Monthly Rent Report
Washington Heights Rent Report — April 2024
Asking rents in ZIP 10040, New York City, from 197 listings.
Median 1BR rent in Washington Heights was $2,025 in April 2024, down 12.0% (−$275) from March 2024 and up 1.3% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,195. That puts Washington Heights $475 below the New York City citywide 1BR median of $2,500. The month's figures are based on 197 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$125 (+6.1%) | −$75 (-3.3%) | $2,036 – $2,250 | 8 |
| Studio | $2,200 | +$150 (+7.3%) | −$50 (-2.2%) | $2,200 – $2,200 | 1 |
| Studio | $2,050 | $0 (0.0%) | −$200 (-8.9%) | $1,995 – $2,100 | 5 |
| 1BR | $2,025 | −$275 (-12.0%) | +$25 (+1.3%) | $1,900 – $2,195 | 26 |
| 1BR | $2,150 | −$150 (-6.5%) | +$150 (+7.5%) | $1,924 – $2,575 | 22 |
| 1BR | $1,973 | −$327 (-14.2%) | −$27 (-1.4%) | $1,863 – $2,498 | 14 |
| 2BR | $2,569 | +$169 (+7.0%) | −$381 (-12.9%) | $2,250 – $3,198 | 30 |
| 2BR | $2,500 | +$100 (+4.2%) | −$450 (-15.3%) | $2,250 – $3,195 | 13 |
| 2BR | $2,995 | +$595 (+24.8%) | +$45 (+1.5%) | $2,275 – $3,197 | 27 |
| 3BR | $2,995 | −$326 (-9.8%) | $0 (0.0%) | $2,656 – $3,300 | 15 |
| 3BR | $3,298 | −$23 (-0.7%) | +$303 (+10.1%) | $2,913 – $3,595 | 12 |
| 3BR | $3,000 | −$321 (-9.7%) | +$5 (+0.2%) | $2,667 – $3,600 | 14 |
| 4BR | $3,995 | $0 (0.0%) | +$720 (+22.0%) | $3,995 – $3,995 | 2 |
| 4BR | $3,995 | $0 (0.0%) | +$720 (+22.0%) | $3,995 – $3,995 | 2 |
| 4BR | $3,995 | $0 (0.0%) | +$720 (+22.0%) | $3,995 – $3,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — April 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $2,491 | −$316 (-12.7%) |
| Studio | $2,200 | $2,491 | −$291 (-11.7%) |
| Studio | $2,050 | $2,491 | −$441 (-17.7%) |
| 1BR | $2,025 | $2,500 | −$475 (-19.0%) |
| 1BR | $2,150 | $2,500 | −$350 (-14.0%) |
| 1BR | $1,973 | $2,500 | −$527 (-21.1%) |
| 2BR | $2,569 | $2,995 | −$426 (-14.2%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 2BR | $2,995 | $2,995 | $0 (0.0%) |
| 3BR | $2,995 | $3,500 | −$505 (-14.4%) |
| 3BR | $3,298 | $3,500 | −$202 (-5.8%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 4BR | $3,995 | $4,270 | −$275 (-6.4%) |
| 4BR | $3,995 | $4,270 | −$275 (-6.4%) |
| 4BR | $3,995 | $4,270 | −$275 (-6.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.