Monthly Rent Report
West Farms Rent Report — August 2021
Asking rents in ZIP 10460, New York City, from 53 listings.
Median 1BR rent in West Farms was $1,593 in August 2021, up 11.8% (+$168) from July 2021 and up 6.2% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,800. That puts West Farms $267 below the New York City citywide 1BR median of $1,860. The month's figures are based on 53 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | — | — | $1,412 – $1,650 | 3 |
| Studio | $1,500 | — | — | $1,412 – $1,650 | 3 |
| 1BR | $1,593 | +$168 (+11.8%) | +$93 (+6.2%) | $1,495 – $1,800 | 17 |
| 1BR | $1,473 | +$48 (+3.3%) | −$27 (-1.8%) | $1,448 – $1,496 | 4 |
| 2BR | $2,096 | $0 (0.0%) | −$104 (-4.7%) | $1,950 – $2,150 | 11 |
| 2BR | $1,950 | −$146 (-7.0%) | −$250 (-11.4%) | $1,925 – $1,975 | 2 |
| 3BR | $2,500 | +$150 (+6.4%) | +$150 (+6.4%) | $2,500 – $2,500 | 1 |
| 3BR | $2,200 | −$150 (-6.4%) | −$150 (-6.4%) | $2,050 – $2,460 | 8 |
| 4BR | $2,475 | −$175 (-6.6%) | — | $2,388 – $2,563 | 2 |
| 4BR | $2,475 | −$175 (-6.6%) | — | $2,388 – $2,563 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
West Farms vs. New York City — August 2021
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,749 | −$249 (-14.2%) |
| Studio | $1,500 | $1,749 | −$249 (-14.2%) |
| 1BR | $1,593 | $1,860 | −$267 (-14.4%) |
| 1BR | $1,473 | $1,860 | −$387 (-20.8%) |
| 2BR | $2,096 | $2,275 | −$179 (-7.9%) |
| 2BR | $1,950 | $2,275 | −$325 (-14.3%) |
| 3BR | $2,500 | $2,648 | −$147 (-5.6%) |
| 3BR | $2,200 | $2,648 | −$447 (-16.9%) |
| 4BR | $2,475 | $3,350 | −$875 (-26.1%) |
| 4BR | $2,475 | $3,350 | −$875 (-26.1%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in August 2021.