Monthly Rent Report
West Farms Rent Report — March 2024
Asking rents in ZIP 10460, New York City, from 153 listings.
Median 1BR rent in West Farms was $1,550 in March 2024, down 30.1% (−$668) from February 2024 and up 10.7% year-over-year. The middle half of 1BR listings asked between $1,550 and $2,440. That puts West Farms $949 below the New York City citywide 1BR median of $2,499. The month's figures are based on 153 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$600 (+31.6%) | +$600 (+31.6%) | $2,405 – $2,531 | 12 |
| Studio | $2,500 | +$600 (+31.6%) | +$600 (+31.6%) | $2,405 – $2,500 | 8 |
| 1BR | $1,550 | −$668 (-30.1%) | +$150 (+10.7%) | $1,550 – $2,440 | 26 |
| 1BR | $1,550 | −$668 (-30.1%) | +$150 (+10.7%) | $1,550 – $2,150 | 17 |
| 2BR | $2,904 | −$96 (-3.2%) | +$504 (+21.0%) | $2,716 – $2,952 | 7 |
| 2BR | $2,904 | −$96 (-3.2%) | +$504 (+21.0%) | $2,621 – $3,020 | 10 |
| 3BR | $2,700 | −$900 (-25.0%) | −$600 (-18.2%) | $2,700 – $2,700 | 1 |
| 3BR | $3,550 | −$50 (-1.4%) | +$250 (+7.6%) | $3,300 – $3,777 | 28 |
| 4BR | $4,070 | $0 (0.0%) | +$820 (+25.2%) | $4,045 – $4,070 | 14 |
| 4BR | $4,070 | $0 (0.0%) | +$820 (+25.2%) | $4,045 – $4,070 | 18 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — March 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,450 | +$50 (+2.0%) |
| Studio | $2,500 | $2,450 | +$50 (+2.0%) |
| 1BR | $1,550 | $2,499 | −$949 (-38.0%) |
| 1BR | $1,550 | $2,499 | −$949 (-38.0%) |
| 2BR | $2,904 | $2,995 | −$90 (-3.0%) |
| 2BR | $2,904 | $2,995 | −$90 (-3.0%) |
| 3BR | $2,700 | $3,500 | −$800 (-22.9%) |
| 3BR | $3,550 | $3,500 | +$50 (+1.4%) |
| 4BR | $4,070 | $4,250 | −$179 (-4.2%) |
| 4BR | $4,070 | $4,250 | −$179 (-4.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.