Monthly Rent Report
West Farms Rent Report — March 2023
Asking rents in ZIP 10460, New York City, from 133 listings.
Median 1BR rent in West Farms was $1,650 in March 2023, down 24.6% (−$538) from February 2023 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,525 and $2,139. That puts West Farms $649 below the New York City citywide 1BR median of $2,299. The month's figures are based on 133 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$300 (-13.6%) | +$100 (+5.6%) | $1,786 – $1,900 | 11 |
| Studio | $1,900 | −$300 (-13.6%) | +$100 (+5.6%) | $1,900 – $1,900 | 6 |
| 1BR | $1,650 | −$538 (-24.6%) | +$25 (+1.5%) | $1,525 – $2,139 | 26 |
| 1BR | $1,400 | −$788 (-36.0%) | −$225 (-13.8%) | $1,400 – $1,400 | 1 |
| 2BR | $2,100 | $0 (0.0%) | −$100 (-4.5%) | $2,100 – $2,100 | 1 |
| 2BR | $2,400 | +$300 (+14.3%) | +$200 (+9.1%) | $2,025 – $2,575 | 18 |
| 3BR | $3,200 | −$59 (-1.8%) | +$700 (+28.0%) | $3,050 – $3,300 | 39 |
| 3BR | $3,300 | +$41 (+1.3%) | +$800 (+32.0%) | $3,100 – $3,300 | 21 |
| 4BR | $3,250 | — | +$450 (+16.1%) | $3,200 – $3,300 | 6 |
| 4BR | $3,250 | — | +$450 (+16.1%) | $3,150 – $3,332 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — March 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,200 | −$300 (-13.6%) |
| Studio | $1,900 | $2,200 | −$300 (-13.6%) |
| 1BR | $1,650 | $2,299 | −$649 (-28.2%) |
| 1BR | $1,400 | $2,299 | −$899 (-39.1%) |
| 2BR | $2,100 | $2,650 | −$550 (-20.8%) |
| 2BR | $2,400 | $2,650 | −$250 (-9.4%) |
| 3BR | $3,200 | $3,200 | $0 (0.0%) |
| 3BR | $3,300 | $3,200 | +$100 (+3.1%) |
| 4BR | $3,250 | $3,995 | −$745 (-18.6%) |
| 4BR | $3,250 | $3,995 | −$745 (-18.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.