Monthly Rent Report
ZIP 11706 Rent Report — May 2025
Asking rents in ZIP 11706, New York City, from 3 listings.
Median 1BR rent in ZIP 11706 was $3,050 in May 2025, up 29.8% (+$700) from April 2025 and up 32.0% year-over-year. The middle half of 1BR listings asked between $3,050 and $3,050. That puts ZIP 11706 $209 above the New York City citywide 1BR median of $2,841. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,575 | −$625 (-19.5%) | +$505 (+24.4%) | $2,575 – $2,575 | 1 |
| 1BR | $3,050 | +$700 (+29.8%) | +$740 (+32.0%) | $3,050 – $3,050 | 1 |
| 2BR | $2,850 | −$650 (-18.6%) | +$30 (+1.1%) | $2,850 – $2,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 11706 vs. New York City — May 2025
| Bedrooms | ZIP 11706 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,575 | $2,799 | −$224 (-8.0%) |
| 1BR | $3,050 | $2,841 | +$209 (+7.4%) |
| 2BR | $2,850 | $3,263 | −$412 (-12.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.