Monthly Rent Report
West Farms Rent Report — April 2023
Asking rents in ZIP 10460, New York City, from 110 listings.
Median 1BR rent in West Farms was $1,625 in April 2023, up 16.1% (+$225) from March 2023 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,933. That puts West Farms $748 below the New York City citywide 1BR median of $2,373. The month's figures are based on 110 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$405 (-21.3%) | +$295 (+24.6%) | $1,495 – $1,495 | 1 |
| Studio | $1,495 | −$405 (-21.3%) | +$295 (+24.6%) | $1,495 – $1,495 | 1 |
| 1BR | $1,625 | +$225 (+16.1%) | −$25 (-1.5%) | $1,525 – $1,933 | 16 |
| 1BR | $1,600 | +$200 (+14.3%) | −$50 (-3.0%) | $1,525 – $2,018 | 15 |
| 2BR | $2,500 | +$400 (+19.0%) | +$350 (+16.3%) | $2,200 – $2,500 | 17 |
| 2BR | $2,500 | +$400 (+19.0%) | +$350 (+16.3%) | $2,200 – $2,500 | 20 |
| 3BR | $3,050 | −$150 (-4.7%) | +$245 (+8.7%) | $3,000 – $3,088 | 18 |
| 3BR | $3,050 | −$150 (-4.7%) | +$245 (+8.7%) | $3,000 – $3,100 | 16 |
| 4BR | $3,200 | −$50 (-1.5%) | −$226 (-6.6%) | $3,150 – $3,424 | 3 |
| 4BR | $3,200 | −$50 (-1.5%) | −$226 (-6.6%) | $3,150 – $3,424 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — April 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $2,349 | −$854 (-36.4%) |
| Studio | $1,495 | $2,349 | −$854 (-36.4%) |
| 1BR | $1,625 | $2,373 | −$747 (-31.5%) |
| 1BR | $1,600 | $2,373 | −$772 (-32.6%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $3,050 | $3,200 | −$150 (-4.7%) |
| 3BR | $3,050 | $3,200 | −$150 (-4.7%) |
| 4BR | $3,200 | $4,148 | −$947 (-22.8%) |
| 4BR | $3,200 | $4,148 | −$947 (-22.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.