Monthly Rent Report
Washington Heights Rent Report — August 2023
Asking rents in ZIP 10032, New York City, from 208 listings.
Median 1BR rent in Washington Heights was $2,350 in August 2023, down 4.1% (−$100) from July 2023 and down 1.1% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Washington Heights in line with the New York City citywide 1BR median of $2,350. The month's figures are based on 208 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$100 (+5.0%) | +$250 (+13.5%) | $2,025 – $2,175 | 3 |
| Studio | $2,250 | +$250 (+12.5%) | +$400 (+21.6%) | $2,000 – $2,350 | 9 |
| Studio | $2,952 | +$952 (+47.6%) | +$1,102 (+59.6%) | $2,952 – $2,952 | 1 |
| 1BR | $2,350 | −$100 (-4.1%) | −$25 (-1.1%) | $2,350 – $2,350 | 1 |
| 1BR | $2,400 | −$50 (-2.0%) | +$25 (+1.1%) | $2,100 – $2,525 | 41 |
| 1BR | $2,014 | −$436 (-17.8%) | −$361 (-15.2%) | $1,999 – $2,145 | 4 |
| 2BR | $2,700 | +$125 (+4.9%) | −$150 (-5.3%) | $2,550 – $2,998 | 55 |
| 2BR | $2,475 | −$100 (-3.9%) | −$375 (-13.2%) | $2,288 – $2,663 | 2 |
| 2BR | $2,650 | +$75 (+2.9%) | −$200 (-7.0%) | $2,650 – $2,650 | 1 |
| 3BR | $4,995 | +$1,545 (+44.8%) | +$1,745 (+53.7%) | $4,995 – $4,995 | 4 |
| 3BR | $3,900 | +$450 (+13.0%) | +$650 (+20.0%) | $3,250 – $4,448 | 7 |
| 3BR | $3,450 | $0 (0.0%) | +$200 (+6.2%) | $3,250 – $3,700 | 60 |
| 4BR | $3,675 | −$75 (-2.0%) | +$100 (+2.8%) | $2,750 – $3,800 | 8 |
| 4BR | $3,373 | −$377 (-10.1%) | −$202 (-5.7%) | $3,061 – $3,684 | 2 |
| 4BR | $2,975 | −$775 (-20.7%) | −$600 (-16.8%) | $2,875 – $4,025 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — August 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,490 | −$390 (-15.7%) |
| Studio | $2,250 | $2,490 | −$240 (-9.6%) |
| Studio | $2,952 | $2,490 | +$462 (+18.6%) |
| 1BR | $2,350 | $2,350 | $0 (0.0%) |
| 1BR | $2,400 | $2,350 | +$50 (+2.1%) |
| 1BR | $2,014 | $2,350 | −$336 (-14.3%) |
| 2BR | $2,700 | $2,859 | −$159 (-5.6%) |
| 2BR | $2,475 | $2,859 | −$384 (-13.4%) |
| 2BR | $2,650 | $2,859 | −$209 (-7.3%) |
| 3BR | $4,995 | $3,413 | +$1,583 (+46.4%) |
| 3BR | $3,900 | $3,413 | +$488 (+14.3%) |
| 3BR | $3,450 | $3,413 | +$38 (+1.1%) |
| 4BR | $3,675 | $4,200 | −$525 (-12.5%) |
| 4BR | $3,373 | $4,200 | −$827 (-19.7%) |
| 4BR | $2,975 | $4,200 | −$1,225 (-29.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.