Monthly Rent Report
Washington Heights Rent Report — December 2024
Asking rents in ZIP 10040, New York City, from 17 listings.
Median 1BR rent in Washington Heights was $1,975 in December 2024, down 24.0% (−$625) from November 2024 and up 16.5% year-over-year. The middle half of 1BR listings asked between $1,975 and $1,975. That puts Washington Heights $505 below the New York City citywide 1BR median of $2,480. The month's figures are based on 17 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$852 (-39.6%) | −$900 (-40.9%) | $1,300 – $1,300 | 1 |
| 1BR | $1,975 | −$625 (-24.0%) | +$280 (+16.5%) | $1,975 – $1,975 | 1 |
| 1BR | $1,975 | −$625 (-24.0%) | +$280 (+16.5%) | $1,975 – $1,975 | 1 |
| 2BR | $2,548 | −$2 (-0.1%) | −$802 (-24.0%) | $2,471 – $2,624 | 2 |
| 2BR | $2,548 | −$2 (-0.1%) | −$802 (-24.0%) | $2,471 – $2,624 | 2 |
| 3BR | $2,995 | −$505 (-14.4%) | $0 (0.0%) | $2,995 – $2,995 | 3 |
| 3BR | $2,995 | −$505 (-14.4%) | $0 (0.0%) | $2,995 – $2,995 | 3 |
| 4BR | $3,288 | +$13 (+0.4%) | — | $3,275 – $3,300 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — December 2024
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $2,525 | −$1,225 (-48.5%) |
| 1BR | $1,975 | $2,480 | −$504 (-20.3%) |
| 1BR | $1,975 | $2,480 | −$504 (-20.3%) |
| 2BR | $2,548 | $2,975 | −$427 (-14.4%) |
| 2BR | $2,548 | $2,975 | −$427 (-14.4%) |
| 3BR | $2,995 | $3,546 | −$550 (-15.5%) |
| 3BR | $2,995 | $3,546 | −$550 (-15.5%) |
| 4BR | $3,288 | $4,150 | −$862 (-20.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.