Monthly Rent Report
ZIP 7040 Rent Report — July 2024
Asking rents in ZIP 7040, New York City, from 4 listings.
Median 1BR rent in ZIP 7040 was $1,610 in July 2024, flat versus June 2024 and up 3.5% year-over-year. The middle half of 1BR listings asked between $1,593 and $1,628. That puts ZIP 7040 $890 below the New York City citywide 1BR median of $2,500. The month's figures are based on 4 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,610 | $0 (0.0%) | +$55 (+3.5%) | $1,593 – $1,628 | 2 |
| 2BR | $2,565 | −$225 (-8.1%) | — | $2,565 – $2,565 | 1 |
| 4BR | $5,300 | — | — | $5,300 – $5,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — July 2024
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,610 | $2,500 | −$890 (-35.6%) |
| 2BR | $2,565 | $3,000 | −$435 (-14.5%) |
| 4BR | $5,300 | $4,500 | +$800 (+17.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.