Monthly Rent Report
ZIP 7042 Rent Report — May 2023
Asking rents in ZIP 7042, New York City, from 6 listings.
Median 1BR rent in ZIP 7042 was $2,050 in May 2023, up 5.4% (+$105) from April 2023 and up 8.2% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,075. That puts ZIP 7042 $427 below the New York City citywide 1BR median of $2,477. The month's figures are based on 6 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,975 | $0 (0.0%) | −$671 (-25.4%) | $1,975 – $1,975 | 1 |
| 1BR | $2,050 | +$105 (+5.4%) | +$155 (+8.2%) | $2,025 – $2,075 | 2 |
| 2BR | $2,545 | −$50 (-1.9%) | −$2,219 (-46.6%) | $2,470 – $2,620 | 2 |
| 3BR | $3,295 | −$500 (-13.2%) | — | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7042 vs. New York City — May 2023
| Bedrooms | ZIP 7042 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,975 | $2,450 | −$475 (-19.4%) |
| 1BR | $2,050 | $2,477 | −$427 (-17.2%) |
| 2BR | $2,545 | $2,800 | −$255 (-9.1%) |
| 3BR | $3,295 | $3,225 | +$70 (+2.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.