Monthly Rent Report
ZIP 7040 Rent Report — January 2025
Asking rents in ZIP 7040, New York City, from 5 listings.
Median 1BR rent in ZIP 7040 was $3,095 in January 2025, flat versus December 2024 and up 94.0% year-over-year. The middle half of 1BR listings asked between $3,095 and $3,095. That puts ZIP 7040 $595 above the New York City citywide 1BR median of $2,500. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,095 | $0 (0.0%) | +$1,500 (+94.0%) | $3,095 – $3,095 | 1 |
| 2BR | $2,665 | +$355 (+15.4%) | +$88 (+3.4%) | $2,533 – $2,798 | 2 |
| 3BR | $2,850 | — | +$250 (+9.6%) | $2,850 – $2,850 | 1 |
| 4BR | $2,799 | −$1 (-0.0%) | — | $2,799 – $2,799 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — January 2025
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,095 | $2,500 | +$595 (+23.8%) |
| 2BR | $2,665 | $2,900 | −$235 (-8.1%) |
| 3BR | $2,850 | $3,500 | −$650 (-18.6%) |
| 4BR | $2,799 | $4,100 | −$1,301 (-31.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in January 2025.