Monthly Rent Report
ZIP 7040 Rent Report — August 2023
Asking rents in ZIP 7040, New York City, from 5 listings.
Median 1BR rent in ZIP 7040 was $2,100 in August 2023, up 35.0% (+$545) from July 2023. The middle half of 1BR listings asked between $2,100 and $2,100. That puts ZIP 7040 $250 below the New York City citywide 1BR median of $2,350. The month's figures are based on 5 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | +$545 (+35.0%) | — | $2,100 – $2,100 | 1 |
| 2BR | $2,470 | — | +$170 (+7.4%) | $2,339 – $2,601 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — August 2023
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $2,350 | −$250 (-10.6%) |
| 2BR | $2,470 | $2,859 | −$389 (-13.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.