Monthly Rent Report
ZIP 7002 Rent Report — May 2025
Asking rents in ZIP 7002, New York City, from 4 listings.
Median 1BR rent in ZIP 7002 was $1,950 in May 2025, up 18.2% (+$300) from April 2025 and up 21.9% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts ZIP 7002 $891 below the New York City citywide 1BR median of $2,841. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,285 | — | −$165 (-6.7%) | $2,285 – $2,285 | 1 |
| 1BR | $1,950 | +$300 (+18.2%) | +$350 (+21.9%) | $1,950 – $1,950 | 1 |
| 2BR | $2,499 | +$299 (+13.6%) | +$549 (+28.2%) | $2,499 – $2,499 | 1 |
| 3BR | $2,600 | +$400 (+18.2%) | +$603 (+30.2%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 7002 vs. New York City — May 2025
| Bedrooms | ZIP 7002 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,285 | $2,799 | −$514 (-18.4%) |
| 1BR | $1,950 | $2,841 | −$891 (-31.4%) |
| 2BR | $2,499 | $3,263 | −$763 (-23.4%) |
| 3BR | $2,600 | $3,777 | −$1,177 (-31.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.