Monthly Rent Report
Harlem Rent Report — May 2023
Asking rents in ZIP 10037, New York City, from 66 listings.
Median 1BR rent in Harlem was $2,480 in May 2023, down 4.6% (−$120) from April 2023 and up 6.3% year-over-year. The middle half of 1BR listings asked between $2,452 and $2,571. That puts Harlem in line with the New York City citywide 1BR median of $2,477. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,323 | +$73 (+3.2%) | +$448 (+23.9%) | $2,163 – $2,395 | 4 |
| Studio | $2,250 | $0 (0.0%) | +$376 (+20.0%) | $2,250 – $2,250 | 1 |
| Studio | $2,395 | +$145 (+6.4%) | +$521 (+27.8%) | $2,395 – $2,395 | 1 |
| 1BR | $2,480 | −$120 (-4.6%) | +$148 (+6.3%) | $2,452 – $2,571 | 6 |
| 1BR | $2,538 | −$62 (-2.4%) | +$206 (+8.8%) | $2,488 – $2,625 | 4 |
| 1BR | $2,539 | −$61 (-2.3%) | +$208 (+8.9%) | $2,455 – $2,750 | 15 |
| 2BR | $3,650 | +$500 (+15.9%) | −$550 (-13.1%) | $3,650 – $3,650 | 1 |
| 2BR | $2,800 | −$350 (-11.1%) | −$1,400 (-33.3%) | $2,400 – $3,122 | 19 |
| 2BR | $2,800 | −$350 (-11.1%) | −$1,400 (-33.3%) | $2,425 – $2,945 | 6 |
| 3BR | $2,290 | −$1,184 (-34.1%) | — | $2,290 – $2,290 | 1 |
| 3BR | $2,595 | −$879 (-25.3%) | — | $2,443 – $3,051 | 7 |
| 3BR | $2,290 | −$1,184 (-34.1%) | — | $2,290 – $2,290 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Harlem vs. New York City — May 2023
| Bedrooms | Harlem Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,323 | $2,450 | −$127 (-5.2%) |
| Studio | $2,250 | $2,450 | −$200 (-8.2%) |
| Studio | $2,395 | $2,450 | −$55 (-2.2%) |
| 1BR | $2,480 | $2,477 | +$2 (+0.1%) |
| 1BR | $2,538 | $2,477 | +$60 (+2.4%) |
| 1BR | $2,539 | $2,477 | +$62 (+2.5%) |
| 2BR | $3,650 | $2,800 | +$850 (+30.4%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 3BR | $2,290 | $3,225 | −$935 (-29.0%) |
| 3BR | $2,595 | $3,225 | −$630 (-19.5%) |
| 3BR | $2,290 | $3,225 | −$935 (-29.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.