Monthly Rent Report
Harlem Rent Report — May 2024
Asking rents in ZIP 10027, New York City, from 381 listings.
Median 1BR rent in Harlem was $3,200 in May 2024, up 10.4% (+$301) from April 2024 and down 1.5% year-over-year. The middle half of 1BR listings asked between $2,800 and $3,995. That puts Harlem $775 above the New York City citywide 1BR median of $2,425. The month's figures are based on 381 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | −$395 (-15.2%) | −$433 (-16.4%) | $1,995 – $2,375 | 28 |
| Studio | $2,488 | −$107 (-4.1%) | −$145 (-5.5%) | $2,331 – $2,638 | 4 |
| Studio | $2,650 | +$55 (+2.1%) | +$17 (+0.6%) | $2,588 – $2,848 | 11 |
| 1BR | $3,200 | +$301 (+10.4%) | −$50 (-1.5%) | $2,800 – $3,995 | 51 |
| 1BR | $2,550 | −$349 (-12.0%) | −$700 (-21.5%) | $2,550 – $2,550 | 1 |
| 1BR | $2,800 | −$99 (-3.4%) | −$450 (-13.8%) | $2,500 – $3,248 | 75 |
| 2BR | $3,195 | −$100 (-3.0%) | −$552 (-14.7%) | $2,900 – $3,650 | 83 |
| 2BR | $6,000 | +$2,705 (+82.1%) | +$2,253 (+60.1%) | $6,000 – $6,000 | 1 |
| 2BR | $3,700 | +$405 (+12.3%) | −$47 (-1.3%) | $3,195 – $3,995 | 29 |
| 3BR | $3,750 | −$150 (-3.8%) | −$550 (-12.8%) | $3,750 – $3,750 | 1 |
| 3BR | $4,200 | +$300 (+7.7%) | −$100 (-2.3%) | $3,450 – $6,995 | 21 |
| 3BR | $3,849 | −$51 (-1.3%) | −$451 (-10.5%) | $3,200 – $4,200 | 45 |
| 4BR | $4,995 | +$196 (+4.1%) | +$995 (+24.9%) | $4,079 – $5,650 | 17 |
| 4BR | $4,498 | −$301 (-6.3%) | +$498 (+12.4%) | $4,249 – $4,746 | 2 |
| 4BR | $5,825 | +$1,026 (+21.4%) | +$1,825 (+45.6%) | $5,738 – $5,913 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Harlem vs. New York City — May 2024
| Bedrooms | Harlem Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,350 | −$150 (-6.4%) |
| Studio | $2,488 | $2,350 | +$138 (+5.9%) |
| Studio | $2,650 | $2,350 | +$300 (+12.8%) |
| 1BR | $3,200 | $2,425 | +$775 (+32.0%) |
| 1BR | $2,550 | $2,425 | +$125 (+5.2%) |
| 1BR | $2,800 | $2,425 | +$375 (+15.5%) |
| 2BR | $3,195 | $2,914 | +$282 (+9.7%) |
| 2BR | $6,000 | $2,914 | +$3,087 (+105.9%) |
| 2BR | $3,700 | $2,914 | +$787 (+27.0%) |
| 3BR | $3,750 | $3,600 | +$150 (+4.2%) |
| 3BR | $4,200 | $3,600 | +$600 (+16.7%) |
| 3BR | $3,849 | $3,600 | +$249 (+6.9%) |
| 4BR | $4,995 | $4,250 | +$745 (+17.5%) |
| 4BR | $4,498 | $4,250 | +$248 (+5.8%) |
| 4BR | $5,825 | $4,250 | +$1,575 (+37.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.