Monthly Rent Report
Washington Heights Rent Report — May 2024
Asking rents in ZIP 10032, New York City, from 351 listings.
Median 1BR rent in Washington Heights was $2,395 in May 2024, down 4.0% (−$100) from April 2024 and down 7.9% year-over-year. The middle half of 1BR listings asked between $1,963 and $2,713. That puts Washington Heights $30 below the New York City citywide 1BR median of $2,425. The month's figures are based on 351 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$101 (+5.3%) | −$50 (-2.4%) | $1,950 – $2,463 | 4 |
| Studio | $2,050 | +$151 (+8.0%) | $0 (0.0%) | $1,923 – $2,085 | 19 |
| Studio | $1,895 | −$4 (-0.2%) | −$155 (-7.6%) | $1,895 – $1,895 | 1 |
| 1BR | $2,395 | −$100 (-4.0%) | −$205 (-7.9%) | $1,963 – $2,713 | 15 |
| 1BR | $2,600 | +$105 (+4.2%) | $0 (0.0%) | $2,600 – $2,600 | 1 |
| 1BR | $2,488 | −$7 (-0.3%) | −$112 (-4.3%) | $2,125 – $2,696 | 72 |
| 2BR | $2,725 | +$75 (+2.8%) | −$250 (-8.4%) | $2,612 – $2,837 | 2 |
| 2BR | $2,723 | +$73 (+2.7%) | −$252 (-8.5%) | $2,424 – $2,950 | 30 |
| 2BR | $2,495 | −$155 (-5.8%) | −$480 (-16.1%) | $2,395 – $2,963 | 72 |
| 3BR | $3,537 | −$40 (-1.1%) | +$62 (+1.8%) | $3,250 – $3,774 | 8 |
| 3BR | $3,600 | +$23 (+0.6%) | +$125 (+3.6%) | $3,350 – $3,700 | 25 |
| 3BR | $3,250 | −$327 (-9.2%) | −$225 (-6.5%) | $3,025 – $3,650 | 79 |
| 4BR | $3,950 | −$3,047 (-43.6%) | +$350 (+9.7%) | $3,925 – $3,975 | 3 |
| 4BR | $4,000 | −$2,997 (-42.8%) | +$400 (+11.1%) | $4,000 – $4,000 | 10 |
| 4BR | $4,000 | −$2,997 (-42.8%) | +$400 (+11.1%) | $4,000 – $4,200 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — May 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,350 | −$350 (-14.9%) |
| Studio | $2,050 | $2,350 | −$300 (-12.8%) |
| Studio | $1,895 | $2,350 | −$455 (-19.4%) |
| 1BR | $2,395 | $2,425 | −$30 (-1.2%) |
| 1BR | $2,600 | $2,425 | +$175 (+7.2%) |
| 1BR | $2,488 | $2,425 | +$63 (+2.6%) |
| 2BR | $2,725 | $2,914 | −$189 (-6.5%) |
| 2BR | $2,723 | $2,914 | −$191 (-6.6%) |
| 2BR | $2,495 | $2,914 | −$418 (-14.4%) |
| 3BR | $3,537 | $3,600 | −$63 (-1.8%) |
| 3BR | $3,600 | $3,600 | $0 (0.0%) |
| 3BR | $3,250 | $3,600 | −$350 (-9.7%) |
| 4BR | $3,950 | $4,250 | −$300 (-7.1%) |
| 4BR | $4,000 | $4,250 | −$250 (-5.9%) |
| 4BR | $4,000 | $4,250 | −$250 (-5.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.