Monthly Rent Report
West Farms Rent Report — February 2023
Asking rents in ZIP 10460, New York City, from 100 listings.
Median 1BR rent in West Farms was $2,188 in February 2023, up 9.4% (+$188) from January 2023 and up 32.6% year-over-year. The middle half of 1BR listings asked between $2,188 and $2,188. That puts West Farms in line with the New York City citywide 1BR median of $2,200. The month's figures are based on 100 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$47 (+2.2%) | +$575 (+35.4%) | $1,986 – $2,200 | 3 |
| Studio | $2,200 | +$47 (+2.2%) | +$575 (+35.4%) | $1,986 – $2,200 | 3 |
| 1BR | $2,188 | +$188 (+9.4%) | +$538 (+32.6%) | $2,188 – $2,188 | 3 |
| 1BR | $2,040 | +$40 (+2.0%) | +$390 (+23.6%) | $1,790 – $2,188 | 17 |
| 2BR | $2,100 | $0 (0.0%) | −$285 (-11.9%) | $1,996 – $2,538 | 18 |
| 2BR | $2,600 | +$500 (+23.8%) | +$215 (+9.0%) | $2,538 – $2,600 | 4 |
| 3BR | $3,050 | +$245 (+8.7%) | +$245 (+8.7%) | $3,050 – $3,200 | 51 |
| 3BR | $3,259 | +$454 (+16.2%) | +$454 (+16.2%) | $3,259 – $3,259 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — February 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,260 | −$60 (-2.7%) |
| Studio | $2,200 | $2,260 | −$60 (-2.7%) |
| 1BR | $2,188 | $2,200 | −$11 (-0.5%) |
| 1BR | $2,040 | $2,200 | −$159 (-7.3%) |
| 2BR | $2,100 | $2,695 | −$595 (-22.1%) |
| 2BR | $2,600 | $2,695 | −$95 (-3.5%) |
| 3BR | $3,050 | $3,200 | −$150 (-4.7%) |
| 3BR | $3,259 | $3,200 | +$59 (+1.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.