Monthly Rent Report
ZIP 7040 Rent Report — November 2025
Asking rents in ZIP 7040, New York City, from 2 listings.
Median 1BR rent in ZIP 7040 was $1,725 in November 2025, down 8.5% (−$160) from October 2025 and down 25.8% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,725. That puts ZIP 7040 $875 below the New York City citywide 1BR median of $2,600. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2025 | Vs. November 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,725 | −$160 (-8.5%) | −$600 (-25.8%) | $1,725 – $1,725 | 1 |
| 2BR | $3,800 | +$300 (+8.6%) | +$965 (+34.0%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2025. Changes compare against the nearest prior month with data.
ZIP 7040 vs. New York City — November 2025
| Bedrooms | ZIP 7040 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,725 | $2,600 | −$875 (-33.7%) |
| 2BR | $3,800 | $3,004 | +$797 (+26.5%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in November 2025.