Monthly Rent Report
Harlem Rent Report — May 2024
Asking rents in ZIP 10039, New York City, from 80 listings.
Median 1BR rent in Harlem was $3,200 in May 2024, up 18.5% (+$500) from April 2024 and up 6.8% year-over-year. The middle half of 1BR listings asked between $2,825 and $3,346. That puts Harlem $775 above the New York City citywide 1BR median of $2,425. The month's figures are based on 80 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,264 | +$569 (+33.6%) | +$467 (+26.0%) | $2,096 – $2,432 | 2 |
| Studio | $1,928 | +$233 (+13.7%) | +$131 (+7.3%) | $1,575 – $1,928 | 5 |
| Studio | $1,575 | −$120 (-7.1%) | −$222 (-12.4%) | $1,575 – $1,752 | 3 |
| 1BR | $3,200 | +$500 (+18.5%) | +$205 (+6.8%) | $2,825 – $3,346 | 6 |
| 1BR | $2,650 | −$50 (-1.9%) | −$345 (-11.5%) | $2,650 – $2,650 | 1 |
| 1BR | $2,388 | −$312 (-11.6%) | −$607 (-20.3%) | $2,125 – $2,650 | 6 |
| 2BR | $3,795 | +$1,145 (+43.2%) | +$1,070 (+39.3%) | $3,795 – $3,795 | 2 |
| 2BR | $2,950 | +$300 (+11.3%) | +$225 (+8.3%) | $2,707 – $4,013 | 14 |
| 2BR | $2,550 | −$100 (-3.8%) | −$175 (-6.4%) | $2,350 – $2,950 | 13 |
| 3BR | $2,800 | −$400 (-12.5%) | −$95 (-3.3%) | $2,750 – $3,000 | 3 |
| 3BR | $3,025 | −$175 (-5.5%) | +$130 (+4.5%) | $2,975 – $3,200 | 20 |
| 3BR | $2,900 | −$300 (-9.4%) | +$5 (+0.2%) | $2,900 – $2,900 | 1 |
| 4BR | $3,250 | — | +$50 (+1.6%) | $3,250 – $3,250 | 2 |
| 4BR | $3,250 | — | +$50 (+1.6%) | $3,250 – $3,250 | 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 | $2,264 | $2,350 | −$86 (-3.7%) |
| Studio | $1,928 | $2,350 | −$422 (-18.0%) |
| Studio | $1,575 | $2,350 | −$775 (-33.0%) |
| 1BR | $3,200 | $2,425 | +$775 (+32.0%) |
| 1BR | $2,650 | $2,425 | +$225 (+9.3%) |
| 1BR | $2,388 | $2,425 | −$37 (-1.5%) |
| 2BR | $3,795 | $2,914 | +$882 (+30.3%) |
| 2BR | $2,950 | $2,914 | +$37 (+1.3%) |
| 2BR | $2,550 | $2,914 | −$363 (-12.5%) |
| 3BR | $2,800 | $3,600 | −$800 (-22.2%) |
| 3BR | $3,025 | $3,600 | −$575 (-16.0%) |
| 3BR | $2,900 | $3,600 | −$700 (-19.4%) |
| 4BR | $3,250 | $4,250 | −$1,000 (-23.5%) |
| 4BR | $3,250 | $4,250 | −$1,000 (-23.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.