Monthly Rent Report
Washington Heights Rent Report — September 2023
Asking rents in ZIP 10040, New York City, from 66 listings.
Median 1BR rent in Washington Heights was $1,875 in September 2023, down 10.7% (−$225) from August 2023 and up 1.4% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,875. That puts Washington Heights $625 below the New York City citywide 1BR median of $2,500. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$100 (-5.4%) | +$50 (+2.9%) | $1,750 – $1,825 | 3 |
| 1BR | $1,875 | −$225 (-10.7%) | +$25 (+1.4%) | $1,875 – $1,875 | 1 |
| 1BR | $2,000 | −$100 (-4.8%) | +$150 (+8.1%) | $1,895 – $2,200 | 21 |
| 2BR | $2,550 | −$245 (-8.8%) | −$45 (-1.7%) | $2,375 – $2,725 | 2 |
| 2BR | $2,695 | −$100 (-3.6%) | +$100 (+3.9%) | $2,498 – $3,200 | 23 |
| 2BR | $3,045 | +$250 (+8.9%) | +$450 (+17.3%) | $3,000 – $3,118 | 4 |
| 3BR | $2,500 | −$495 (-16.5%) | −$399 (-13.8%) | $2,500 – $2,500 | 5 |
| 3BR | $2,500 | −$495 (-16.5%) | −$399 (-13.8%) | $2,500 – $2,500 | 2 |
| 3BR | $4,000 | +$1,005 (+33.6%) | +$1,101 (+38.0%) | $4,000 – $4,000 | 1 |
| 4BR | $4,048 | −$52 (-1.3%) | +$448 (+12.4%) | $4,021 – $4,074 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — September 2023
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,400 | −$650 (-27.1%) |
| 1BR | $1,875 | $2,500 | −$625 (-25.0%) |
| 1BR | $2,000 | $2,500 | −$500 (-20.0%) |
| 2BR | $2,550 | $3,000 | −$450 (-15.0%) |
| 2BR | $2,695 | $3,000 | −$305 (-10.2%) |
| 2BR | $3,045 | $3,000 | +$45 (+1.5%) |
| 3BR | $2,500 | $3,500 | −$1,000 (-28.6%) |
| 3BR | $2,500 | $3,500 | −$1,000 (-28.6%) |
| 3BR | $4,000 | $3,500 | +$500 (+14.3%) |
| 4BR | $4,048 | $4,325 | −$277 (-6.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.