Monthly Rent Report
West Farms Rent Report — November 2023
Asking rents in ZIP 10460, New York City, from 125 listings.
Median 1BR rent in West Farms was $1,650 in November 2023, down 25.6% (−$568) from October 2023 and down 27.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,650. That puts West Farms $750 below the New York City citywide 1BR median of $2,400. The month's figures are based on 125 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,335 | $0 (0.0%) | +$535 (+29.7%) | $2,335 – $2,335 | 4 |
| Studio | $2,335 | $0 (0.0%) | +$535 (+29.7%) | $2,335 – $2,335 | 4 |
| 1BR | $1,650 | −$568 (-25.6%) | −$638 (-27.9%) | $1,600 – $1,650 | 9 |
| 1BR | $1,998 | −$220 (-9.9%) | −$290 (-12.7%) | $1,774 – $2,221 | 2 |
| 2BR | $2,499 | −$51 (-2.0%) | −$28 (-1.1%) | $2,345 – $2,555 | 32 |
| 2BR | $2,795 | +$245 (+9.6%) | +$268 (+10.6%) | $2,795 – $2,795 | 1 |
| 3BR | $3,084 | −$116 (-3.6%) | $0 (0.0%) | $3,084 – $3,149 | 3 |
| 3BR | $3,207 | +$7 (+0.2%) | +$123 (+4.0%) | $3,084 – $3,300 | 38 |
| 4BR | $3,750 | $0 (0.0%) | — | $3,647 – $3,849 | 29 |
| 4BR | $3,849 | +$99 (+2.6%) | — | $3,849 – $3,849 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — November 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,335 | $2,395 | −$60 (-2.5%) |
| Studio | $2,335 | $2,395 | −$60 (-2.5%) |
| 1BR | $1,650 | $2,400 | −$750 (-31.3%) |
| 1BR | $1,998 | $2,400 | −$402 (-16.8%) |
| 2BR | $2,499 | $2,798 | −$298 (-10.7%) |
| 2BR | $2,795 | $2,798 | −$2 (-0.1%) |
| 3BR | $3,084 | $3,300 | −$216 (-6.5%) |
| 3BR | $3,207 | $3,300 | −$93 (-2.8%) |
| 4BR | $3,750 | $4,199 | −$449 (-10.7%) |
| 4BR | $3,849 | $4,199 | −$350 (-8.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.