Monthly Rent Report

ZIP 90402 Rent Report — July 2023

Asking rents in ZIP 90402, New York City, from 77 listings.

Median 1BR rent in ZIP 90402 was $4,825 in July 2023, up 32.2% (+$1,175) from June 2023 and up 34.2% year-over-year. The middle half of 1BR listings asked between $3,750 and $11,600. That puts ZIP 90402 $2,375 above the New York City citywide 1BR median of $2,450. The month's figures are based on 77 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2023Vs. July 2022P25–P75 RangeListings
Studio$2,573−$575 (-18.3%)−$1,427 (-35.7%)$1,870 – $3,5134
Studio$3,250+$103 (+3.3%)−$750 (-18.8%)$1,795 – $4,30011
1BR$4,825+$1,175 (+32.2%)+$1,230 (+34.2%)$3,750 – $11,6006
1BR$3,050−$600 (-16.4%)−$545 (-15.2%)$3,050 – $3,0501
2BR$8,475+$240 (+2.9%)−$5,025 (-37.2%)$6,300 – $10,50021
2BR$4,197−$4,038 (-49.0%)−$9,303 (-68.9%)$4,098 – $4,2962
3BR$11,000−$750 (-6.4%)+$1,800 (+19.6%)$9,000 – $15,0009
3BR$9,000−$2,750 (-23.4%)−$200 (-2.2%)$9,000 – $9,0001
4BR$14,625+$4,125 (+39.3%)+$4,875 (+50.0%)$13,188 – $15,3136
4BR$14,375+$3,875 (+36.9%)+$4,625 (+47.4%)$12,200 – $16,37512

Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.

ZIP 90402 vs. New York City — July 2023

BedroomsZIP 90402 MedianNYC Citywide MedianDifference
Studio$2,573$2,498+$75 (+3.0%)
Studio$3,250$2,498+$753 (+30.1%)
1BR$4,825$2,450+$2,375 (+96.9%)
1BR$3,050$2,450+$600 (+24.5%)
2BR$8,475$2,800+$5,675 (+202.7%)
2BR$4,197$2,800+$1,397 (+49.9%)
3BR$11,000$3,400+$7,600 (+223.6%)
3BR$9,000$3,400+$5,600 (+164.7%)
4BR$14,625$4,200+$10,425 (+248.2%)
4BR$14,375$4,200+$10,175 (+242.3%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.

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