Monthly Rent Report
Washington Heights Rent Report — January 2025
Asking rents in ZIP 10040, New York City, from 183 listings.
Median 1BR rent in Washington Heights was $2,495 in January 2025, up 26.3% (+$520) from December 2024 and up 21.7% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,700. That puts Washington Heights in line with the New York City citywide 1BR median of $2,500. The month's figures are based on 183 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,075 | +$775 (+59.6%) | −$575 (-21.7%) | $1,775 – $2,198 | 19 |
| Studio | $1,838 | +$538 (+41.3%) | −$812 (-30.7%) | $1,775 – $1,944 | 4 |
| 1BR | $2,495 | +$520 (+26.3%) | +$445 (+21.7%) | $1,850 – $2,700 | 5 |
| 1BR | $2,300 | +$325 (+16.5%) | +$250 (+12.2%) | $2,025 – $2,795 | 77 |
| 2BR | $2,261 | −$286 (-11.2%) | +$266 (+13.3%) | $2,261 – $2,261 | 1 |
| 2BR | $3,895 | +$1,348 (+52.9%) | +$1,900 (+95.2%) | $3,895 – $3,895 | 6 |
| 2BR | $2,700 | +$153 (+6.0%) | +$705 (+35.3%) | $2,395 – $3,699 | 49 |
| 3BR | $3,000 | +$5 (+0.2%) | +$469 (+18.5%) | $2,206 – $3,025 | 19 |
| 3BR | $2,124 | −$871 (-29.1%) | −$407 (-16.1%) | $2,124 – $2,124 | 1 |
| 4BR | $3,275 | −$12 (-0.4%) | +$725 (+28.4%) | $3,275 – $3,275 | 1 |
| 4BR | $3,275 | −$12 (-0.4%) | +$725 (+28.4%) | $3,275 – $3,275 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — January 2025
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,075 | $2,525 | −$450 (-17.8%) |
| Studio | $1,838 | $2,525 | −$687 (-27.2%) |
| 1BR | $2,495 | $2,500 | −$5 (-0.2%) |
| 1BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 2BR | $2,261 | $2,900 | −$639 (-22.0%) |
| 2BR | $3,895 | $2,900 | +$995 (+34.3%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 3BR | $2,124 | $3,500 | −$1,376 (-39.3%) |
| 4BR | $3,275 | $4,100 | −$825 (-20.1%) |
| 4BR | $3,275 | $4,100 | −$825 (-20.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.