Monthly Rent Report
West Farms Rent Report — June 2023
Asking rents in ZIP 10460, New York City, from 66 listings.
Median 1BR rent in West Farms was $1,725 in June 2023, down 13.8% (−$275) from May 2023 and down 9.2% year-over-year. The middle half of 1BR listings asked between $1,586 and $2,247. That puts West Farms $763 below the New York City citywide 1BR median of $2,488. The month's figures are based on 66 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | — | — | $2,050 – $2,200 | 3 |
| Studio | $2,200 | — | — | $2,050 – $2,200 | 3 |
| 1BR | $1,725 | −$275 (-13.8%) | −$175 (-9.2%) | $1,586 – $2,247 | 20 |
| 1BR | $2,387 | +$387 (+19.4%) | +$487 (+25.6%) | $2,387 – $2,387 | 1 |
| 2BR | $2,100 | −$350 (-14.3%) | +$350 (+20.0%) | $2,075 – $2,200 | 4 |
| 2BR | $2,499 | +$49 (+2.0%) | +$749 (+42.8%) | $2,100 – $2,499 | 13 |
| 3BR | $3,214 | +$164 (+5.4%) | +$582 (+22.1%) | $3,182 – $3,214 | 4 |
| 3BR | $3,000 | −$50 (-1.6%) | +$368 (+14.0%) | $3,000 – $3,200 | 13 |
| 4BR | $3,822 | +$382 (+11.1%) | +$972 (+34.1%) | $3,634 – $4,009 | 2 |
| 4BR | $3,446 | +$6 (+0.2%) | +$596 (+20.9%) | $3,446 – $3,446 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — June 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,500 | −$300 (-12.0%) |
| Studio | $2,200 | $2,500 | −$300 (-12.0%) |
| 1BR | $1,725 | $2,488 | −$763 (-30.7%) |
| 1BR | $2,387 | $2,488 | −$100 (-4.0%) |
| 2BR | $2,100 | $2,828 | −$728 (-25.7%) |
| 2BR | $2,499 | $2,828 | −$329 (-11.6%) |
| 3BR | $3,214 | $3,300 | −$86 (-2.6%) |
| 3BR | $3,000 | $3,300 | −$300 (-9.1%) |
| 4BR | $3,822 | $4,200 | −$378 (-9.0%) |
| 4BR | $3,446 | $4,200 | −$754 (-18.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.