Monthly Rent Report
ZIP 7002 Rent Report — May 2024
Asking rents in ZIP 7002, New York City, from 7 listings.
Median 1BR rent in ZIP 7002 was $1,600 in May 2024, down 5.9% (−$100) from April 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,550 and $1,600. That puts ZIP 7002 $825 below the New York City citywide 1BR median of $2,425. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,450 | — | +$85 (+3.6%) | $2,450 – $2,450 | 1 |
| 1BR | $1,600 | −$100 (-5.9%) | $0 (0.0%) | $1,550 – $1,600 | 3 |
| 2BR | $1,950 | −$1,586 (-44.9%) | +$55 (+2.9%) | $1,950 – $1,950 | 1 |
| 3BR | $1,998 | −$1,297 (-39.4%) | −$252 (-11.2%) | $1,871 – $2,124 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7002 vs. New York City — May 2024
| Bedrooms | ZIP 7002 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,450 | $2,350 | +$100 (+4.3%) |
| 1BR | $1,600 | $2,425 | −$825 (-34.0%) |
| 2BR | $1,950 | $2,914 | −$963 (-33.1%) |
| 3BR | $1,998 | $3,600 | −$1,602 (-44.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.