Monthly Rent Report
ZIP 11040 Rent Report — January 2023
Asking rents in ZIP 11040, New York City, from 6 listings.
Median 1BR rent in ZIP 11040 was $850 in January 2023, down 66.0% (−$1,650) from December 2022. The middle half of 1BR listings asked between $850 and $850. That puts ZIP 11040 $1,439 below the New York City citywide 1BR median of $2,289. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $850 | −$1,650 (-66.0%) | — | $850 – $850 | 1 |
| 3BR | $1,199 | — | — | $1,199 – $1,199 | 1 |
| 4BR | $3,550 | — | — | $3,550 – $3,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
ZIP 11040 vs. New York City — January 2023
| Bedrooms | ZIP 11040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $850 | $2,289 | −$1,439 (-62.9%) |
| 3BR | $1,199 | $3,200 | −$2,001 (-62.5%) |
| 4BR | $3,550 | $3,861 | −$311 (-8.1%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.