Monthly Rent Report

Washington Heights Rent Report — September 2024

Asking rents in ZIP 10040, New York City, from 107 listings.

Median 1BR rent in Washington Heights was $1,700 in September 2024, down 20.9% (−$450) from August 2024 and down 9.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Washington Heights $693 below the New York City citywide 1BR median of $2,393. The month's figures are based on 107 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2024Vs. September 2023P25–P75 RangeListings
Studio$2,207−$194 (-8.1%)+$457 (+26.1%)$2,093 – $2,52315
1BR$1,700−$450 (-20.9%)−$175 (-9.3%)$1,700 – $1,7001
2BR$2,588+$88 (+3.5%)−$457 (-15.0%)$2,395 – $2,93870
3BR$3,025$0 (0.0%)−$975 (-24.4%)$2,950 – $3,05019
4BR$3,275−$65 (-1.9%)−$772 (-19.1%)$3,275 – $3,2751

Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.

Washington Heights vs. New York CitySeptember 2024

BedroomsWashington Heights MedianNYC Citywide MedianDifference
Studio$2,207$2,369−$162 (-6.8%)
1BR$1,700$2,393−$693 (-29.0%)
2BR$2,588$2,900−$312 (-10.8%)
3BR$3,025$3,598−$572 (-15.9%)
4BR$3,275$4,295−$1,020 (-23.7%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in September 2024.

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