Monthly Rent Report
ZIP 7040 Rent Report — June 2024
Asking rents in ZIP 7040, New York City, from 4 listings.
Median 1BR rent in ZIP 7040 was $1,610 in June 2024, down 1.5% (−$25) from May 2024 and down 24.0% year-over-year. The middle half of 1BR listings asked between $1,593 and $1,628. That puts ZIP 7040 $840 below the New York City citywide 1BR median of $2,450. The month's figures are based on 4 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,610 | −$25 (-1.5%) | −$507 (-24.0%) | $1,593 – $1,628 | 2 |
| 2BR | $2,790 | +$250 (+9.8%) | +$1,195 (+74.9%) | $2,738 – $2,843 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — June 2024
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,610 | $2,450 | −$840 (-34.3%) |
| 2BR | $2,790 | $2,900 | −$110 (-3.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.