Monthly Rent Report
ZIP 11109 Rent Report — May 2023
Asking rents in ZIP 11109, New York City, from 166 listings.
Median 1BR rent in ZIP 11109 was $4,312 in May 2023, down 2.0% (−$88) from April 2023 and up 5.2% year-over-year. The middle half of 1BR listings asked between $4,176 and $4,549. That puts ZIP 11109 $1,835 above the New York City citywide 1BR median of $2,477. The month's figures are based on 166 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,505 | +$390 (+12.5%) | +$205 (+6.2%) | $3,423 – $3,560 | 23 |
| Studio | $3,640 | +$525 (+16.9%) | +$340 (+10.3%) | $3,564 – $3,646 | 4 |
| Studio | $3,560 | +$445 (+14.3%) | +$260 (+7.9%) | $3,555 – $3,565 | 2 |
| 1BR | $4,312 | −$88 (-2.0%) | +$212 (+5.2%) | $4,176 – $4,549 | 70 |
| 1BR | $4,460 | +$60 (+1.4%) | +$360 (+8.8%) | $4,065 – $5,136 | 6 |
| 1BR | $4,400 | $0 (0.0%) | +$300 (+7.3%) | $4,311 – $4,675 | 8 |
| 2BR | $6,110 | +$450 (+8.0%) | +$210 (+3.6%) | $5,941 – $6,465 | 41 |
| 2BR | $6,650 | +$990 (+17.5%) | +$750 (+12.7%) | $6,650 – $6,650 | 1 |
| 2BR | $7,460 | +$1,800 (+31.8%) | +$1,560 (+26.4%) | $7,460 – $7,460 | 2 |
| 3BR | $7,371 | −$4,534 (-38.1%) | +$170 (+2.4%) | $7,224 – $10,361 | 6 |
| 3BR | $7,212 | −$4,693 (-39.4%) | +$11 (+0.1%) | $7,172 – $9,266 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 11109 vs. New York City — May 2023
| Bedrooms | ZIP 11109 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,505 | $2,450 | +$1,055 (+43.1%) |
| Studio | $3,640 | $2,450 | +$1,190 (+48.6%) |
| Studio | $3,560 | $2,450 | +$1,110 (+45.3%) |
| 1BR | $4,312 | $2,477 | +$1,835 (+74.1%) |
| 1BR | $4,460 | $2,477 | +$1,983 (+80.0%) |
| 1BR | $4,400 | $2,477 | +$1,923 (+77.6%) |
| 2BR | $6,110 | $2,800 | +$3,310 (+118.2%) |
| 2BR | $6,650 | $2,800 | +$3,850 (+137.5%) |
| 2BR | $7,460 | $2,800 | +$4,660 (+166.4%) |
| 3BR | $7,371 | $3,225 | +$4,146 (+128.6%) |
| 3BR | $7,212 | $3,225 | +$3,987 (+123.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.