Monthly Rent Report
ZIP 11109 Rent Report — May 2024
Asking rents in ZIP 11109, New York City, from 1,470 listings.
Median 1BR rent in ZIP 11109 was $3,785 in May 2024, down 9.1% (−$380) from April 2024 and down 14.0% year-over-year. The middle half of 1BR listings asked between $3,678 and $3,818. That puts ZIP 11109 $1,360 above the New York City citywide 1BR median of $2,425. The month's figures are based on 1,470 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,853 | −$722 (-20.2%) | −$707 (-19.9%) | $2,811 – $2,995 | 38 |
| Studio | $2,603 | −$972 (-27.2%) | −$957 (-26.9%) | $2,535 – $2,991 | 212 |
| Studio | $2,550 | −$1,025 (-28.7%) | −$1,010 (-28.4%) | $2,525 – $2,620 | 174 |
| 1BR | $3,785 | −$380 (-9.1%) | −$615 (-14.0%) | $3,678 – $3,818 | 31 |
| 1BR | $4,108 | −$57 (-1.4%) | −$292 (-6.6%) | $4,108 – $4,108 | 1 |
| 1BR | $3,285 | −$880 (-21.1%) | −$1,115 (-25.3%) | $3,205 – $3,375 | 640 |
| 2BR | $7,215 | +$690 (+10.6%) | −$245 (-3.3%) | $7,215 – $7,215 | 1 |
| 2BR | $5,408 | −$1,117 (-17.1%) | −$2,052 (-27.5%) | $5,143 – $5,604 | 12 |
| 2BR | $5,048 | −$1,477 (-22.6%) | −$2,412 (-32.3%) | $4,906 – $5,176 | 281 |
| 3BR | $6,825 | −$280 (-3.9%) | −$387 (-5.4%) | $5,888 – $8,300 | 4 |
| 3BR | $5,814 | −$1,291 (-18.2%) | −$1,398 (-19.4%) | $5,790 – $5,881 | 40 |
| 3BR | $5,814 | −$1,291 (-18.2%) | −$1,398 (-19.4%) | $5,699 – $5,881 | 36 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 11109 vs. New York City — May 2024
| Bedrooms | ZIP 11109 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,853 | $2,350 | +$503 (+21.4%) |
| Studio | $2,603 | $2,350 | +$253 (+10.7%) |
| Studio | $2,550 | $2,350 | +$200 (+8.5%) |
| 1BR | $3,785 | $2,425 | +$1,360 (+56.1%) |
| 1BR | $4,108 | $2,425 | +$1,683 (+69.4%) |
| 1BR | $3,285 | $2,425 | +$860 (+35.5%) |
| 2BR | $7,215 | $2,914 | +$4,302 (+147.6%) |
| 2BR | $5,408 | $2,914 | +$2,494 (+85.6%) |
| 2BR | $5,048 | $2,914 | +$2,135 (+73.3%) |
| 3BR | $6,825 | $3,600 | +$3,225 (+89.6%) |
| 3BR | $5,814 | $3,600 | +$2,214 (+61.5%) |
| 3BR | $5,814 | $3,600 | +$2,214 (+61.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.