Monthly Rent Report
West Farms Rent Report — August 2024
Asking rents in ZIP 10460, New York City, from 23 listings.
Median 1BR rent in West Farms was $2,585 in August 2024, up 39.7% (+$735) from July 2024 and up 77.1% year-over-year. The middle half of 1BR listings asked between $2,525 and $2,585. That puts West Farms $195 above the New York City citywide 1BR median of $2,390. The month's figures are based on 23 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | $0 (0.0%) | +$600 (+31.6%) | $2,263 – $2,696 | 11 |
| 1BR | $2,585 | +$735 (+39.7%) | +$1,125 (+77.1%) | $2,525 – $2,585 | 5 |
| 2BR | $2,800 | +$1,050 (+60.0%) | +$273 (+10.8%) | $2,800 – $2,800 | 2 |
| 3BR | $3,000 | −$525 (-14.9%) | +$75 (+2.6%) | $3,000 – $3,000 | 1 |
| 4BR | $3,800 | −$150 (-3.8%) | +$300 (+8.6%) | $3,800 – $3,849 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
West Farms vs. New York City — August 2024
| Bedrooms | West Farms Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,500 | $0 (0.0%) |
| 1BR | $2,585 | $2,390 | +$195 (+8.2%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $3,000 | $3,603 | −$603 (-16.7%) |
| 4BR | $3,800 | $4,225 | −$425 (-10.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.