Real Estate

Here's How Harlem's Rental Prices Compare To The Rest Of NYC This Year

A new report broke down the median one-bedroom rents in West Harlem, Central Harlem, and East Harlem.

A new report broke down the median one-bedroom rents in West Harlem, Central Harlem, and East Harlem.
A new report broke down the median one-bedroom rents in West Harlem, Central Harlem, and East Harlem. (Shutterstock)

HARLEM, NY — A new report revealed the median rental prices in Harlem this year, and how those numbers compare to the rest of New York City.

The real estate publication Zumper published its "National Rent Report" on Wednesday, which broke down the median rent of over 80 neighborhoods in the five boroughs between April 1 and June of this year.

Overall, New York City had the priciest median one-bedroom home in the country in July at $3,980. The number was even higher in Manhattan, where it ballooned up to $4,200.

Find out what's happening in Harlemwith free, real-time updates from Patch.

Here's the breakdown for the median rent for a one-bedroom in Harlem during the second quarter of 2023.

  • West Harlem: $2,823
  • East Harlem: $2,740
  • Central Harlem: $2,420

There was a $403 difference between a one-bedroom in West Harlem than its equivalent in Central Harlem.

Find out what's happening in Harlemwith free, real-time updates from Patch.

The average median one-bedroom rent of all three Harlem neighborhoods was $2,661.

Overall, the Harlem prices are in the middle-bottom half of the New York City neighborhoods included in the study.

For comparison, here are the top 10 priciest one-bedroom areas for the second quarter of 2023.

  1. NoMad: $6,033 a month
  2. Flatiron District: $5,933 a month
  3. Chelsea: $5,377 a month
  4. Stuyvesant Town: $5,190 a month
  5. Greenwich Village: $5,080 a month
  6. DUMBO: $4,837 a month
  7. Gramercy Park: $4,787 a month
  8. Garment District: $4,707 a month
  9. SoHo: $4,703 a month
  10. NoHo: $4,633 a month

The most-affordable median one-bedroom in New York City during the period was in Bensonhurst at $1,600, according to the study.

New York City's median one-bedroom rent of $3,980 is more than twice the national median, but half of city's neighborhoods have one-bedroom medians of under $2,800 — which is the current median for a one-bedroom in Boston and Miami.

You can read the complete Zumper study — HERE.


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