Monthly Rent Report
Upper West Side Rent Report — May 2023
Asking rents in ZIP 10023, New York City, from 586 listings.
Median 1BR rent in Upper West Side was $6,648 in May 2023, up 43.0% (+$1,998) from April 2023 and up 20.8% year-over-year. The middle half of 1BR listings asked between $5,566 and $7,293. That puts Upper West Side $4,171 above the New York City citywide 1BR median of $2,477. The month's figures are based on 586 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,198 | −$27 (-0.9%) | −$1,342 (-29.6%) | $2,681 – $3,738 | 54 |
| Studio | $2,973 | −$252 (-7.8%) | −$1,567 (-34.5%) | $2,973 – $2,973 | 1 |
| Studio | $3,500 | +$275 (+8.5%) | −$1,040 (-22.9%) | $2,648 – $5,056 | 23 |
| 1BR | $6,648 | +$1,998 (+43.0%) | +$1,143 (+20.8%) | $5,566 – $7,293 | 90 |
| 1BR | $5,538 | +$888 (+19.1%) | +$33 (+0.6%) | $5,062 – $5,605 | 8 |
| 1BR | $4,500 | −$150 (-3.2%) | −$1,005 (-18.3%) | $3,800 – $5,396 | 152 |
| 2BR | $8,000 | −$3,041 (-27.5%) | −$2,995 (-27.2%) | $5,775 – $10,250 | 111 |
| 2BR | $4,700 | −$6,341 (-57.4%) | −$6,295 (-57.3%) | $4,525 – $4,775 | 3 |
| 2BR | $10,891 | −$150 (-1.4%) | −$104 (-0.9%) | $9,662 – $12,500 | 73 |
| 3BR | $11,000 | +$1,100 (+11.1%) | −$1,000 (-8.3%) | $8,400 – $15,208 | 49 |
| 3BR | $15,851 | +$5,951 (+60.1%) | +$3,851 (+32.1%) | $15,740 – $15,990 | 6 |
| 3BR | $12,000 | +$2,100 (+21.2%) | $0 (0.0%) | $11,498 – $12,550 | 3 |
| 4BR | $9,000 | −$10,500 (-53.8%) | +$1,525 (+20.4%) | $9,000 – $9,000 | 1 |
| 4BR | $14,000 | −$5,500 (-28.2%) | +$6,525 (+87.3%) | $14,000 – $14,000 | 1 |
| 4BR | $14,000 | −$5,500 (-28.2%) | +$6,525 (+87.3%) | $9,125 – $14,250 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Upper West Side vs. New York City — May 2023
| Bedrooms | Upper West Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,198 | $2,450 | +$748 (+30.5%) |
| Studio | $2,973 | $2,450 | +$523 (+21.3%) |
| Studio | $3,500 | $2,450 | +$1,050 (+42.9%) |
| 1BR | $6,648 | $2,477 | +$4,171 (+168.4%) |
| 1BR | $5,538 | $2,477 | +$3,060 (+123.5%) |
| 1BR | $4,500 | $2,477 | +$2,023 (+81.7%) |
| 2BR | $8,000 | $2,800 | +$5,200 (+185.7%) |
| 2BR | $4,700 | $2,800 | +$1,900 (+67.9%) |
| 2BR | $10,891 | $2,800 | +$8,091 (+289.0%) |
| 3BR | $11,000 | $3,225 | +$7,775 (+241.1%) |
| 3BR | $15,851 | $3,225 | +$12,626 (+391.5%) |
| 3BR | $12,000 | $3,225 | +$8,775 (+272.1%) |
| 4BR | $9,000 | $4,000 | +$5,000 (+125.0%) |
| 4BR | $14,000 | $4,000 | +$10,000 (+250.0%) |
| 4BR | $14,000 | $4,000 | +$10,000 (+250.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.