Monthly Rent Report
Washington Heights Rent Report — October 2024
Asking rents in ZIP 10040, New York City, from 18 listings.
Median 1BR rent in Washington Heights was $2,500 in October 2024, up 47.1% (+$800) from September 2024 and up 31.6% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Washington Heights $194 above the New York City citywide 1BR median of $2,306. The month's figures are based on 18 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,285 | +$78 (+3.5%) | +$185 (+8.8%) | $2,043 – $2,495 | 4 |
| 1BR | $2,500 | +$800 (+47.1%) | +$600 (+31.6%) | $2,500 – $2,500 | 1 |
| 2BR | $2,700 | +$113 (+4.3%) | −$200 (-6.9%) | $2,399 – $4,004 | 9 |
| 3BR | $3,048 | +$23 (+0.7%) | +$853 (+38.8%) | $3,021 – $3,074 | 2 |
| 4BR | $3,275 | $0 (0.0%) | −$720 (-18.0%) | $3,275 – $3,275 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — October 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,285 | $2,550 | −$265 (-10.4%) |
| 1BR | $2,500 | $2,306 | +$194 (+8.4%) |
| 2BR | $2,700 | $2,914 | −$213 (-7.3%) |
| 3BR | $3,048 | $3,519 | −$471 (-13.4%) |
| 4BR | $3,275 | $4,100 | −$825 (-20.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in October 2024.