Monthly Rent Report
West Village Rent Report — August 2023
Asking rents in ZIP 10014, New York City, from 455 listings.
Median 1BR rent in West Village was $4,498 in August 2023, down 12.3% (−$632) from July 2023 and down 23.7% year-over-year. The middle half of 1BR listings asked between $3,770 and $5,025. That puts West Village $2,148 above the New York City citywide 1BR median of $2,350. The month's figures are based on 455 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,200 | −$75 (-1.8%) | −$595 (-12.4%) | $3,400 – $4,850 | 103 |
| Studio | $2,950 | −$1,325 (-31.0%) | −$1,845 (-38.5%) | $2,649 – $3,325 | 7 |
| Studio | $7,725 | +$3,450 (+80.7%) | +$2,930 (+61.1%) | $7,725 – $7,725 | 1 |
| 1BR | $4,498 | −$632 (-12.3%) | −$1,397 (-23.7%) | $3,770 – $5,025 | 14 |
| 1BR | $4,795 | −$335 (-6.5%) | −$1,100 (-18.7%) | $4,250 – $5,995 | 142 |
| 1BR | $3,495 | −$1,635 (-31.9%) | −$2,400 (-40.7%) | $3,495 – $3,495 | 1 |
| 2BR | $5,495 | −$3,000 (-35.3%) | −$1,200 (-17.9%) | $5,150 – $6,400 | 11 |
| 2BR | $7,400 | −$1,095 (-12.9%) | +$705 (+10.5%) | $5,695 – $11,000 | 101 |
| 2BR | $6,800 | −$1,695 (-20.0%) | +$105 (+1.6%) | $6,800 – $6,800 | 1 |
| 3BR | $8,863 | +$863 (+10.8%) | −$1,132 (-11.3%) | $7,525 – $11,143 | 50 |
| 3BR | $7,495 | −$505 (-6.3%) | −$2,500 (-25.0%) | $7,495 – $7,495 | 1 |
| 3BR | $17,500 | +$9,500 (+118.8%) | +$7,505 (+75.1%) | $17,500 – $17,500 | 1 |
| 4BR | $11,495 | −$2 (-0.0%) | +$995 (+9.5%) | $10,300 – $14,995 | 13 |
| 4BR | $13,000 | +$1,503 (+13.1%) | +$2,500 (+23.8%) | $12,000 – $14,000 | 2 |
| 4BR | $10,738 | −$760 (-6.6%) | +$238 (+2.3%) | $10,124 – $11,031 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
West Village vs. New York City — August 2023
| Bedrooms | West Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,200 | $2,490 | +$1,710 (+68.7%) |
| Studio | $2,950 | $2,490 | +$460 (+18.5%) |
| Studio | $7,725 | $2,490 | +$5,235 (+210.2%) |
| 1BR | $4,498 | $2,350 | +$2,148 (+91.4%) |
| 1BR | $4,795 | $2,350 | +$2,445 (+104.0%) |
| 1BR | $3,495 | $2,350 | +$1,145 (+48.7%) |
| 2BR | $5,495 | $2,859 | +$2,636 (+92.2%) |
| 2BR | $7,400 | $2,859 | +$4,541 (+158.8%) |
| 2BR | $6,800 | $2,859 | +$3,941 (+137.8%) |
| 3BR | $8,863 | $3,413 | +$5,450 (+159.7%) |
| 3BR | $7,495 | $3,413 | +$4,083 (+119.6%) |
| 3BR | $17,500 | $3,413 | +$14,088 (+412.8%) |
| 4BR | $11,495 | $4,200 | +$7,295 (+173.7%) |
| 4BR | $13,000 | $4,200 | +$8,800 (+209.5%) |
| 4BR | $10,738 | $4,200 | +$6,538 (+155.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.