Monthly Rent Report
West Farms Rent Report — December 2022
Asking rents in ZIP 10460, New York City, from 65 listings.
Median 1BR rent in West Farms was $2,218 in December 2022, down 3.1% (−$70) from November 2022 and up 20.0% year-over-year. The middle half of 1BR listings asked between $2,218 and $2,218. That puts West Farms in line with the New York City citywide 1BR median of $2,222. The month's figures are based on 65 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,772 | −$28 (-1.6%) | +$377 (+27.0%) | $1,772 – $1,772 | 1 |
| Studio | $1,772 | −$28 (-1.6%) | +$377 (+27.0%) | $1,772 – $1,772 | 6 |
| 1BR | $2,218 | −$70 (-3.1%) | +$370 (+20.0%) | $2,218 – $2,218 | 3 |
| 1BR | $1,750 | −$538 (-23.5%) | −$98 (-5.3%) | $1,750 – $2,019 | 6 |
| 2BR | $2,350 | −$177 (-7.0%) | +$351 (+17.6%) | $1,975 – $2,600 | 19 |
| 2BR | $2,350 | −$177 (-7.0%) | +$351 (+17.6%) | $1,975 – $2,500 | 9 |
| 3BR | $2,650 | −$538 (-16.9%) | +$163 (+6.6%) | $2,600 – $2,912 | 18 |
| 3BR | $2,600 | −$588 (-18.4%) | +$113 (+4.5%) | $2,600 – $2,756 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
West Farms vs. New York City — December 2022
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,772 | $2,098 | −$325 (-15.5%) |
| Studio | $1,772 | $2,098 | −$325 (-15.5%) |
| 1BR | $2,218 | $2,222 | −$3 (-0.2%) |
| 1BR | $1,750 | $2,222 | −$471 (-21.2%) |
| 2BR | $2,350 | $2,700 | −$350 (-13.0%) |
| 2BR | $2,350 | $2,700 | −$350 (-13.0%) |
| 3BR | $2,650 | $3,200 | −$550 (-17.2%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.