Monthly Rent Report
West Farms Rent Report — February 2024
Asking rents in ZIP 10460, New York City, from 164 listings.
Median 1BR rent in West Farms was $2,218 in February 2024, up 13.9% (+$271) from January 2024 and up 8.7% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,300. That puts West Farms $232 below the New York City citywide 1BR median of $2,450. The month's figures are based on 164 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | −$1,072 (-36.1%) | −$300 (-13.6%) | $1,900 – $1,900 | 4 |
| Studio | $1,900 | −$1,072 (-36.1%) | −$300 (-13.6%) | $1,900 – $1,900 | 9 |
| 1BR | $2,218 | +$271 (+13.9%) | +$178 (+8.7%) | $2,150 – $2,300 | 24 |
| 1BR | $2,300 | +$353 (+18.1%) | +$260 (+12.7%) | $2,209 – $2,300 | 11 |
| 2BR | $3,000 | +$473 (+18.7%) | +$900 (+42.9%) | $2,773 – $3,027 | 11 |
| 2BR | $3,000 | +$473 (+18.7%) | +$900 (+42.9%) | $2,773 – $3,027 | 11 |
| 3BR | $3,777 | +$477 (+14.5%) | +$518 (+15.9%) | $3,777 – $3,777 | 1 |
| 3BR | $3,600 | +$300 (+9.1%) | +$341 (+10.5%) | $3,399 – $3,777 | 60 |
| 4BR | $4,500 | +$1,000 (+28.6%) | — | $4,500 – $4,500 | 4 |
| 4BR | $4,070 | +$570 (+16.3%) | — | $3,777 – $4,500 | 25 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — February 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $2,359 | −$459 (-19.4%) |
| Studio | $1,900 | $2,359 | −$459 (-19.4%) |
| 1BR | $2,218 | $2,450 | −$232 (-9.5%) |
| 1BR | $2,300 | $2,450 | −$150 (-6.1%) |
| 2BR | $3,000 | $2,979 | +$21 (+0.7%) |
| 2BR | $3,000 | $2,979 | +$21 (+0.7%) |
| 3BR | $3,777 | $3,500 | +$277 (+7.9%) |
| 3BR | $3,600 | $3,500 | +$100 (+2.9%) |
| 4BR | $4,500 | $4,148 | +$353 (+8.5%) |
| 4BR | $4,070 | $4,148 | −$77 (-1.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.