Monthly Rent Report
ZIP 7040 Rent Report — December 2024
Asking rents in ZIP 7040, New York City, from 3 listings.
Median 1BR rent in ZIP 7040 was $3,095 in December 2024, up 33.1% (+$770) from November 2024 and up 33.4% year-over-year. The middle half of 1BR listings asked between $3,095 and $3,095. That puts ZIP 7040 $616 above the New York City citywide 1BR median of $2,480. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,095 | +$770 (+33.1%) | +$775 (+33.4%) | $3,095 – $3,095 | 1 |
| 2BR | $2,310 | −$525 (-18.5%) | −$235 (-9.2%) | $2,310 – $2,310 | 1 |
| 4BR | $2,800 | — | — | $2,800 – $2,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — December 2024
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,095 | $2,480 | +$616 (+24.8%) |
| 2BR | $2,310 | $2,975 | −$665 (-22.4%) |
| 4BR | $2,800 | $4,150 | −$1,350 (-32.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in December 2024.