Monthly Rent Report
ZIP 11706 Rent Report — May 2024
Asking rents in ZIP 11706, New York City, from 25 listings.
Median 1BR rent in ZIP 11706 was $2,310 in May 2024, up 0.4% (+$10) from April 2024 and up 3.0% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,380. That puts ZIP 11706 $115 below the New York City citywide 1BR median of $2,425. The month's figures are based on 25 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,070 | +$15 (+0.7%) | +$243 (+13.3%) | $2,008 – $2,250 | 4 |
| 1BR | $2,310 | +$10 (+0.4%) | +$68 (+3.0%) | $2,250 – $2,380 | 15 |
| 2BR | $2,820 | −$180 (-6.0%) | +$620 (+28.2%) | $2,785 – $3,450 | 5 |
| 4BR | $4,000 | +$1 (+0.0%) | — | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 11706 vs. New York City — May 2024
| Bedrooms | ZIP 11706 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,070 | $2,350 | −$280 (-11.9%) |
| 1BR | $2,310 | $2,425 | −$115 (-4.7%) |
| 2BR | $2,820 | $2,914 | −$93 (-3.2%) |
| 4BR | $4,000 | $4,250 | −$250 (-5.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.