Monthly Rent Report
Harlem Rent Report — May 2023
Asking rents in ZIP 10039, New York City, from 67 listings.
Median 1BR rent in Harlem was $1,965 in May 2023, down 5.3% (−$110) from April 2023 and down 14.4% year-over-year. The middle half of 1BR listings asked between $1,965 and $1,965. That puts Harlem $512 below the New York City citywide 1BR median of $2,477. The month's figures are based on 67 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,798 | −$197 (-9.9%) | −$1 (-0.1%) | $1,749 – $1,846 | 2 |
| Studio | $1,798 | −$197 (-9.9%) | −$1 (-0.1%) | $1,749 – $1,846 | 2 |
| 1BR | $1,965 | −$110 (-5.3%) | −$330 (-14.4%) | $1,965 – $1,965 | 1 |
| 1BR | $2,450 | +$375 (+18.1%) | +$155 (+6.8%) | $2,075 – $3,150 | 13 |
| 1BR | $2,995 | +$920 (+44.3%) | +$700 (+30.5%) | $2,995 – $2,995 | 1 |
| 2BR | $3,248 | +$598 (+22.5%) | +$1,348 (+70.9%) | $2,771 – $3,724 | 2 |
| 2BR | $2,725 | +$75 (+2.8%) | +$825 (+43.4%) | $2,625 – $4,050 | 7 |
| 2BR | $2,650 | $0 (0.0%) | +$750 (+39.5%) | $2,600 – $2,950 | 24 |
| 3BR | $2,895 | +$198 (+7.3%) | +$295 (+11.3%) | $2,695 – $3,200 | 9 |
| 3BR | $2,500 | −$197 (-7.3%) | −$100 (-3.8%) | $2,500 – $2,500 | 1 |
| 3BR | $2,600 | −$97 (-3.6%) | $0 (0.0%) | $2,600 – $2,600 | 1 |
| 4BR | $3,200 | −$200 (-5.9%) | −$220 (-6.4%) | $3,200 – $3,200 | 2 |
| 4BR | $3,200 | −$200 (-5.9%) | −$220 (-6.4%) | $3,200 – $3,200 | 2 |
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 | $1,798 | $2,450 | −$652 (-26.6%) |
| Studio | $1,798 | $2,450 | −$652 (-26.6%) |
| 1BR | $1,965 | $2,477 | −$512 (-20.7%) |
| 1BR | $2,450 | $2,477 | −$27 (-1.1%) |
| 1BR | $2,995 | $2,477 | +$518 (+20.9%) |
| 2BR | $3,248 | $2,800 | +$448 (+16.0%) |
| 2BR | $2,725 | $2,800 | −$75 (-2.7%) |
| 2BR | $2,650 | $2,800 | −$150 (-5.4%) |
| 3BR | $2,895 | $3,225 | −$330 (-10.2%) |
| 3BR | $2,500 | $3,225 | −$725 (-22.5%) |
| 3BR | $2,600 | $3,225 | −$625 (-19.4%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
| 4BR | $3,200 | $4,000 | −$800 (-20.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.