Monthly Rent Report
ZIP 7042 Rent Report — May 2022
Asking rents in ZIP 7042, New York City, from 29 listings.
Median 1BR rent in ZIP 7042 was $1,895 in May 2022, down 33.9% (−$972) from April 2022 and up 3.8% year-over-year. The middle half of 1BR listings asked between $1,845 and $1,945. That puts ZIP 7042 $168 below the New York City citywide 1BR median of $2,063. The month's figures are based on 29 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,646 | −$268 (-9.2%) | — | $2,318 – $2,892 | 8 |
| 1BR | $1,895 | −$972 (-33.9%) | +$70 (+3.8%) | $1,845 – $1,945 | 2 |
| 2BR | $4,764 | +$462 (+10.7%) | +$2,914 (+157.5%) | $4,400 – $4,907 | 19 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 7042 vs. New York City — May 2022
| Bedrooms | ZIP 7042 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,646 | $1,875 | +$771 (+41.1%) |
| 1BR | $1,895 | $2,063 | −$167 (-8.1%) |
| 2BR | $4,764 | $2,499 | +$2,265 (+90.6%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.