Monthly Rent Report
Washington Heights Rent Report — October 2022
Asking rents in ZIP 10040, New York City, from 61 listings.
Median 1BR rent in Washington Heights was $2,205 in October 2022, up 19.2% (+$355) from September 2022 and up 37.8% year-over-year. The middle half of 1BR listings asked between $2,204 and $2,205. That puts Washington Heights $50 below the New York City citywide 1BR median of $2,255. The month's figures are based on 61 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,685 | −$15 (-0.9%) | +$35 (+2.1%) | $1,680 – $1,690 | 2 |
| Studio | $1,750 | +$50 (+2.9%) | +$100 (+6.1%) | $1,713 – $1,800 | 3 |
| Studio | $1,750 | +$50 (+2.9%) | +$100 (+6.1%) | $1,675 – $1,850 | 9 |
| 1BR | $2,205 | +$355 (+19.2%) | +$605 (+37.8%) | $2,204 – $2,205 | 4 |
| 1BR | $2,200 | +$350 (+18.9%) | +$600 (+37.5%) | $2,200 – $2,200 | 1 |
| 1BR | $1,600 | −$250 (-13.5%) | $0 (0.0%) | $1,600 – $1,600 | 1 |
| 2BR | $2,625 | +$30 (+1.2%) | +$625 (+31.3%) | $2,450 – $2,800 | 4 |
| 2BR | $2,450 | −$145 (-5.6%) | +$450 (+22.5%) | $2,450 – $2,700 | 5 |
| 2BR | $2,595 | $0 (0.0%) | +$595 (+29.8%) | $2,425 – $2,800 | 13 |
| 3BR | $3,195 | +$296 (+10.2%) | +$1,345 (+72.7%) | $2,898 – $3,218 | 3 |
| 3BR | $3,120 | +$221 (+7.6%) | +$1,270 (+68.6%) | $3,060 – $3,180 | 2 |
| 3BR | $3,199 | +$300 (+10.3%) | +$1,349 (+72.9%) | $3,197 – $3,199 | 3 |
| 4BR | $3,901 | +$301 (+8.4%) | +$601 (+18.2%) | $3,751 – $4,052 | 2 |
| 4BR | $3,524 | −$76 (-2.1%) | +$224 (+6.8%) | $3,523 – $3,650 | 4 |
| 4BR | $3,524 | −$76 (-2.1%) | +$224 (+6.8%) | $3,524 – $3,524 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — October 2022
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,685 | $2,283 | −$597 (-26.2%) |
| Studio | $1,750 | $2,283 | −$532 (-23.3%) |
| Studio | $1,750 | $2,283 | −$532 (-23.3%) |
| 1BR | $2,205 | $2,255 | −$50 (-2.2%) |
| 1BR | $2,200 | $2,255 | −$55 (-2.4%) |
| 1BR | $1,600 | $2,255 | −$655 (-29.0%) |
| 2BR | $2,625 | $2,700 | −$75 (-2.8%) |
| 2BR | $2,450 | $2,700 | −$250 (-9.3%) |
| 2BR | $2,595 | $2,700 | −$105 (-3.9%) |
| 3BR | $3,195 | $3,200 | −$5 (-0.2%) |
| 3BR | $3,120 | $3,200 | −$80 (-2.5%) |
| 3BR | $3,199 | $3,200 | −$1 (-0.0%) |
| 4BR | $3,901 | $3,999 | −$98 (-2.5%) |
| 4BR | $3,524 | $3,999 | −$475 (-11.9%) |
| 4BR | $3,524 | $3,999 | −$475 (-11.9%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.