Monthly Rent Report
West Farms Rent Report — May 2021
Asking rents in ZIP 10460, New York City, from 62 listings.
Median 1BR rent in West Farms was $1,488 in May 2021, down 0.8% (−$12) from April 2021 and down 0.8% year-over-year. The middle half of 1BR listings asked between $1,475 and $1,500. That puts West Farms $333 below the New York City citywide 1BR median of $1,820. The month's figures are based on 62 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,798 | +$154 (+9.3%) | +$348 (+24.0%) | $1,549 – $1,798 | 3 |
| Studio | $1,798 | +$154 (+9.3%) | +$348 (+24.0%) | $1,549 – $1,798 | 3 |
| 1BR | $1,488 | −$12 (-0.8%) | −$12 (-0.8%) | $1,475 – $1,500 | 6 |
| 1BR | $1,475 | −$25 (-1.7%) | −$25 (-1.7%) | $1,458 – $1,500 | 7 |
| 2BR | $1,900 | −$50 (-2.6%) | −$50 (-2.6%) | $1,888 – $2,014 | 8 |
| 2BR | $1,900 | −$50 (-2.6%) | −$50 (-2.6%) | $1,888 – $2,014 | 8 |
| 3BR | $2,500 | −$65 (-2.5%) | +$200 (+8.7%) | $2,500 – $2,565 | 16 |
| 3BR | $2,600 | +$35 (+1.4%) | +$300 (+13.0%) | $2,600 – $2,600 | 1 |
| 4BR | $3,200 | — | +$651 (+25.5%) | $2,850 – $3,200 | 3 |
| 4BR | $3,200 | — | +$651 (+25.5%) | $2,850 – $3,200 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
West Farms vs. New York City — May 2021
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,798 | $1,661 | +$137 (+8.3%) |
| Studio | $1,798 | $1,661 | +$137 (+8.3%) |
| 1BR | $1,488 | $1,820 | −$332 (-18.3%) |
| 1BR | $1,475 | $1,820 | −$345 (-19.0%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 2BR | $1,900 | $2,200 | −$300 (-13.6%) |
| 3BR | $2,500 | $2,550 | −$50 (-2.0%) |
| 3BR | $2,600 | $2,550 | +$50 (+2.0%) |
| 4BR | $3,200 | $3,400 | −$200 (-5.9%) |
| 4BR | $3,200 | $3,400 | −$200 (-5.9%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.