Monthly Rent Report
Washington Heights Rent Report — June 2024
Asking rents in ZIP 10040, New York City, from 385 listings.
Median 1BR rent in Washington Heights was $2,150 in June 2024, down 10.4% (−$250) from May 2024 and up 7.5% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,675. That puts Washington Heights $300 below the New York City citywide 1BR median of $2,450. The month's figures are based on 385 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | −$50 (-2.4%) | −$350 (-14.9%) | $1,850 – $2,000 | 3 |
| Studio | $2,200 | +$150 (+7.3%) | −$150 (-6.4%) | $1,998 – $2,373 | 15 |
| Studio | $2,200 | +$150 (+7.3%) | −$150 (-6.4%) | $2,000 – $2,495 | 13 |
| 1BR | $2,150 | −$250 (-10.4%) | +$150 (+7.5%) | $2,100 – $2,675 | 51 |
| 1BR | $1,859 | −$541 (-22.5%) | −$141 (-7.0%) | $1,791 – $1,928 | 2 |
| 1BR | $2,125 | −$275 (-11.5%) | +$125 (+6.3%) | $2,087 – $2,125 | 66 |
| 2BR | $2,963 | +$538 (+22.2%) | +$163 (+5.8%) | $2,599 – $3,350 | 36 |
| 2BR | $2,400 | −$25 (-1.0%) | −$400 (-14.3%) | $2,395 – $2,600 | 64 |
| 2BR | $2,600 | +$175 (+7.2%) | −$200 (-7.2%) | $2,395 – $3,075 | 74 |
| 3BR | $2,795 | −$252 (-8.3%) | −$252 (-8.3%) | $2,795 – $2,795 | 1 |
| 3BR | $3,200 | +$153 (+5.0%) | +$153 (+5.0%) | $2,895 – $3,595 | 16 |
| 3BR | $3,025 | −$22 (-0.7%) | −$22 (-0.7%) | $3,006 – $3,200 | 26 |
| 4BR | $3,400 | −$250 (-6.8%) | −$1,000 (-22.7%) | $3,396 – $3,400 | 6 |
| 4BR | $3,000 | −$650 (-17.8%) | −$1,400 (-31.8%) | $3,000 – $3,000 | 1 |
| 4BR | $3,395 | −$255 (-7.0%) | −$1,005 (-22.8%) | $3,275 – $3,398 | 7 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — June 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,440 | −$440 (-18.0%) |
| Studio | $2,200 | $2,440 | −$240 (-9.8%) |
| Studio | $2,200 | $2,440 | −$240 (-9.8%) |
| 1BR | $2,150 | $2,450 | −$300 (-12.2%) |
| 1BR | $1,859 | $2,450 | −$591 (-24.1%) |
| 1BR | $2,125 | $2,450 | −$325 (-13.3%) |
| 2BR | $2,963 | $2,900 | +$63 (+2.2%) |
| 2BR | $2,400 | $2,900 | −$500 (-17.2%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.4%) |
| 3BR | $2,795 | $3,600 | −$805 (-22.4%) |
| 3BR | $3,200 | $3,600 | −$400 (-11.1%) |
| 3BR | $3,025 | $3,600 | −$575 (-16.0%) |
| 4BR | $3,400 | $4,256 | −$856 (-20.1%) |
| 4BR | $3,000 | $4,256 | −$1,256 (-29.5%) |
| 4BR | $3,395 | $4,256 | −$861 (-20.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.