Monthly Rent Report
Washington Heights Rent Report — March 2024
Asking rents in ZIP 10040, New York City, from 92 listings.
Median 1BR rent in Washington Heights was $2,150 in March 2024, up 1.2% (+$26) from February 2024 and down 1.0% year-over-year. The middle half of 1BR listings asked between $2,075 and $2,400. That puts Washington Heights $349 below the New York City citywide 1BR median of $2,499. The month's figures are based on 92 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$350 (+18.9%) | −$50 (-2.2%) | $2,150 – $2,425 | 3 |
| Studio | $2,050 | +$200 (+10.8%) | −$200 (-8.9%) | $1,950 – $2,150 | 7 |
| 1BR | $2,150 | +$26 (+1.2%) | −$22 (-1.0%) | $2,075 – $2,400 | 19 |
| 1BR | $2,585 | +$461 (+21.7%) | +$413 (+19.0%) | $2,585 – $2,585 | 1 |
| 1BR | $2,300 | +$176 (+8.3%) | +$128 (+5.9%) | $1,950 – $2,650 | 9 |
| 2BR | $2,250 | −$300 (-11.8%) | −$545 (-19.5%) | $2,130 – $2,363 | 10 |
| 2BR | $2,875 | +$325 (+12.7%) | +$80 (+2.9%) | $2,488 – $3,113 | 6 |
| 2BR | $2,400 | −$150 (-5.9%) | −$395 (-14.1%) | $2,225 – $2,813 | 20 |
| 3BR | $2,995 | $0 (0.0%) | +$523 (+21.1%) | $2,995 – $2,995 | 2 |
| 3BR | $2,848 | −$147 (-4.9%) | +$375 (+15.2%) | $2,650 – $3,220 | 4 |
| 3BR | $3,321 | +$326 (+10.9%) | +$849 (+34.3%) | $2,542 – $4,100 | 4 |
| 4BR | $3,995 | −$205 (-4.9%) | +$1,000 (+33.4%) | $3,995 – $3,995 | 1 |
| 4BR | $3,995 | −$205 (-4.9%) | +$1,000 (+33.4%) | $3,995 – $3,995 | 3 |
| 4BR | $3,995 | −$205 (-4.9%) | +$1,000 (+33.4%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — March 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,450 | −$250 (-10.2%) |
| Studio | $2,050 | $2,450 | −$400 (-16.3%) |
| 1BR | $2,150 | $2,499 | −$349 (-14.0%) |
| 1BR | $2,585 | $2,499 | +$86 (+3.4%) |
| 1BR | $2,300 | $2,499 | −$199 (-8.0%) |
| 2BR | $2,250 | $2,995 | −$744 (-24.9%) |
| 2BR | $2,875 | $2,995 | −$119 (-4.0%) |
| 2BR | $2,400 | $2,995 | −$594 (-19.9%) |
| 3BR | $2,995 | $3,500 | −$505 (-14.4%) |
| 3BR | $2,848 | $3,500 | −$652 (-18.6%) |
| 3BR | $3,321 | $3,500 | −$179 (-5.1%) |
| 4BR | $3,995 | $4,250 | −$254 (-6.0%) |
| 4BR | $3,995 | $4,250 | −$254 (-6.0%) |
| 4BR | $3,995 | $4,250 | −$254 (-6.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.