Monthly Rent Report
Washington Heights Rent Report — January 2024
Asking rents in ZIP 10040, New York City, from 90 listings.
Median 1BR rent in Washington Heights was $2,250 in January 2024, up 12.6% (+$253) from December 2023 and up 12.8% year-over-year. The middle half of 1BR listings asked between $2,125 and $2,425. That puts Washington Heights $100 below the New York City citywide 1BR median of $2,350. The month's figures are based on 90 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,650 | +$755 (+39.8%) | +$900 (+51.4%) | $2,461 – $2,656 | 4 |
| Studio | $1,823 | −$72 (-3.8%) | +$73 (+4.1%) | $1,736 – $1,971 | 4 |
| Studio | $2,650 | +$755 (+39.8%) | +$900 (+51.4%) | $2,461 – $2,656 | 4 |
| 1BR | $2,250 | +$253 (+12.6%) | +$255 (+12.8%) | $2,125 – $2,425 | 4 |
| 1BR | $2,050 | +$53 (+2.6%) | +$55 (+2.8%) | $2,050 – $2,050 | 2 |
| 1BR | $2,050 | +$53 (+2.6%) | +$55 (+2.8%) | $1,882 – $2,200 | 23 |
| 2BR | $2,195 | −$755 (-25.6%) | −$755 (-25.6%) | $2,095 – $2,313 | 15 |
| 2BR | $2,800 | −$150 (-5.1%) | −$150 (-5.1%) | $2,398 – $3,075 | 11 |
| 2BR | $1,995 | −$955 (-32.4%) | −$955 (-32.4%) | $1,995 – $1,995 | 2 |
| 3BR | $2,995 | +$495 (+19.8%) | +$635 (+26.9%) | $2,995 – $2,995 | 2 |
| 3BR | $2,700 | +$200 (+8.0%) | +$340 (+14.4%) | $2,700 – $3,200 | 9 |
| 3BR | $2,531 | +$31 (+1.2%) | +$171 (+7.2%) | $2,463 – $2,599 | 2 |
| 4BR | $2,550 | — | −$450 (-15.0%) | $2,550 – $2,550 | 1 |
| 4BR | $2,550 | — | −$450 (-15.0%) | $2,550 – $2,550 | 2 |
| 4BR | $2,550 | — | −$450 (-15.0%) | $2,550 – $2,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — January 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,650 | $2,338 | +$313 (+13.4%) |
| Studio | $1,823 | $2,338 | −$515 (-22.0%) |
| Studio | $2,650 | $2,338 | +$313 (+13.4%) |
| 1BR | $2,250 | $2,350 | −$100 (-4.3%) |
| 1BR | $2,050 | $2,350 | −$300 (-12.8%) |
| 1BR | $2,050 | $2,350 | −$300 (-12.8%) |
| 2BR | $2,195 | $2,885 | −$690 (-23.9%) |
| 2BR | $2,800 | $2,885 | −$85 (-2.9%) |
| 2BR | $1,995 | $2,885 | −$890 (-30.8%) |
| 3BR | $2,995 | $3,443 | −$448 (-13.0%) |
| 3BR | $2,700 | $3,443 | −$743 (-21.6%) |
| 3BR | $2,531 | $3,443 | −$912 (-26.5%) |
| 4BR | $2,550 | $4,000 | −$1,450 (-36.3%) |
| 4BR | $2,550 | $4,000 | −$1,450 (-36.3%) |
| 4BR | $2,550 | $4,000 | −$1,450 (-36.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.