UWS 1-Bedroom Median Price Balloons Past $4,500: Study

UPPER WEST SIDE, NY — A new report revealed that the median one-bedroom rent on the Upper West Side is now more than $4,500.

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.

The Upper West Side ended up as the 12th most expensive of the 81 New York City neighborhoods examined by the study.

The average one-bedroom in the neighborhood in the second quarter of 2023, from April to June, was $4,573, according to the study.

For comparison, here are the top 12 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
11. Midtown East: $4,617
12. Upper West Side: $4,573

The Upper East Side's median one-bedroom price for the second-quarter of 2023? $3,863.

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.