Monthly Rent Report
ZIP 7024 Rent Report — May 2023
Asking rents in ZIP 7024, New York City, from 71 listings.
Median 1BR rent in ZIP 7024 was $4,201 in May 2023, up 55.9% (+$1,506) from April 2023 and up 6.1% year-over-year. The middle half of 1BR listings asked between $3,892 and $4,585. That puts ZIP 7024 $1,724 above the New York City citywide 1BR median of $2,477. The month's figures are based on 71 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,107 | +$218 (+7.5%) | +$385 (+14.1%) | $3,000 – $3,180 | 4 |
| 1BR | $4,201 | +$1,506 (+55.9%) | +$241 (+6.1%) | $3,892 – $4,585 | 55 |
| 2BR | $3,295 | +$500 (+17.9%) | −$1,828 (-35.7%) | $3,295 – $3,295 | 1 |
| 3BR | $8,604 | −$41 (-0.5%) | — | $8,601 – $8,764 | 11 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7024 vs. New York City — May 2023
| Bedrooms | ZIP 7024 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,107 | $2,450 | +$657 (+26.8%) |
| 1BR | $4,201 | $2,477 | +$1,724 (+69.6%) |
| 2BR | $3,295 | $2,800 | +$495 (+17.7%) |
| 3BR | $8,604 | $3,225 | +$5,379 (+166.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.