Monthly Rent Report
Harlem Rent Report — August 2023
Asking rents in ZIP 10027, New York City, from 264 listings.
Median 1BR rent in Harlem was $3,250 in August 2023, up 16.3% (+$455) from July 2023 and up 26.0% year-over-year. The middle half of 1BR listings asked between $2,600 and $3,550. That puts Harlem $900 above the New York City citywide 1BR median of $2,350. The month's figures are based on 264 listings across 21 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$403 (+22.4%) | +$3 (+0.1%) | $2,075 – $2,567 | 23 |
| Studio | $2,175 | +$378 (+21.0%) | −$22 (-1.0%) | $1,918 – $2,388 | 6 |
| Studio | $2,400 | +$603 (+33.5%) | +$203 (+9.2%) | $2,400 – $2,400 | 5 |
| 1BR | $3,250 | +$455 (+16.3%) | +$670 (+26.0%) | $2,600 – $3,550 | 69 |
| 1BR | $2,550 | −$245 (-8.8%) | −$30 (-1.2%) | $2,463 – $2,625 | 4 |
| 1BR | $2,575 | −$220 (-7.9%) | −$5 (-0.2%) | $2,321 – $2,975 | 8 |
| 2BR | $3,450 | −$45 (-1.3%) | +$50 (+1.5%) | $3,450 – $3,450 | 2 |
| 2BR | $2,995 | −$500 (-14.3%) | −$405 (-11.9%) | $2,995 – $2,995 | 1 |
| 2BR | $3,000 | −$495 (-14.2%) | −$400 (-11.8%) | $3,000 – $3,000 | 1 |
| 2BR | $3,500 | +$5 (+0.1%) | +$100 (+2.9%) | $3,188 – $4,392 | 52 |
| 3BR | $4,095 | −$805 (-16.4%) | −$655 (-13.8%) | $4,095 – $4,095 | 1 |
| 3BR | $4,700 | −$200 (-4.1%) | −$50 (-1.1%) | $4,550 – $4,950 | 4 |
| 3BR | $3,995 | −$905 (-18.5%) | −$755 (-15.9%) | $3,569 – $5,500 | 55 |
| 3BR | $3,800 | −$1,100 (-22.4%) | −$950 (-20.0%) | $3,695 – $4,050 | 3 |
| 4BR | $5,800 | +$878 (+17.8%) | +$800 (+16.0%) | $5,800 – $5,800 | 2 |
| 4BR | $3,955 | −$967 (-19.7%) | −$1,045 (-20.9%) | $3,669 – $4,353 | 3 |
| 4BR | $5,800 | +$878 (+17.8%) | +$800 (+16.0%) | $5,649 – $8,995 | 16 |
| 4BR | $6,788 | +$1,865 (+37.9%) | +$1,788 (+35.8%) | $5,194 – $8,381 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Harlem vs. New York City — August 2023
| Bedrooms | Harlem Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,490 | −$290 (-11.6%) |
| Studio | $2,175 | $2,490 | −$315 (-12.7%) |
| Studio | $2,400 | $2,490 | −$90 (-3.6%) |
| 1BR | $3,250 | $2,350 | +$900 (+38.3%) |
| 1BR | $2,550 | $2,350 | +$200 (+8.5%) |
| 1BR | $2,575 | $2,350 | +$225 (+9.6%) |
| 2BR | $3,450 | $2,859 | +$591 (+20.7%) |
| 2BR | $2,995 | $2,859 | +$136 (+4.8%) |
| 2BR | $3,000 | $2,859 | +$141 (+4.9%) |
| 2BR | $3,500 | $2,859 | +$641 (+22.4%) |
| 3BR | $4,095 | $3,413 | +$683 (+20.0%) |
| 3BR | $4,700 | $3,413 | +$1,288 (+37.7%) |
| 3BR | $3,995 | $3,413 | +$583 (+17.1%) |
| 3BR | $3,800 | $3,413 | +$388 (+11.4%) |
| 4BR | $5,800 | $4,200 | +$1,600 (+38.1%) |
| 4BR | $3,955 | $4,200 | −$245 (-5.8%) |
| 4BR | $5,800 | $4,200 | +$1,600 (+38.1%) |
| 4BR | $6,788 | $4,200 | +$2,588 (+61.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.