Monthly Rent Report
West Farms Rent Report — December 2023
Asking rents in ZIP 10460, New York City, from 65 listings.
Median 1BR rent in West Farms was $2,300 in December 2023, up 39.4% (+$650) from November 2023 and up 31.4% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts West Farms $100 below the New York City citywide 1BR median of $2,400. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,335 | $0 (0.0%) | +$563 (+31.8%) | $2,335 – $2,624 | 10 |
| Studio | $2,480 | +$145 (+6.2%) | +$708 (+39.9%) | $2,335 – $2,798 | 4 |
| 1BR | $2,300 | +$650 (+39.4%) | +$550 (+31.4%) | $2,300 – $2,300 | 1 |
| 1BR | $2,300 | +$650 (+39.4%) | +$550 (+31.4%) | $2,300 – $2,300 | 1 |
| 2BR | $2,696 | −$99 (-3.5%) | +$346 (+14.7%) | $2,696 – $2,696 | 4 |
| 2BR | $2,696 | −$99 (-3.5%) | +$346 (+14.7%) | $2,696 – $2,696 | 4 |
| 3BR | $3,464 | +$380 (+12.3%) | +$864 (+33.2%) | $3,150 – $3,600 | 20 |
| 3BR | $3,464 | +$380 (+12.3%) | +$864 (+33.2%) | $3,229 – $3,566 | 6 |
| 4BR | $3,999 | +$249 (+6.6%) | — | $3,899 – $4,098 | 2 |
| 4BR | $3,849 | +$99 (+2.6%) | — | $3,800 – $4,049 | 11 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
West Farms vs. New York City — December 2023
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,335 | $2,362 | −$27 (-1.1%) |
| Studio | $2,480 | $2,362 | +$118 (+5.0%) |
| 1BR | $2,300 | $2,400 | −$100 (-4.2%) |
| 1BR | $2,300 | $2,400 | −$100 (-4.2%) |
| 2BR | $2,696 | $2,900 | −$204 (-7.0%) |
| 2BR | $2,696 | $2,900 | −$204 (-7.0%) |
| 3BR | $3,464 | $3,500 | −$36 (-1.0%) |
| 3BR | $3,464 | $3,500 | −$36 (-1.0%) |
| 4BR | $3,999 | $4,070 | −$71 (-1.8%) |
| 4BR | $3,849 | $4,070 | −$221 (-5.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.