Monthly Rent Report
Washington Heights Rent Report — July 2024
Asking rents in ZIP 10040, New York City, from 57 listings.
Median 1BR rent in Washington Heights was $2,795 in July 2024, up 30.0% (+$645) from June 2024 and up 39.8% year-over-year. The middle half of 1BR listings asked between $2,543 and $2,998. That puts Washington Heights $295 above the New York City citywide 1BR median of $2,500. The month's figures are based on 57 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | $0 (0.0%) | +$25 (+1.3%) | $1,875 – $2,100 | 3 |
| Studio | $3,073 | +$1,073 (+53.6%) | +$1,098 (+55.6%) | $2,513 – $3,528 | 4 |
| 1BR | $2,795 | +$645 (+30.0%) | +$795 (+39.8%) | $2,543 – $2,998 | 6 |
| 1BR | $1,746 | −$404 (-18.8%) | −$254 (-12.7%) | $1,746 – $1,746 | 1 |
| 1BR | $2,125 | −$25 (-1.2%) | +$125 (+6.3%) | $2,125 – $2,125 | 20 |
| 2BR | $2,950 | +$550 (+22.9%) | +$650 (+28.3%) | $2,950 – $2,950 | 1 |
| 2BR | $2,950 | +$550 (+22.9%) | +$650 (+28.3%) | $2,950 – $2,950 | 5 |
| 2BR | $3,650 | +$1,250 (+52.1%) | +$1,350 (+58.7%) | $3,650 – $3,650 | 1 |
| 3BR | $3,025 | $0 (0.0%) | +$275 (+10.0%) | $2,979 – $3,113 | 11 |
| 3BR | $3,120 | +$95 (+3.1%) | +$370 (+13.5%) | $3,120 – $3,120 | 1 |
| 4BR | $3,203 | −$192 (-5.7%) | −$897 (-21.9%) | $3,101 – $3,304 | 2 |
| 4BR | $3,238 | −$157 (-4.6%) | −$862 (-21.0%) | $3,219 – $3,256 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — July 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $2,800 | −$800 (-28.6%) |
| Studio | $3,073 | $2,800 | +$273 (+9.7%) |
| 1BR | $2,795 | $2,500 | +$295 (+11.8%) |
| 1BR | $1,746 | $2,500 | −$754 (-30.2%) |
| 1BR | $2,125 | $2,500 | −$375 (-15.0%) |
| 2BR | $2,950 | $3,000 | −$50 (-1.7%) |
| 2BR | $2,950 | $3,000 | −$50 (-1.7%) |
| 2BR | $3,650 | $3,000 | +$650 (+21.7%) |
| 3BR | $3,025 | $3,606 | −$581 (-16.1%) |
| 3BR | $3,120 | $3,606 | −$486 (-13.5%) |
| 4BR | $3,203 | $4,500 | −$1,297 (-28.8%) |
| 4BR | $3,238 | $4,500 | −$1,262 (-28.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.