR | $5,350 | $4,150 | +$1,200 (+28.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.