Monthly Rent Report
ZIP 7040 Rent Report — September 2025
Asking rents in ZIP 7040, New York City, from 3 listings.
Median 1BR rent in ZIP 7040 was $1,690 in September 2025, down 3.2% (−$55) from August 2025 and down 39.5% year-over-year. The middle half of 1BR listings asked between $1,673 and $1,708. That puts ZIP 7040 $1,092 below the New York City citywide 1BR median of $2,782. The month's figures are based on 3 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2025 | Vs. September 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,690 | −$55 (-3.2%) | −$1,105 (-39.5%) | $1,673 – $1,708 | 2 |
| 2BR | $1,172 | −$1,573 (-57.3%) | −$2,823 (-70.7%) | $1,172 – $1,172 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2025. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — September 2025
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,690 | $2,782 | −$1,092 (-39.3%) |
| 2BR | $1,172 | $3,300 | −$2,128 (-64.5%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2025.