Monthly Rent Report
Washington Heights Rent Report — May 2022
Asking rents in ZIP 10040, New York City, from 26 listings.
Median 1BR rent in Washington Heights was $1,625 in May 2022, down 14.5% (−$275) from April 2022. The middle half of 1BR listings asked between $1,625 and $1,625. That puts Washington Heights $438 below the New York City citywide 1BR median of $2,063. The month's figures are based on 26 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,773 | +$98 (+5.8%) | — | $1,750 – $1,808 | 8 |
| 1BR | $1,625 | −$275 (-14.5%) | — | $1,625 – $1,625 | 1 |
| 2BR | $1,447 | −$1,178 (-44.9%) | — | $1,447 – $1,447 | 1 |
| 3BR | $1,920 | −$817 (-29.9%) | — | $1,920 – $1,920 | 1 |
| 4BR | $3,400 | −$1,600 (-32.0%) | — | $3,200 – $4,225 | 11 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — May 2022
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,773 | $1,875 | −$102 (-5.5%) |
| 1BR | $1,625 | $2,063 | −$437 (-21.2%) |
| 2BR | $1,447 | $2,499 | −$1,052 (-42.1%) |
| 3BR | $1,920 | $2,950 | −$1,030 (-34.9%) |
| 4BR | $3,400 | $3,600 | −$200 (-5.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.