Monthly Rent Report
West Farms Rent Report — July 2024
Asking rents in ZIP 10460, New York City, from 45 listings.
Median 1BR rent in West Farms was $2,125 in July 2024, up 18.1% (+$325) from June 2024 and down 4.2% year-over-year. The middle half of 1BR listings asked between $2,125 and $2,172. That puts West Farms $375 below the New York City citywide 1BR median of $2,500. The month's figures are based on 45 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,532 | +$92 (+3.8%) | +$632 (+33.3%) | $2,351 – $2,798 | 4 |
| Studio | $2,500 | +$60 (+2.5%) | +$600 (+31.6%) | $2,500 – $2,500 | 3 |
| 1BR | $2,125 | +$325 (+18.1%) | −$93 (-4.2%) | $2,125 – $2,172 | 3 |
| 1BR | $1,850 | +$50 (+2.8%) | −$368 (-16.6%) | $1,850 – $1,850 | 3 |
| 2BR | $1,750 | −$1,154 (-39.7%) | −$50 (-2.8%) | $1,750 – $1,750 | 1 |
| 2BR | $1,750 | −$1,154 (-39.7%) | −$50 (-2.8%) | $1,750 – $1,750 | 1 |
| 3BR | $3,525 | +$25 (+0.7%) | +$225 (+6.8%) | $3,341 – $3,606 | 10 |
| 3BR | $3,606 | +$106 (+3.0%) | +$306 (+9.3%) | $3,464 – $3,777 | 9 |
| 4BR | $4,197 | +$197 (+4.9%) | +$597 (+16.6%) | $4,000 – $4,197 | 5 |
| 4BR | $3,950 | −$50 (-1.3%) | +$350 (+9.7%) | $3,800 – $3,950 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — July 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,532 | $2,800 | −$268 (-9.6%) |
| Studio | $2,500 | $2,800 | −$300 (-10.7%) |
| 1BR | $2,125 | $2,500 | −$375 (-15.0%) |
| 1BR | $1,850 | $2,500 | −$650 (-26.0%) |
| 2BR | $1,750 | $3,000 | −$1,250 (-41.7%) |
| 2BR | $1,750 | $3,000 | −$1,250 (-41.7%) |
| 3BR | $3,525 | $3,606 | −$81 (-2.2%) |
| 3BR | $3,606 | $3,606 | $0 (0.0%) |
| 4BR | $4,197 | $4,500 | −$303 (-6.7%) |
| 4BR | $3,950 | $4,500 | −$550 (-12.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.