Monthly Rent Report
Washington Heights Rent Report — August 2022
Asking rents in ZIP 10040, New York City, from 106 listings.
Median 1BR rent in Washington Heights was $1,750 in August 2022, down 7.9% (−$150) from July 2022 and up 17.1% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Washington Heights $600 below the New York City citywide 1BR median of $2,350. The month's figures are based on 106 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | +$300 (+15.0%) | +$558 (+32.0%) | $2,300 – $2,300 | 1 |
| Studio | $1,875 | −$125 (-6.3%) | +$133 (+7.6%) | $1,800 – $2,000 | 4 |
| 1BR | $1,750 | −$150 (-7.9%) | +$255 (+17.1%) | $1,750 – $1,750 | 2 |
| 1BR | $2,116 | +$216 (+11.3%) | +$621 (+41.5%) | $1,833 – $2,400 | 14 |
| 1BR | $1,995 | +$95 (+5.0%) | +$500 (+33.4%) | $1,838 – $2,400 | 23 |
| 2BR | $2,825 | +$430 (+18.0%) | +$1,130 (+66.7%) | $2,738 – $2,850 | 12 |
| 2BR | $2,492 | +$97 (+4.1%) | +$797 (+47.0%) | $2,300 – $2,900 | 27 |
| 2BR | $2,850 | +$455 (+19.0%) | +$1,155 (+68.1%) | $2,850 – $2,850 | 1 |
| 3BR | $2,959 | −$141 (-4.5%) | +$987 (+50.0%) | $2,789 – $3,130 | 2 |
| 3BR | $2,875 | −$225 (-7.3%) | +$903 (+45.8%) | $2,618 – $3,240 | 5 |
| 3BR | $3,300 | +$200 (+6.5%) | +$1,328 (+67.3%) | $3,048 – $3,500 | 7 |
| 4BR | $3,600 | −$1,400 (-28.0%) | +$100 (+2.9%) | $3,600 – $3,600 | 2 |
| 4BR | $3,600 | −$1,400 (-28.0%) | +$100 (+2.9%) | $3,425 – $4,275 | 3 |
| 4BR | $3,900 | −$1,100 (-22.0%) | +$400 (+11.4%) | $3,575 – $4,425 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — August 2022
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $2,300 | $0 (0.0%) |
| Studio | $1,875 | $2,300 | −$425 (-18.5%) |
| 1BR | $1,750 | $2,350 | −$600 (-25.5%) |
| 1BR | $2,116 | $2,350 | −$234 (-10.0%) |
| 1BR | $1,995 | $2,350 | −$355 (-15.1%) |
| 2BR | $2,825 | $2,800 | +$25 (+0.9%) |
| 2BR | $2,492 | $2,800 | −$308 (-11.0%) |
| 2BR | $2,850 | $2,800 | +$50 (+1.8%) |
| 3BR | $2,959 | $3,350 | −$391 (-11.7%) |
| 3BR | $2,875 | $3,350 | −$475 (-14.2%) |
| 3BR | $3,300 | $3,350 | −$50 (-1.5%) |
| 4BR | $3,600 | $4,224 | −$624 (-14.8%) |
| 4BR | $3,600 | $4,224 | −$624 (-14.8%) |
| 4BR | $3,900 | $4,224 | −$324 (-7.7%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.