Monthly Rent Report
ZIP 7002 Rent Report — May 2023
Asking rents in ZIP 7002, New York City, from 5 listings.
Median 1BR rent in ZIP 7002 was $1,600 in May 2023, down 31.8% (−$745) from April 2023 and down 40.4% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts ZIP 7002 $877 below the New York City citywide 1BR median of $2,477. The month's figures are based on 5 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,365 | — | — | $2,365 – $2,365 | 1 |
| 1BR | $1,600 | −$745 (-31.8%) | −$1,085 (-40.4%) | $1,600 – $1,600 | 1 |
| 2BR | $1,895 | −$1,672 (-46.9%) | −$970 (-33.9%) | $1,895 – $1,895 | 1 |
| 3BR | $2,250 | −$150 (-6.3%) | +$281 (+14.3%) | $2,250 – $2,250 | 1 |
| 4BR | $2,300 | — | −$300 (-11.5%) | $2,300 – $2,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7002 vs. New York City — May 2023
| Bedrooms | ZIP 7002 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,365 | $2,450 | −$85 (-3.5%) |
| 1BR | $1,600 | $2,477 | −$877 (-35.4%) |
| 2BR | $1,895 | $2,800 | −$905 (-32.3%) |
| 3BR | $2,250 | $3,225 | −$975 (-30.2%) |
| 4BR | $2,300 | $4,000 | −$1,700 (-42.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.