Monthly Rent Report
Washington Heights Rent Report — February 2024
Asking rents in ZIP 10040, New York City, from 135 listings.
Median 1BR rent in Washington Heights was $2,124 in February 2024, up 3.6% (+$74) from January 2024 and up 24.9% year-over-year. The middle half of 1BR listings asked between $1,925 and $2,500. That puts Washington Heights $326 below the New York City citywide 1BR median of $2,450. The month's figures are based on 135 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | −$550 (-20.8%) | +$300 (+16.7%) | $1,923 – $2,200 | 15 |
| Studio | $1,850 | −$800 (-30.2%) | +$50 (+2.8%) | $1,850 – $1,900 | 3 |
| Studio | $2,100 | −$550 (-20.8%) | +$300 (+16.7%) | $1,988 – $2,263 | 12 |
| 1BR | $2,124 | +$74 (+3.6%) | +$424 (+24.9%) | $1,925 – $2,500 | 27 |
| 1BR | $2,124 | +$74 (+3.6%) | +$424 (+24.9%) | $1,850 – $2,600 | 13 |
| 1BR | $2,591 | +$541 (+26.4%) | +$891 (+52.4%) | $2,559 – $2,623 | 2 |
| 2BR | $2,095 | −$705 (-25.2%) | −$755 (-26.5%) | $2,095 – $2,095 | 1 |
| 2BR | $3,150 | +$350 (+12.5%) | +$300 (+10.5%) | $2,688 – $3,900 | 7 |
| 2BR | $2,550 | −$250 (-8.9%) | −$300 (-10.5%) | $2,269 – $3,150 | 20 |
| 3BR | $2,995 | $0 (0.0%) | +$900 (+43.0%) | $2,667 – $3,613 | 8 |
| 3BR | $2,995 | $0 (0.0%) | +$900 (+43.0%) | $2,995 – $2,995 | 1 |
| 3BR | $2,975 | −$20 (-0.7%) | +$880 (+42.0%) | $2,675 – $3,638 | 14 |
| 4BR | $4,200 | +$1,650 (+64.7%) | +$350 (+9.1%) | $4,200 – $4,200 | 1 |
| 4BR | $4,200 | +$1,650 (+64.7%) | +$350 (+9.1%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — February 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $2,359 | −$259 (-11.0%) |
| Studio | $1,850 | $2,359 | −$509 (-21.6%) |
| Studio | $2,100 | $2,359 | −$259 (-11.0%) |
| 1BR | $2,124 | $2,450 | −$326 (-13.3%) |
| 1BR | $2,124 | $2,450 | −$326 (-13.3%) |
| 1BR | $2,591 | $2,450 | +$141 (+5.8%) |
| 2BR | $2,095 | $2,979 | −$884 (-29.7%) |
| 2BR | $3,150 | $2,979 | +$171 (+5.7%) |
| 2BR | $2,550 | $2,979 | −$429 (-14.4%) |
| 3BR | $2,995 | $3,500 | −$505 (-14.4%) |
| 3BR | $2,995 | $3,500 | −$505 (-14.4%) |
| 3BR | $2,975 | $3,500 | −$525 (-15.0%) |
| 4BR | $4,200 | $4,148 | +$53 (+1.3%) |
| 4BR | $4,200 | $4,148 | +$53 (+1.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.