Monthly Rent Report
Washington Heights Rent Report — December 2023
Asking rents in ZIP 10032, New York City, from 231 listings.
Median 1BR rent in Washington Heights was $1,825 in December 2023, down 27.0% (−$675) from November 2023 and down 11.0% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts Washington Heights $575 below the New York City citywide 1BR median of $2,400. The month's figures are based on 231 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$500 (-21.3%) | +$90 (+5.1%) | $1,850 – $2,350 | 17 |
| Studio | $2,000 | −$350 (-14.9%) | +$240 (+13.6%) | $1,850 – $2,350 | 23 |
| Studio | $1,823 | −$527 (-22.4%) | +$63 (+3.6%) | $1,700 – $1,938 | 8 |
| 1BR | $1,825 | −$675 (-27.0%) | −$225 (-11.0%) | $1,825 – $1,825 | 1 |
| 1BR | $2,450 | −$50 (-2.0%) | +$400 (+19.5%) | $2,050 – $2,548 | 43 |
| 1BR | $2,400 | −$100 (-4.0%) | +$350 (+17.1%) | $2,400 – $2,400 | 1 |
| 2BR | $2,600 | −$100 (-3.7%) | +$100 (+4.0%) | $2,475 – $2,725 | 3 |
| 2BR | $2,795 | +$95 (+3.5%) | +$295 (+11.8%) | $2,500 – $3,395 | 61 |
| 2BR | $2,590 | −$110 (-4.1%) | +$90 (+3.6%) | $2,538 – $2,643 | 2 |
| 3BR | $3,200 | −$25 (-0.8%) | +$50 (+1.6%) | $3,200 – $3,200 | 1 |
| 3BR | $3,605 | +$380 (+11.8%) | +$455 (+14.4%) | $3,375 – $3,834 | 6 |
| 3BR | $3,200 | −$25 (-0.8%) | +$50 (+1.6%) | $2,695 – $3,500 | 46 |
| 4BR | $2,600 | −$7,395 (-74.0%) | −$975 (-27.3%) | $2,600 – $2,600 | 2 |
| 4BR | $3,750 | −$6,245 (-62.5%) | +$175 (+4.9%) | $3,750 – $3,750 | 1 |
| 4BR | $3,750 | −$6,245 (-62.5%) | +$175 (+4.9%) | $2,875 – $4,195 | 16 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — December 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $2,362 | −$512 (-21.7%) |
| Studio | $2,000 | $2,362 | −$362 (-15.3%) |
| Studio | $1,823 | $2,362 | −$539 (-22.8%) |
| 1BR | $1,825 | $2,400 | −$575 (-24.0%) |
| 1BR | $2,450 | $2,400 | +$50 (+2.1%) |
| 1BR | $2,400 | $2,400 | $0 (0.0%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 2BR | $2,795 | $2,900 | −$105 (-3.6%) |
| 2BR | $2,590 | $2,900 | −$310 (-10.7%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 3BR | $3,605 | $3,500 | +$105 (+3.0%) |
| 3BR | $3,200 | $3,500 | −$300 (-8.6%) |
| 4BR | $2,600 | $4,070 | −$1,470 (-36.1%) |
| 4BR | $3,750 | $4,070 | −$320 (-7.9%) |
| 4BR | $3,750 | $4,070 | −$320 (-7.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.