Monthly Rent Report
Washington Heights Rent Report — August 2024
Asking rents in ZIP 10032, New York City, from 46 listings.
Median 1BR rent in Washington Heights was $2,675 in August 2024, up 33.9% (+$678) from July 2024 and up 32.9% year-over-year. The middle half of 1BR listings asked between $2,238 and $2,745. That puts Washington Heights $285 above the New York City citywide 1BR median of $2,390. The month's figures are based on 46 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,775 | −$175 (-9.0%) | −$1,177 (-39.9%) | $1,763 – $1,788 | 2 |
| 1BR | $2,675 | +$678 (+33.9%) | +$662 (+32.9%) | $2,238 – $2,745 | 19 |
| 2BR | $3,000 | +$278 (+10.2%) | +$350 (+13.2%) | $2,534 – $3,138 | 12 |
| 3BR | $3,895 | +$750 (+23.8%) | +$445 (+12.9%) | $3,895 – $3,898 | 7 |
| 3BR | $3,600 | +$455 (+14.5%) | +$150 (+4.3%) | $3,600 – $3,600 | 1 |
| 4BR | $4,125 | −$175 (-4.1%) | +$450 (+12.2%) | $4,113 – $4,138 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — August 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,775 | $2,500 | −$725 (-29.0%) |
| 1BR | $2,675 | $2,390 | +$285 (+11.9%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.5%) |
| 3BR | $3,895 | $3,603 | +$292 (+8.1%) |
| 3BR | $3,600 | $3,603 | −$3 (-0.1%) |
| 4BR | $4,125 | $4,225 | −$100 (-2.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.