Monthly Rent Report
Washington Heights Rent Report — April 2023
Asking rents in ZIP 10040, New York City, from 118 listings.
Median 1BR rent in Washington Heights was $2,200 in April 2023, down 6.4% (−$150) from March 2023 and up 15.8% year-over-year. The middle half of 1BR listings asked between $2,048 and $2,248. That puts Washington Heights $173 below the New York City citywide 1BR median of $2,373. The month's figures are based on 118 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | $0 (0.0%) | +$575 (+34.3%) | $2,250 – $2,250 | 3 |
| Studio | $2,250 | $0 (0.0%) | +$575 (+34.3%) | $2,250 – $2,250 | 3 |
| 1BR | $2,200 | −$150 (-6.4%) | +$300 (+15.8%) | $2,048 – $2,248 | 3 |
| 1BR | $2,000 | −$350 (-14.9%) | +$100 (+5.3%) | $1,900 – $2,350 | 17 |
| 1BR | $2,013 | −$337 (-14.4%) | +$113 (+5.9%) | $1,899 – $2,309 | 20 |
| 2BR | $2,950 | +$155 (+5.5%) | +$325 (+12.4%) | $2,338 – $3,175 | 26 |
| 2BR | $2,950 | +$155 (+5.5%) | +$325 (+12.4%) | $2,338 – $3,175 | 26 |
| 3BR | $2,773 | +$300 (+12.1%) | +$35 (+1.3%) | $2,550 – $3,016 | 6 |
| 3BR | $3,095 | +$623 (+25.2%) | +$358 (+13.1%) | $3,095 – $3,095 | 1 |
| 3BR | $2,995 | +$523 (+21.1%) | +$258 (+9.4%) | $2,550 – $3,023 | 7 |
| 4BR | $3,275 | +$280 (+9.3%) | −$1,725 (-34.5%) | $3,135 – $3,442 | 3 |
| 4BR | $3,275 | +$280 (+9.3%) | −$1,725 (-34.5%) | $3,135 – $3,442 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — April 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $2,349 | −$99 (-4.2%) |
| Studio | $2,250 | $2,349 | −$99 (-4.2%) |
| 1BR | $2,200 | $2,373 | −$172 (-7.3%) |
| 1BR | $2,000 | $2,373 | −$372 (-15.7%) |
| 1BR | $2,013 | $2,373 | −$360 (-15.2%) |
| 2BR | $2,950 | $2,795 | +$155 (+5.5%) |
| 2BR | $2,950 | $2,795 | +$155 (+5.5%) |
| 3BR | $2,773 | $3,200 | −$427 (-13.4%) |
| 3BR | $3,095 | $3,200 | −$105 (-3.3%) |
| 3BR | $2,995 | $3,200 | −$205 (-6.4%) |
| 4BR | $3,275 | $4,148 | −$872 (-21.0%) |
| 4BR | $3,275 | $4,148 | −$872 (-21.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.