Monthly Rent Report
Washington Heights Rent Report — May 2025
Asking rents in ZIP 10040, New York City, from 35 listings.
Median 1BR rent in Washington Heights was $3,347 in May 2025, up 57.5% (+$1,222) from April 2025 and up 39.5% year-over-year. The middle half of 1BR listings asked between $3,026 and $3,609. That puts Washington Heights $506 above the New York City citywide 1BR median of $2,841. The month's figures are based on 35 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,139 | +$1,039 (+49.5%) | +$1,089 (+53.1%) | $3,067 – $3,195 | 3 |
| 1BR | $3,347 | +$1,222 (+57.5%) | +$947 (+39.5%) | $3,026 – $3,609 | 4 |
| 1BR | $2,613 | +$488 (+22.9%) | +$213 (+8.9%) | $2,025 – $3,125 | 6 |
| 2BR | $3,399 | −$1,323 (-28.0%) | +$974 (+40.2%) | $3,124 – $4,684 | 8 |
| 2BR | $5,295 | +$573 (+12.1%) | +$2,870 (+118.4%) | $5,145 – $5,545 | 3 |
| 3BR | $3,300 | +$275 (+9.1%) | +$253 (+8.3%) | $3,100 – $4,200 | 7 |
| 3BR | $3,150 | +$125 (+4.1%) | +$103 (+3.4%) | $3,025 – $3,275 | 2 |
| 4BR | $4,100 | +$825 (+25.2%) | +$450 (+12.3%) | $4,100 – $4,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Washington Heights vs. New York City — May 2025
| Bedrooms | Washington Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,139 | $2,799 | +$340 (+12.1%) |
| 1BR | $3,347 | $2,841 | +$506 (+17.8%) |
| 1BR | $2,613 | $2,841 | −$228 (-8.0%) |
| 2BR | $3,399 | $3,263 | +$137 (+4.2%) |
| 2BR | $5,295 | $3,263 | +$2,033 (+62.3%) |
| 3BR | $3,300 | $3,777 | −$477 (-12.6%) |
| 3BR | $3,150 | $3,777 | −$627 (-16.6%) |
| 4BR | $4,100 | $4,345 | −$245 (-5.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.