Monthly Rent Report
ZIP 11109 Rent Report — August 2024
Asking rents in ZIP 11109, New York City, from 416 listings.
Median 1BR rent in ZIP 11109 was $2,000 in August 2024, down 63.3% (−$3,450) from July 2024 and down 52.1% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts ZIP 11109 $390 below the New York City citywide 1BR median of $2,390. The month's figures are based on 416 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,104 | +$257 (+9.0%) | −$496 (-13.8%) | $3,104 – $3,104 | 1 |
| 1BR | $2,000 | −$3,450 (-63.3%) | −$2,178 (-52.1%) | $2,000 – $2,000 | 1 |
| 2BR | $4,625 | −$924 (-16.7%) | −$2,225 (-32.5%) | $4,568 – $4,805 | 365 |
| 3BR | $5,791 | −$1,475 (-20.3%) | −$4,037 (-41.1%) | $5,694 – $7,795 | 49 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 11109 vs. New York City — August 2024
| Bedrooms | ZIP 11109 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,104 | $2,500 | +$604 (+24.2%) |
| 1BR | $2,000 | $2,390 | −$390 (-16.3%) |
| 2BR | $4,625 | $2,900 | +$1,725 (+59.5%) |
| 3BR | $5,791 | $3,603 | +$2,188 (+60.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.