Monthly Rent Report
Washington Heights Rent Report — January 2023
Asking rents in ZIP 10040, New York City, from 131 listings.
Median 1BR rent in Washington Heights was $1,995 in January 2023, up 6.2% (+$116) from December 2022 and up 10.8% year-over-year. The middle half of 1BR listings asked between $1,875 and $2,300. That puts Washington Heights $294 below the New York City citywide 1BR median of $2,289. The month's figures are based on 131 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,773 | +$273 (+18.2%) | +$73 (+4.3%) | $1,761 – $1,784 | 2 |
| Studio | $1,750 | +$250 (+16.7%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| Studio | $1,750 | +$250 (+16.7%) | +$50 (+2.9%) | $1,750 – $1,750 | 2 |
| 1BR | $1,995 | +$116 (+6.2%) | +$195 (+10.8%) | $1,875 – $2,300 | 21 |
| 1BR | $2,100 | +$221 (+11.8%) | +$300 (+16.7%) | $2,100 – $2,100 | 1 |
| 1BR | $1,995 | +$116 (+6.2%) | +$195 (+10.8%) | $1,925 – $2,373 | 19 |
| 2BR | $2,950 | +$500 (+20.4%) | +$1,255 (+74.0%) | $2,591 – $3,325 | 19 |
| 2BR | $2,588 | +$138 (+5.6%) | +$893 (+52.7%) | $2,450 – $2,988 | 18 |
| 2BR | $2,950 | +$500 (+20.4%) | +$1,255 (+74.0%) | $2,713 – $3,250 | 36 |
| 3BR | $2,360 | −$565 (-19.3%) | +$238 (+11.2%) | $2,178 – $2,874 | 3 |
| 3BR | $2,480 | −$445 (-15.2%) | +$358 (+16.8%) | $2,420 – $2,540 | 2 |
| 3BR | $2,360 | −$565 (-19.3%) | +$238 (+11.2%) | $2,360 – $2,360 | 1 |
| 4BR | $3,600 | +$550 (+18.0%) | +$400 (+12.5%) | $3,600 – $3,600 | 1 |
| 4BR | $3,300 | +$250 (+8.2%) | +$100 (+3.1%) | $3,150 – $3,450 | 2 |
| 4BR | $3,000 | −$50 (-1.6%) | −$200 (-6.3%) | $3,000 – $3,300 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — January 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,773 | $2,197 | −$424 (-19.3%) |
| Studio | $1,750 | $2,197 | −$447 (-20.3%) |
| Studio | $1,750 | $2,197 | −$447 (-20.3%) |
| 1BR | $1,995 | $2,289 | −$294 (-12.8%) |
| 1BR | $2,100 | $2,289 | −$189 (-8.3%) |
| 1BR | $1,995 | $2,289 | −$294 (-12.8%) |
| 2BR | $2,950 | $2,700 | +$250 (+9.3%) |
| 2BR | $2,588 | $2,700 | −$112 (-4.2%) |
| 2BR | $2,950 | $2,700 | +$250 (+9.3%) |
| 3BR | $2,360 | $3,200 | −$840 (-26.3%) |
| 3BR | $2,480 | $3,200 | −$720 (-22.5%) |
| 3BR | $2,360 | $3,200 | −$840 (-26.3%) |
| 4BR | $3,600 | $3,861 | −$261 (-6.8%) |
| 4BR | $3,300 | $3,861 | −$561 (-14.5%) |
| 4BR | $3,000 | $3,861 | −$861 (-22.3%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.