Monthly Rent Report
West Farms Rent Report — July 2020
Asking rents in ZIP 10460, New York City, from 89 listings.
Median 1BR rent in West Farms was $1,325 in July 2020, down 21.5% (−$362) from June 2020. The middle half of 1BR listings asked between $1,325 and $1,325. That puts West Farms $500 below the New York City citywide 1BR median of $1,825. The month's figures are based on 89 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$75 (+4.9%) | — | $1,600 – $1,600 | 1 |
| Studio | $1,600 | +$75 (+4.9%) | — | $1,600 – $1,600 | 1 |
| 1BR | $1,325 | −$362 (-21.5%) | — | $1,325 – $1,325 | 1 |
| 1BR | $1,463 | −$224 (-13.3%) | — | $1,450 – $1,636 | 14 |
| 2BR | $2,200 | +$250 (+12.8%) | — | $1,900 – $2,320 | 35 |
| 2BR | $2,290 | +$340 (+17.4%) | — | $2,245 – $2,320 | 3 |
| 3BR | $2,388 | +$38 (+1.6%) | — | $2,238 – $2,425 | 6 |
| 3BR | $2,400 | +$50 (+2.1%) | — | $2,200 – $2,450 | 24 |
| 4BR | $2,700 | +$100 (+3.8%) | — | $2,650 – $2,750 | 2 |
| 4BR | $2,700 | +$100 (+3.8%) | — | $2,650 – $2,750 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
West Farms vs. New York City — July 2020
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,700 | −$99 (-5.9%) |
| Studio | $1,600 | $1,700 | −$99 (-5.9%) |
| 1BR | $1,325 | $1,825 | −$500 (-27.4%) |
| 1BR | $1,463 | $1,825 | −$362 (-19.9%) |
| 2BR | $2,200 | $2,290 | −$90 (-3.9%) |
| 2BR | $2,290 | $2,290 | $0 (0.0%) |
| 3BR | $2,388 | $2,600 | −$212 (-8.2%) |
| 3BR | $2,400 | $2,600 | −$200 (-7.7%) |
| 4BR | $2,700 | $3,285 | −$585 (-17.8%) |
| 4BR | $2,700 | $3,285 | −$585 (-17.8%) |
Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.