Monthly Rent Report
ZIP 11706 Rent Report — March 2024
Asking rents in ZIP 11706, New York City, from 33 listings.
Median 1BR rent in ZIP 11706 was $2,320 in March 2024, up 2.7% (+$60) from February 2024 and up 28.9% year-over-year. The middle half of 1BR listings asked between $2,315 and $2,360. That puts ZIP 11706 $179 below the New York City citywide 1BR median of $2,499. The month's figures are based on 33 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,475 | +$675 (+37.5%) | — | $2,340 – $2,550 | 4 |
| 1BR | $2,320 | +$60 (+2.7%) | +$520 (+28.9%) | $2,315 – $2,360 | 25 |
| 2BR | $2,665 | +$15 (+0.6%) | +$70 (+2.7%) | $2,619 – $3,058 | 3 |
| 4BR | $3,999 | — | — | $3,999 – $3,999 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 11706 vs. New York City — March 2024
| Bedrooms | ZIP 11706 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,475 | $2,450 | +$25 (+1.0%) |
| 1BR | $2,320 | $2,499 | −$179 (-7.2%) |
| 2BR | $2,665 | $2,995 | −$329 (-11.0%) |
| 4BR | $3,999 | $4,250 | −$250 (-5.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.