Monthly Rent Report
ZIP 11706 Rent Report — May 2023
Asking rents in ZIP 11706, New York City, from 9 listings.
Median 1BR rent in ZIP 11706 was $2,243 in May 2023 and up 15.0% year-over-year. The middle half of 1BR listings asked between $2,216 and $2,318. That puts ZIP 11706 $235 below the New York City citywide 1BR median of $2,477. The month's figures are based on 9 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,828 | — | −$422 (-18.8%) | $1,809 – $1,846 | 2 |
| 1BR | $2,243 | — | +$293 (+15.0%) | $2,216 – $2,318 | 6 |
| 2BR | $2,200 | −$495 (-18.4%) | −$95 (-4.1%) | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 11706 vs. New York City — May 2023
| Bedrooms | ZIP 11706 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,828 | $2,450 | −$622 (-25.4%) |
| 1BR | $2,243 | $2,477 | −$235 (-9.5%) |
| 2BR | $2,200 | $2,800 | −$600 (-21.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.