Monthly Rent Report
Washington Heights Rent Report — February 2023
Asking rents in ZIP 10040, New York City, from 120 listings.
Median 1BR rent in Washington Heights was $2,350 in February 2023, up 17.8% (+$355) from January 2023 and up 22.1% year-over-year. The middle half of 1BR listings asked between $1,990 and $2,350. That puts Washington Heights $151 above the New York City citywide 1BR median of $2,200. The month's figures are based on 120 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$50 (+2.9%) | +$150 (+9.1%) | $1,800 – $1,800 | 5 |
| Studio | $1,800 | +$50 (+2.9%) | +$150 (+9.1%) | $1,800 – $1,800 | 2 |
| Studio | $1,800 | +$50 (+2.9%) | +$150 (+9.1%) | $1,800 – $1,938 | 4 |
| 1BR | $2,350 | +$355 (+17.8%) | +$425 (+22.1%) | $1,990 – $2,350 | 11 |
| 1BR | $2,000 | +$5 (+0.3%) | +$75 (+3.9%) | $1,800 – $2,350 | 25 |
| 1BR | $1,700 | −$295 (-14.8%) | −$225 (-11.7%) | $1,700 – $1,700 | 1 |
| 2BR | $2,581 | −$369 (-12.5%) | +$81 (+3.2%) | $2,250 – $2,795 | 19 |
| 2BR | $2,980 | +$30 (+1.0%) | +$480 (+19.2%) | $2,980 – $2,980 | 1 |
| 2BR | $2,850 | −$100 (-3.4%) | +$350 (+14.0%) | $2,635 – $3,175 | 14 |
| 3BR | $2,600 | +$240 (+10.2%) | +$605 (+30.3%) | $2,575 – $3,000 | 13 |
| 3BR | $2,600 | +$240 (+10.2%) | +$605 (+30.3%) | $2,556 – $3,000 | 14 |
| 3BR | $2,095 | −$265 (-11.2%) | +$100 (+5.0%) | $2,095 – $2,698 | 3 |
| 4BR | $3,795 | +$795 (+26.5%) | +$645 (+20.5%) | $3,608 – $3,850 | 5 |
| 4BR | $3,850 | +$850 (+28.3%) | +$700 (+22.2%) | $3,725 – $3,850 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — February 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,260 | −$460 (-20.4%) |
| Studio | $1,800 | $2,260 | −$460 (-20.4%) |
| Studio | $1,800 | $2,260 | −$460 (-20.4%) |
| 1BR | $2,350 | $2,200 | +$151 (+6.8%) |
| 1BR | $2,000 | $2,200 | −$199 (-9.1%) |
| 1BR | $1,700 | $2,200 | −$499 (-22.7%) |
| 2BR | $2,581 | $2,695 | −$114 (-4.2%) |
| 2BR | $2,980 | $2,695 | +$285 (+10.6%) |
| 2BR | $2,850 | $2,695 | +$155 (+5.8%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 3BR | $2,095 | $3,200 | −$1,105 (-34.5%) |
| 4BR | $3,795 | $3,800 | −$5 (-0.1%) |
| 4BR | $3,850 | $3,800 | +$50 (+1.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.