Monthly Rent Report
Washington Heights Rent Report — December 2022
Asking rents in ZIP 10040, New York City, from 99 listings.
Median 1BR rent in Washington Heights was $1,858 in December 2022, flat versus November 2022 and up 3.2% year-over-year. The middle half of 1BR listings asked between $1,775 and $2,125. That puts Washington Heights $364 below the New York City citywide 1BR median of $2,222. The month's figures are based on 99 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,013 | +$113 (+5.9%) | +$353 (+21.2%) | $1,563 – $2,275 | 6 |
| Studio | $2,275 | +$375 (+19.7%) | +$615 (+37.0%) | $1,888 – $2,275 | 3 |
| Studio | $1,500 | −$400 (-21.1%) | −$160 (-9.6%) | $1,500 – $1,500 | 1 |
| 1BR | $1,858 | $0 (0.0%) | +$58 (+3.2%) | $1,775 – $2,125 | 15 |
| 1BR | $1,879 | +$21 (+1.1%) | +$79 (+4.4%) | $1,815 – $1,938 | 6 |
| 1BR | $1,850 | −$8 (-0.4%) | +$50 (+2.8%) | $1,850 – $1,850 | 1 |
| 2BR | $3,600 | $0 (0.0%) | +$1,905 (+112.4%) | $3,600 – $3,600 | 1 |
| 2BR | $2,450 | −$1,150 (-31.9%) | +$755 (+44.5%) | $2,273 – $2,850 | 19 |
| 2BR | $2,650 | −$950 (-26.4%) | +$955 (+56.3%) | $2,250 – $3,000 | 21 |
| 3BR | $3,150 | +$1,055 (+50.4%) | +$900 (+40.0%) | $2,763 – $3,450 | 4 |
| 3BR | $3,000 | +$905 (+43.2%) | +$750 (+33.3%) | $2,813 – $3,450 | 16 |
| 3BR | $2,925 | +$830 (+39.6%) | +$675 (+30.0%) | $2,763 – $3,113 | 4 |
| 4BR | $3,050 | $0 (0.0%) | — | $3,050 – $3,050 | 1 |
| 4BR | $3,050 | $0 (0.0%) | — | $3,050 – $3,050 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — December 2022
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,013 | $2,098 | −$85 (-4.1%) |
| Studio | $2,275 | $2,098 | +$178 (+8.5%) |
| Studio | $1,500 | $2,098 | −$597 (-28.5%) |
| 1BR | $1,858 | $2,222 | −$363 (-16.4%) |
| 1BR | $1,879 | $2,222 | −$342 (-15.4%) |
| 1BR | $1,850 | $2,222 | −$371 (-16.7%) |
| 2BR | $3,600 | $2,700 | +$900 (+33.3%) |
| 2BR | $2,450 | $2,700 | −$250 (-9.3%) |
| 2BR | $2,650 | $2,700 | −$50 (-1.9%) |
| 3BR | $3,150 | $3,200 | −$50 (-1.6%) |
| 3BR | $3,000 | $3,200 | −$200 (-6.3%) |
| 3BR | $2,925 | $3,200 | −$275 (-8.6%) |
| 4BR | $3,050 | $3,750 | −$700 (-18.7%) |
| 4BR | $3,050 | $3,750 | −$700 (-18.7%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.