Monthly Rent Report
West Farms Rent Report — September 2023
Asking rents in ZIP 10460, New York City, from 37 listings.
Median 1BR rent in West Farms was $2,218 in September 2023, up 51.9% (+$758) from August 2023 and up 3.2% year-over-year. The middle half of 1BR listings asked between $2,218 and $2,218. That puts West Farms $282 below the New York City citywide 1BR median of $2,500. The month's figures are based on 37 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$650 (-34.2%) | −$831 (-39.9%) | $1,250 – $1,575 | 3 |
| 1BR | $2,218 | +$758 (+51.9%) | +$68 (+3.2%) | $2,218 – $2,218 | 2 |
| 1BR | $2,218 | +$758 (+51.9%) | +$68 (+3.2%) | $2,218 – $2,218 | 7 |
| 2BR | $2,500 | −$100 (-3.8%) | +$150 (+6.4%) | $2,500 – $2,500 | 1 |
| 3BR | $2,992 | +$67 (+2.3%) | +$292 (+10.8%) | $2,700 – $3,200 | 16 |
| 3BR | $3,142 | +$217 (+7.4%) | +$442 (+16.4%) | $3,084 – $3,200 | 4 |
| 4BR | $3,750 | +$250 (+7.1%) | — | $3,750 – $3,750 | 3 |
| 4BR | $3,850 | +$350 (+10.0%) | — | $3,850 – $3,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — September 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,400 | −$1,150 (-47.9%) |
| 1BR | $2,218 | $2,500 | −$282 (-11.3%) |
| 1BR | $2,218 | $2,500 | −$282 (-11.3%) |
| 2BR | $2,500 | $3,000 | −$500 (-16.7%) |
| 3BR | $2,992 | $3,500 | −$508 (-14.5%) |
| 3BR | $3,142 | $3,500 | −$358 (-10.2%) |
| 4BR | $3,750 | $4,325 | −$575 (-13.3%) |
| 4BR | $3,850 | $4,325 | −$475 (-11.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.