Monthly Rent Report
ZIP 7040 Rent Report — January 2024
Asking rents in ZIP 7040, New York City, from 6 listings.
Median 1BR rent in ZIP 7040 was $1,595 in January 2024, down 31.3% (−$725) from December 2023. The middle half of 1BR listings asked between $1,595 and $1,595. That puts ZIP 7040 $755 below the New York City citywide 1BR median of $2,350. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,595 | −$725 (-31.3%) | — | $1,595 – $1,595 | 1 |
| 2BR | $2,578 | +$33 (+1.3%) | — | $2,546 – $2,595 | 4 |
| 3BR | $2,600 | — | −$600 (-18.8%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — January 2024
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,595 | $2,350 | −$755 (-32.1%) |
| 2BR | $2,578 | $2,885 | −$307 (-10.7%) |
| 3BR | $2,600 | $3,443 | −$843 (-24.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.