Monthly Rent Report
West Farms Rent Report — January 2024
Asking rents in ZIP 10460, New York City, from 64 listings.
Median 1BR rent in West Farms was $1,948 in January 2024, down 15.3% (−$352) from December 2023 and up 39.1% year-over-year. The middle half of 1BR listings asked between $1,595 and $2,399. That puts West Farms $403 below the New York City citywide 1BR median of $2,350. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,972 | +$637 (+27.3%) | +$772 (+35.1%) | $2,798 – $3,146 | 2 |
| Studio | $2,972 | +$637 (+27.3%) | +$772 (+35.1%) | $2,798 – $3,146 | 2 |
| 1BR | $1,948 | −$352 (-15.3%) | +$548 (+39.1%) | $1,595 – $2,399 | 4 |
| 1BR | $1,948 | −$352 (-15.3%) | +$548 (+39.1%) | $1,595 – $2,399 | 4 |
| 2BR | $2,527 | −$169 (-6.3%) | +$327 (+14.9%) | $2,527 – $3,027 | 7 |
| 2BR | $2,527 | −$169 (-6.3%) | +$327 (+14.9%) | $2,527 – $2,527 | 2 |
| 3BR | $3,300 | −$164 (-4.7%) | +$850 (+34.7%) | $3,188 – $3,500 | 13 |
| 3BR | $3,300 | −$164 (-4.7%) | +$850 (+34.7%) | $3,188 – $3,491 | 14 |
| 4BR | $3,500 | −$498 (-12.5%) | — | $3,425 – $3,875 | 14 |
| 4BR | $3,500 | −$498 (-12.5%) | — | $3,500 – $3,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — January 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,972 | $2,338 | +$635 (+27.1%) |
| Studio | $2,972 | $2,338 | +$635 (+27.1%) |
| 1BR | $1,948 | $2,350 | −$402 (-17.1%) |
| 1BR | $1,948 | $2,350 | −$402 (-17.1%) |
| 2BR | $2,527 | $2,885 | −$358 (-12.4%) |
| 2BR | $2,527 | $2,885 | −$358 (-12.4%) |
| 3BR | $3,300 | $3,443 | −$143 (-4.2%) |
| 3BR | $3,300 | $3,443 | −$143 (-4.2%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
| 4BR | $3,500 | $4,000 | −$500 (-12.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.