Monthly Rent Report
Harlem Rent Report — May 2024
Asking rents in ZIP 10037, New York City, from 77 listings.
Median 1BR rent in Harlem was $3,300 in May 2024, up 34.7% (+$850) from April 2024 and up 30.0% year-over-year. The middle half of 1BR listings asked between $3,250 and $3,350. That puts Harlem $875 above the New York City citywide 1BR median of $2,425. The month's figures are based on 77 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,956 | −$219 (-10.1%) | −$439 (-18.3%) | $1,600 – $1,956 | 5 |
| Studio | $2,048 | −$127 (-5.9%) | −$347 (-14.5%) | $1,961 – $2,156 | 6 |
| Studio | $1,956 | −$219 (-10.1%) | −$439 (-18.3%) | $1,925 – $2,048 | 11 |
| 1BR | $3,300 | +$850 (+34.7%) | +$763 (+30.0%) | $3,250 – $3,350 | 2 |
| 1BR | $2,750 | +$300 (+12.2%) | +$213 (+8.4%) | $2,675 – $2,998 | 7 |
| 1BR | $2,700 | +$250 (+10.2%) | +$163 (+6.4%) | $2,250 – $3,200 | 9 |
| 2BR | $3,675 | $0 (0.0%) | +$875 (+31.3%) | $3,275 – $3,963 | 7 |
| 2BR | $3,050 | −$625 (-17.0%) | +$250 (+8.9%) | $2,658 – $3,250 | 12 |
| 2BR | $3,625 | −$50 (-1.4%) | +$825 (+29.5%) | $3,338 – $3,913 | 2 |
| 3BR | $3,499 | +$1,186 (+51.3%) | +$904 (+34.8%) | $3,499 – $3,499 | 2 |
| 3BR | $3,499 | +$1,186 (+51.3%) | +$904 (+34.8%) | $3,492 – $3,750 | 8 |
| 3BR | $3,499 | +$1,186 (+51.3%) | +$904 (+34.8%) | $3,499 – $3,499 | 2 |
| 4BR | $4,495 | $0 (0.0%) | — | $4,495 – $4,495 | 1 |
| 4BR | $4,297 | −$198 (-4.4%) | — | $4,198 – $4,396 | 2 |
| 4BR | $4,099 | −$396 (-8.8%) | — | $4,099 – $4,099 | 1 |
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 | $1,956 | $2,350 | −$394 (-16.8%) |
| Studio | $2,048 | $2,350 | −$302 (-12.9%) |
| Studio | $1,956 | $2,350 | −$394 (-16.8%) |
| 1BR | $3,300 | $2,425 | +$875 (+36.1%) |
| 1BR | $2,750 | $2,425 | +$325 (+13.4%) |
| 1BR | $2,700 | $2,425 | +$275 (+11.3%) |
| 2BR | $3,675 | $2,914 | +$762 (+26.1%) |
| 2BR | $3,050 | $2,914 | +$137 (+4.7%) |
| 2BR | $3,625 | $2,914 | +$712 (+24.4%) |
| 3BR | $3,499 | $3,600 | −$101 (-2.8%) |
| 3BR | $3,499 | $3,600 | −$101 (-2.8%) |
| 3BR | $3,499 | $3,600 | −$101 (-2.8%) |
| 4BR | $4,495 | $4,250 | +$245 (+5.8%) |
| 4BR | $4,297 | $4,250 | +$47 (+1.1%) |
| 4BR | $4,099 | $4,250 | −$151 (-3.6%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.