Monthly Rent Report
West Farms Rent Report — October 2023
Asking rents in ZIP 10460, New York City, from 198 listings.
Median 1BR rent in West Farms was $1,650 in October 2023, down 25.6% (−$568) from September 2023 and up 13.0% year-over-year. The middle half of 1BR listings asked between $1,550 and $2,218. That puts West Farms $800 below the New York City citywide 1BR median of $2,450. The month's figures are based on 198 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,335 | +$1,085 (+86.8%) | — | $2,335 – $2,335 | 6 |
| Studio | $1,900 | +$650 (+52.0%) | — | $1,900 – $2,009 | 4 |
| 1BR | $1,650 | −$568 (-25.6%) | +$190 (+13.0%) | $1,550 – $2,218 | 9 |
| 1BR | $2,218 | $0 (0.0%) | +$758 (+51.9%) | $1,650 – $2,300 | 26 |
| 2BR | $2,600 | +$100 (+4.0%) | $0 (0.0%) | $2,500 – $2,600 | 37 |
| 2BR | $2,550 | +$50 (+2.0%) | −$50 (-1.9%) | $2,463 – $2,600 | 10 |
| 3BR | $3,200 | +$208 (+7.0%) | −$150 (-4.5%) | $3,200 – $3,200 | 1 |
| 3BR | $3,214 | +$222 (+7.4%) | −$136 (-4.1%) | $3,094 – $3,214 | 52 |
| 4BR | $3,750 | $0 (0.0%) | +$650 (+21.0%) | $3,500 – $3,900 | 36 |
| 4BR | $3,900 | +$150 (+4.0%) | +$800 (+25.8%) | $3,500 – $3,900 | 13 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — October 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,335 | $2,411 | −$75 (-3.1%) |
| Studio | $1,900 | $2,411 | −$510 (-21.2%) |
| 1BR | $1,650 | $2,450 | −$800 (-32.7%) |
| 1BR | $2,218 | $2,450 | −$232 (-9.5%) |
| 2BR | $2,600 | $2,900 | −$300 (-10.3%) |
| 2BR | $2,550 | $2,900 | −$350 (-12.1%) |
| 3BR | $3,200 | $3,349 | −$149 (-4.4%) |
| 3BR | $3,214 | $3,349 | −$135 (-4.0%) |
| 4BR | $3,750 | $4,200 | −$450 (-10.7%) |
| 4BR | $3,900 | $4,200 | −$300 (-7.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.