Monthly Rent Report
Upper West Side Rent Report — August 2023
Asking rents in ZIP 10023, New York City, from 187 listings.
Median 1BR rent in Upper West Side was $5,500 in August 2023, up 26.0% (+$1,135) from July 2023 and up 22.2% year-over-year. The middle half of 1BR listings asked between $5,500 and $5,500. That puts Upper West Side $3,150 above the New York City citywide 1BR median of $2,350. The month's figures are based on 187 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,367 | −$133 (-3.8%) | +$67 (+2.0%) | $3,084 – $3,651 | 2 |
| Studio | $3,350 | −$150 (-4.3%) | +$50 (+1.5%) | $2,843 – $3,856 | 79 |
| Studio | $3,000 | −$500 (-14.3%) | −$300 (-9.1%) | $2,875 – $5,532 | 7 |
| 1BR | $5,500 | +$1,135 (+26.0%) | +$1,000 (+22.2%) | $5,500 – $5,500 | 1 |
| 1BR | $5,375 | +$1,010 (+23.1%) | +$875 (+19.4%) | $5,375 – $5,375 | 1 |
| 1BR | $5,113 | +$748 (+17.1%) | +$613 (+13.6%) | $5,113 – $5,113 | 1 |
| 2BR | $10,413 | +$5,263 (+102.2%) | +$915 (+9.6%) | $8,769 – $12,056 | 2 |
| 2BR | $6,499 | +$1,349 (+26.2%) | −$2,999 (-31.6%) | $6,000 – $6,500 | 5 |
| 2BR | $11,750 | +$6,600 (+128.2%) | +$2,252 (+23.7%) | $11,750 – $12,000 | 5 |
| 3BR | $12,000 | −$2,968 (-19.8%) | −$747 (-5.9%) | $8,400 – $15,000 | 61 |
| 3BR | $4,750 | −$10,218 (-68.3%) | −$7,997 (-62.7%) | $4,750 – $4,750 | 1 |
| 3BR | $8,000 | −$6,968 (-46.6%) | −$4,747 (-37.2%) | $8,000 – $8,000 | 2 |
| 4BR | $11,000 | −$4,000 (-26.7%) | +$1,175 (+12.0%) | $7,250 – $13,588 | 10 |
| 4BR | $12,500 | −$2,500 (-16.7%) | +$2,675 (+27.2%) | $6,495 – $13,950 | 9 |
| 4BR | $6,500 | −$8,500 (-56.7%) | −$3,325 (-33.8%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Upper West Side vs. New York City — August 2023
| Bedrooms | Upper West Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,367 | $2,490 | +$877 (+35.2%) |
| Studio | $3,350 | $2,490 | +$860 (+34.5%) |
| Studio | $3,000 | $2,490 | +$510 (+20.5%) |
| 1BR | $5,500 | $2,350 | +$3,150 (+134.0%) |
| 1BR | $5,375 | $2,350 | +$3,025 (+128.7%) |
| 1BR | $5,113 | $2,350 | +$2,763 (+117.6%) |
| 2BR | $10,413 | $2,859 | +$7,554 (+264.2%) |
| 2BR | $6,499 | $2,859 | +$3,640 (+127.3%) |
| 2BR | $11,750 | $2,859 | +$8,891 (+311.0%) |
| 3BR | $12,000 | $3,413 | +$8,588 (+251.6%) |
| 3BR | $4,750 | $3,413 | +$1,338 (+39.2%) |
| 3BR | $8,000 | $3,413 | +$4,588 (+134.4%) |
| 4BR | $11,000 | $4,200 | +$6,800 (+161.9%) |
| 4BR | $12,500 | $4,200 | +$8,300 (+197.6%) |
| 4BR | $6,500 | $4,200 | +$2,300 (+54.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.