Monthly Rent Report
West Village Rent Report — May 2023
Asking rents in ZIP 10014, New York City, from 347 listings.
Median 1BR rent in West Village was $4,675 in May 2023, down 49.2% (−$4,520) from April 2023 and down 43.1% year-over-year. The middle half of 1BR listings asked between $4,325 and $6,295. That puts West Village $2,198 above the New York City citywide 1BR median of $2,477. The month's figures are based on 347 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,700 | −$800 (-17.8%) | −$1,275 (-25.6%) | $3,500 – $4,150 | 21 |
| Studio | $3,500 | −$1,000 (-22.2%) | −$1,475 (-29.6%) | $3,500 – $3,500 | 1 |
| Studio | $4,000 | −$500 (-11.1%) | −$975 (-19.6%) | $3,500 – $4,751 | 53 |
| 1BR | $4,675 | −$4,520 (-49.2%) | −$3,545 (-43.1%) | $4,325 – $6,295 | 97 |
| 1BR | $8,225 | −$970 (-10.5%) | +$5 (+0.1%) | $5,860 – $8,225 | 3 |
| 1BR | $4,600 | −$4,595 (-50.0%) | −$3,620 (-44.0%) | $4,325 – $5,500 | 33 |
| 2BR | $7,895 | +$1,048 (+15.3%) | +$3,395 (+75.4%) | $7,895 – $7,895 | 1 |
| 2BR | $6,995 | +$148 (+2.2%) | +$2,495 (+55.4%) | $5,773 – $11,725 | 75 |
| 2BR | $6,350 | −$497 (-7.3%) | +$1,850 (+41.1%) | $5,695 – $7,895 | 17 |
| 3BR | $8,650 | −$100 (-1.1%) | +$3,955 (+84.2%) | $6,903 – $11,938 | 8 |
| 3BR | $7,195 | −$1,555 (-17.8%) | +$2,500 (+53.2%) | $7,195 – $7,195 | 1 |
| 3BR | $8,145 | −$605 (-6.9%) | +$3,450 (+73.5%) | $6,820 – $10,875 | 14 |
| 4BR | $12,500 | −$495 (-3.8%) | +$8,505 (+212.9%) | $10,500 – $14,500 | 9 |
| 4BR | $13,500 | +$505 (+3.9%) | +$9,505 (+237.9%) | $11,700 – $14,000 | 3 |
| 4BR | $12,000 | −$995 (-7.7%) | +$8,005 (+200.4%) | $9,995 – $12,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
West Village vs. New York City — May 2023
| Bedrooms | West Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,700 | $2,450 | +$1,250 (+51.0%) |
| Studio | $3,500 | $2,450 | +$1,050 (+42.9%) |
| Studio | $4,000 | $2,450 | +$1,550 (+63.3%) |
| 1BR | $4,675 | $2,477 | +$2,198 (+88.7%) |
| 1BR | $8,225 | $2,477 | +$5,748 (+232.0%) |
| 1BR | $4,600 | $2,477 | +$2,123 (+85.7%) |
| 2BR | $7,895 | $2,800 | +$5,095 (+182.0%) |
| 2BR | $6,995 | $2,800 | +$4,195 (+149.8%) |
| 2BR | $6,350 | $2,800 | +$3,550 (+126.8%) |
| 3BR | $8,650 | $3,225 | +$5,425 (+168.2%) |
| 3BR | $7,195 | $3,225 | +$3,970 (+123.1%) |
| 3BR | $8,145 | $3,225 | +$4,920 (+152.6%) |
| 4BR | $12,500 | $4,000 | +$8,500 (+212.5%) |
| 4BR | $13,500 | $4,000 | +$9,500 (+237.5%) |
| 4BR | $12,000 | $4,000 | +$8,000 (+200.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.