Monthly Rent Report
ZIP 90402 Rent Report — June 2023
Asking rents in ZIP 90402, New York City, from 56 listings.
Median 1BR rent in ZIP 90402 was $13,500 in June 2023, up 241.8% (+$9,550) from May 2023 and up 35.0% year-over-year. The middle half of 1BR listings asked between $13,500 and $13,500. That puts ZIP 90402 $11,013 above the New York City citywide 1BR median of $2,488. The month's figures are based on 56 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,148 | −$1,352 (-30.1%) | −$152 (-4.6%) | $1,970 – $4,375 | 4 |
| Studio | $3,250 | −$1,250 (-27.8%) | −$50 (-1.5%) | $3,250 – $3,250 | 2 |
| 1BR | $13,500 | +$9,550 (+241.8%) | +$3,500 (+35.0%) | $13,500 – $13,500 | 1 |
| 1BR | $3,650 | −$300 (-7.6%) | −$6,350 (-63.5%) | $3,400 – $4,275 | 13 |
| 2BR | $6,825 | +$2,630 (+62.7%) | +$1,425 (+26.4%) | $4,983 – $8,800 | 18 |
| 2BR | $8,235 | +$4,040 (+96.3%) | +$2,835 (+52.5%) | $8,115 – $8,355 | 2 |
| 3BR | $11,750 | +$750 (+6.8%) | −$249 (-2.1%) | $11,125 – $12,875 | 8 |
| 3BR | $11,500 | +$500 (+4.5%) | −$499 (-4.2%) | $11,500 – $11,500 | 1 |
| 4BR | $10,500 | −$6,500 (-38.2%) | −$1,750 (-14.3%) | $9,200 – $12,250 | 3 |
| 4BR | $9,750 | −$7,250 (-42.6%) | −$2,500 (-20.4%) | $9,750 – $9,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
ZIP 90402 vs. New York City — June 2023
| Bedrooms | ZIP 90402 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,148 | $2,500 | +$648 (+25.9%) |
| Studio | $3,250 | $2,500 | +$750 (+30.0%) |
| 1BR | $13,500 | $2,488 | +$11,013 (+442.7%) |
| 1BR | $3,650 | $2,488 | +$1,163 (+46.7%) |
| 2BR | $6,825 | $2,828 | +$3,997 (+141.3%) |
| 2BR | $8,235 | $2,828 | +$5,407 (+191.2%) |
| 3BR | $11,750 | $3,300 | +$8,450 (+256.1%) |
| 3BR | $11,500 | $3,300 | +$8,200 (+248.5%) |
| 4BR | $10,500 | $4,200 | +$6,300 (+150.0%) |
| 4BR | $9,750 | $4,200 | +$5,550 (+132.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.