Monthly Rent Report
ZIP 11706 Rent Report — August 2024
Asking rents in ZIP 11706, New York City, from 14 listings.
Median 1BR rent in ZIP 11706 was $2,395 in August 2024, up 3.5% (+$80) from July 2024 and up 8.9% year-over-year. The middle half of 1BR listings asked between $2,351 and $2,875. That puts ZIP 11706 in line with the New York City citywide 1BR median of $2,390. The month's figures are based on 14 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,775 | +$808 (+41.0%) | +$905 (+48.4%) | $2,775 – $2,775 | 1 |
| 1BR | $2,395 | +$80 (+3.5%) | +$195 (+8.9%) | $2,351 – $2,875 | 7 |
| 2BR | $2,830 | +$55 (+2.0%) | +$215 (+8.2%) | $2,735 – $2,940 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 11706 vs. New York City — August 2024
| Bedrooms | ZIP 11706 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,775 | $2,500 | +$275 (+11.0%) |
| 1BR | $2,395 | $2,390 | +$5 (+0.2%) |
| 2BR | $2,830 | $2,900 | −$70 (-2.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.