Monthly Rent Report
West Farms Rent Report — May 2022
Asking rents in ZIP 10460, New York City, from 22 listings.
Median 1BR rent in West Farms was $2,016 in May 2022, up 22.2% (+$366) from April 2022 and up 36.7% year-over-year. The middle half of 1BR listings asked between $1,450 and $2,040. That puts West Farms $47 below the New York City citywide 1BR median of $2,063. The month's figures are based on 22 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | +$700 (+58.3%) | +$102 (+5.7%) | $1,900 – $1,900 | 4 |
| Studio | $1,900 | +$700 (+58.3%) | +$102 (+5.7%) | $1,900 – $1,900 | 1 |
| 1BR | $2,016 | +$366 (+22.2%) | +$541 (+36.7%) | $1,450 – $2,040 | 7 |
| 1BR | $2,016 | +$366 (+22.2%) | +$541 (+36.7%) | $2,016 – $2,016 | 1 |
| 2BR | $2,292 | +$142 (+6.6%) | +$392 (+20.6%) | $2,292 – $2,292 | 1 |
| 2BR | $2,292 | +$142 (+6.6%) | +$392 (+20.6%) | $2,292 – $2,292 | 1 |
| 3BR | $2,800 | −$5 (-0.2%) | +$300 (+12.0%) | $2,800 – $2,800 | 1 |
| 3BR | $2,656 | −$149 (-5.3%) | +$156 (+6.2%) | $2,528 – $2,784 | 2 |
| 4BR | $3,300 | −$126 (-3.7%) | +$100 (+3.1%) | $3,300 – $3,300 | 1 |
| 4BR | $3,700 | +$274 (+8.0%) | +$500 (+15.6%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
West Farms vs. New York City — May 2022
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,875 | +$25 (+1.3%) |
| Studio | $1,900 | $1,875 | +$25 (+1.3%) |
| 1BR | $2,016 | $2,063 | −$46 (-2.3%) |
| 1BR | $2,016 | $2,063 | −$46 (-2.3%) |
| 2BR | $2,292 | $2,499 | −$207 (-8.3%) |
| 2BR | $2,292 | $2,499 | −$207 (-8.3%) |
| 3BR | $2,800 | $2,950 | −$150 (-5.1%) |
| 3BR | $2,656 | $2,950 | −$294 (-10.0%) |
| 4BR | $3,300 | $3,600 | −$300 (-8.3%) |
| 4BR | $3,700 | $3,600 | +$100 (+2.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.