Monthly Rent Report
ZIP 10701 Rent Report — May 2023
Asking rents in ZIP 10701, New York City, from 8 listings.
Median 1BR rent in ZIP 10701 was $1,600 in May 2023, up 3.2% (+$50) from April 2023 and down 3.0% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts ZIP 10701 $877 below the New York City citywide 1BR median of $2,477. The month's figures are based on 8 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,948 | +$948 (+94.8%) | — | $1,890 – $2,026 | 4 |
| 1BR | $1,600 | +$50 (+3.2%) | −$50 (-3.0%) | $1,600 – $1,600 | 1 |
| 2BR | $3,350 | +$1,150 (+52.3%) | +$1,425 (+74.0%) | $3,350 – $3,350 | 1 |
| 3BR | $4,869 | +$2,269 (+87.3%) | +$2,269 (+87.3%) | $4,863 – $4,874 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 10701 vs. New York City — May 2023
| Bedrooms | ZIP 10701 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,948 | $2,450 | −$502 (-20.5%) |
| 1BR | $1,600 | $2,477 | −$877 (-35.4%) |
| 2BR | $3,350 | $2,800 | +$550 (+19.6%) |
| 3BR | $4,869 | $3,225 | +$1,644 (+51.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.