Monthly Rent Report
West Farms Rent Report — May 2024
Asking rents in ZIP 10460, New York City, from 147 listings.
Median 1BR rent in West Farms was $1,800 in May 2024, up 9.1% (+$150) from April 2024 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,732 and $2,218. That puts West Farms $625 below the New York City citywide 1BR median of $2,425. The month's figures are based on 147 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,085 | −$385 (-15.6%) | — | $1,900 – $2,500 | 15 |
| Studio | $1,400 | −$1,070 (-43.3%) | — | $1,400 – $1,400 | 2 |
| 1BR | $1,800 | +$150 (+9.1%) | −$200 (-10.0%) | $1,732 – $2,218 | 23 |
| 1BR | $1,739 | +$89 (+5.4%) | −$261 (-13.1%) | $1,739 – $1,739 | 2 |
| 2BR | $2,398 | −$554 (-18.8%) | +$73 (+3.1%) | $2,395 – $2,904 | 24 |
| 2BR | $2,000 | −$951 (-32.2%) | −$325 (-14.0%) | $2,000 – $2,000 | 1 |
| 3BR | $3,450 | −$150 (-4.2%) | +$400 (+13.1%) | $3,300 – $3,630 | 20 |
| 3BR | $3,450 | −$150 (-4.2%) | +$400 (+13.1%) | $3,300 – $3,630 | 20 |
| 4BR | $3,750 | −$320 (-7.9%) | +$310 (+9.0%) | $2,850 – $4,102 | 24 |
| 4BR | $2,850 | −$1,220 (-30.0%) | −$590 (-17.2%) | $2,850 – $3,700 | 8 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — May 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,085 | $2,350 | −$265 (-11.3%) |
| Studio | $1,400 | $2,350 | −$950 (-40.4%) |
| 1BR | $1,800 | $2,425 | −$625 (-25.8%) |
| 1BR | $1,739 | $2,425 | −$686 (-28.3%) |
| 2BR | $2,398 | $2,914 | −$516 (-17.7%) |
| 2BR | $2,000 | $2,914 | −$913 (-31.4%) |
| 3BR | $3,450 | $3,600 | −$150 (-4.2%) |
| 3BR | $3,450 | $3,600 | −$150 (-4.2%) |
| 4BR | $3,750 | $4,250 | −$500 (-11.8%) |
| 4BR | $2,850 | $4,250 | −$1,400 (-32.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.