Monthly Rent Report
ZIP 7040 Rent Report — February 2025
Asking rents in ZIP 7040, New York City, from 4 listings.
Median 1BR rent in ZIP 7040 was $3,095 in February 2025, flat versus January 2025 and up 88.1% year-over-year. The middle half of 1BR listings asked between $3,095 and $3,095. That puts ZIP 7040 $618 above the New York City citywide 1BR median of $2,478. The month's figures are based on 4 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,095 | $0 (0.0%) | +$1,450 (+88.1%) | $3,095 – $3,095 | 1 |
| 2BR | $2,310 | −$355 (-13.3%) | −$90 (-3.8%) | $2,310 – $2,343 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — February 2025
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,095 | $2,478 | +$618 (+24.9%) |
| 2BR | $2,310 | $3,000 | −$690 (-23.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in February 2025.