Monthly Rent Report
West Village Rent Report — May 2024
Asking rents in ZIP 10014, New York City, from 704 listings.
Median 1BR rent in West Village was $4,895 in May 2024, down 10.2% (−$555) from April 2024 and up 6.4% year-over-year. The middle half of 1BR listings asked between $4,895 and $4,895. That puts West Village $2,470 above the New York City citywide 1BR median of $2,425. The month's figures are based on 704 listings across 17 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $7,995 | +$3,443 (+75.6%) | +$3,995 (+99.9%) | $7,995 – $7,995 | 1 |
| Studio | $3,725 | −$827 (-18.2%) | −$275 (-6.9%) | $3,171 – $4,515 | 120 |
| Studio | $4,450 | −$102 (-2.3%) | +$450 (+11.3%) | $3,598 – $4,853 | 47 |
| 1BR | $4,895 | −$555 (-10.2%) | +$295 (+6.4%) | $4,895 – $4,895 | 1 |
| 1BR | $5,000 | −$450 (-8.3%) | +$400 (+8.7%) | $4,499 – $5,995 | 65 |
| 1BR | $4,900 | −$550 (-10.1%) | +$300 (+6.5%) | $4,173 – $6,138 | 215 |
| 2BR | $7,000 | −$200 (-2.8%) | +$650 (+10.2%) | $5,670 – $8,821 | 108 |
| 2BR | $6,250 | −$950 (-13.2%) | −$100 (-1.6%) | $6,250 – $6,250 | 1 |
| 2BR | $7,500 | +$300 (+4.2%) | +$1,150 (+18.1%) | $5,995 – $9,325 | 55 |
| 3BR | $8,750 | +$1,388 (+18.8%) | +$100 (+1.2%) | $8,500 – $9,000 | 9 |
| 3BR | $9,500 | +$2,138 (+29.0%) | +$850 (+9.8%) | $7,200 – $12,995 | 41 |
| 3BR | $8,750 | +$1,388 (+18.8%) | +$100 (+1.2%) | $6,863 – $14,496 | 22 |
| 4BR | $10,998 | −$1,002 (-8.4%) | −$1,002 (-8.4%) | $8,874 – $14,100 | 6 |
| 4BR | $12,750 | +$750 (+6.3%) | +$750 (+6.3%) | $12,625 – $12,875 | 2 |
| 4BR | $12,500 | +$500 (+4.2%) | +$500 (+4.2%) | $11,695 – $13,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
West Village vs. New York City — May 2024
| Bedrooms | West Village Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $7,995 | $2,350 | +$5,645 (+240.2%) |
| Studio | $3,725 | $2,350 | +$1,375 (+58.5%) |
| Studio | $4,450 | $2,350 | +$2,100 (+89.4%) |
| 1BR | $4,895 | $2,425 | +$2,470 (+101.9%) |
| 1BR | $5,000 | $2,425 | +$2,575 (+106.2%) |
| 1BR | $4,900 | $2,425 | +$2,475 (+102.1%) |
| 2BR | $7,000 | $2,914 | +$4,087 (+140.3%) |
| 2BR | $6,250 | $2,914 | +$3,337 (+114.5%) |
| 2BR | $7,500 | $2,914 | +$4,587 (+157.4%) |
| 3BR | $8,750 | $3,600 | +$5,150 (+143.1%) |
| 3BR | $9,500 | $3,600 | +$5,900 (+163.9%) |
| 3BR | $8,750 | $3,600 | +$5,150 (+143.1%) |
| 4BR | $10,998 | $4,250 | +$6,748 (+158.8%) |
| 4BR | $12,750 | $4,250 | +$8,500 (+200.0%) |
| 4BR | $12,500 | $4,250 | +$8,250 (+194.1%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.