Rental market snapshot for Harlem, New York

Harlem rental market summary

The rental market in Harlem, New York is showing signs of growth. In July 2023, there were 146 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $3,800, a 1.3% increase from the previous month. When compared to the same month in 2022, the median rent has increased by 15.2%. This suggests that the rental market in Harlem is becoming more competitive, with more people looking to rent in the area.

Overall, the rental market in Harlem is on the rise. With more listings and an increase in median rent, it is becoming a more attractive option for those looking for a place to live. The increase in rent is likely due to the demand for rental properties in the area, as more people are looking to move to Harlem. With the current trend, it is likely that the rental market in Harlem will continue to grow in the coming months.

Median rent for all residential properties in Harlem

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The most expensive listings and top trending buildings in Harlem

Most Expensive Listings

AddressRent PriceBed / Bath
285 W 110th St$19,9955 / 4.5
145 Central Park$17,0004 / 3.0
327 W 112th St$9,9003 / 2.5
236 W 112th St$7,9753 / 3.5
107 W 117th St$7,5593 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,482

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Bedroom Breakdown in Harlem

Studio
$2,050
MEDIAN RENT
1 Bedroom
$2,368
MEDIAN RENT
2 Bedroom
$3,050
MEDIAN RENT

Harlem neighborhood apartments rents

The rental market for studios in Harlem, New York is showing signs of stability. In May 2023, there were 10 new studio listings, with the median rent for studios at $2,050. This is a slight decrease of 2.4% from the median rent in April 2023, which was $2,100. This suggests that the rental market for studios in Harlem is relatively stable, with only a small decrease in rent from month to month.

The rental market for 1-bedroom apartments in Harlem, New York is showing signs of growth. In May 2023, there were 25 new 1-bedroom listings, which is a significant increase from the previous month. The median rent for 1-bedroom apartments in May 2023 was $2,368, which is 8.0% lower than the median rent in April 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Harlem is looking positive.

The rental market for 2-bedroom apartments in Harlem, New York is showing signs of growth. In May 2023, there were 26 new 2-bedroom listings, which is a 7.5% increase from April 2023. The median rent for 2-bedroom apartments in May 2023 was $3,050, which is a decrease of 7.5% from April 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Harlem is $3,800.
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