Monthly Rent Report
Upper West Side Rent Report — May 2024
Asking rents in ZIP 10023, New York City, from 723 listings.
Median 1BR rent in Upper West Side was $4,918 in May 2024, down 11.8% (−$655) from April 2024 and up 9.3% year-over-year. The middle half of 1BR listings asked between $4,282 and $5,441. That puts Upper West Side $2,493 above the New York City citywide 1BR median of $2,425. The month's figures are based on 723 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,150 | −$797 (-20.2%) | −$350 (-10.0%) | $2,795 – $3,795 | 85 |
| Studio | $3,240 | −$707 (-17.9%) | −$260 (-7.4%) | $2,750 – $4,050 | 47 |
| Studio | $3,469 | −$478 (-12.1%) | −$31 (-0.9%) | $3,469 – $3,469 | 1 |
| 1BR | $4,918 | −$655 (-11.8%) | +$418 (+9.3%) | $4,282 – $5,441 | 6 |
| 1BR | $4,700 | −$873 (-15.7%) | +$200 (+4.4%) | $3,800 – $5,600 | 87 |
| 1BR | $4,725 | −$848 (-15.2%) | +$225 (+5.0%) | $3,953 – $5,590 | 270 |
| 2BR | $7,951 | −$44 (-0.6%) | −$49 (-0.6%) | $7,725 – $8,176 | 2 |
| 2BR | $7,773 | −$222 (-2.8%) | −$227 (-2.8%) | $6,546 – $9,213 | 36 |
| 2BR | $8,607 | +$612 (+7.6%) | +$607 (+7.6%) | $7,270 – $10,685 | 102 |
| 3BR | $12,375 | −$4,460 (-26.5%) | +$375 (+3.1%) | $6,999 – $15,974 | 24 |
| 3BR | $14,688 | −$2,147 (-12.8%) | +$2,688 (+22.4%) | $14,311 – $14,746 | 3 |
| 3BR | $12,998 | −$3,837 (-22.8%) | +$998 (+8.3%) | $7,925 – $16,750 | 52 |
| 4BR | $12,498 | −$3,497 (-21.9%) | −$1,502 (-10.7%) | $12,249 – $12,746 | 2 |
| 4BR | $9,245 | −$6,750 (-42.2%) | −$4,755 (-34.0%) | $7,370 – $11,120 | 2 |
| 4BR | $12,498 | −$3,497 (-21.9%) | −$1,502 (-10.7%) | $10,374 – $12,995 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Upper West Side vs. New York City — May 2024
| Bedrooms | Upper West Side Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,150 | $2,350 | +$800 (+34.0%) |
| Studio | $3,240 | $2,350 | +$890 (+37.9%) |
| Studio | $3,469 | $2,350 | +$1,119 (+47.6%) |
| 1BR | $4,918 | $2,425 | +$2,493 (+102.8%) |
| 1BR | $4,700 | $2,425 | +$2,275 (+93.8%) |
| 1BR | $4,725 | $2,425 | +$2,300 (+94.8%) |
| 2BR | $7,951 | $2,914 | +$5,037 (+172.9%) |
| 2BR | $7,773 | $2,914 | +$4,859 (+166.8%) |
| 2BR | $8,607 | $2,914 | +$5,693 (+195.4%) |
| 3BR | $12,375 | $3,600 | +$8,775 (+243.8%) |
| 3BR | $14,688 | $3,600 | +$11,088 (+308.0%) |
| 3BR | $12,998 | $3,600 | +$9,398 (+261.0%) |
| 4BR | $12,498 | $4,250 | +$8,248 (+194.1%) |
| 4BR | $9,245 | $4,250 | +$4,995 (+117.5%) |
| 4BR | $12,498 | $4,250 | +$8,248 (+194.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.