Monthly Rent Report
ZIP 7042 Rent Report — May 2024
Asking rents in ZIP 7042, New York City, from 3 listings.
Median 1BR rent in ZIP 7042 was $2,200 in May 2024, up 0.2% (+$5) from April 2024 and up 7.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts ZIP 7042 $225 below the New York City citywide 1BR median of $2,425. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,200 | +$5 (+0.2%) | +$150 (+7.3%) | $2,200 – $2,200 | 1 |
| 2BR | $2,650 | −$1,020 (-27.8%) | +$105 (+4.1%) | $2,650 – $2,650 | 1 |
| 3BR | $3,750 | — | +$455 (+13.8%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7042 vs. New York City — May 2024
| Bedrooms | ZIP 7042 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 2BR | $2,650 | $2,914 | −$263 (-9.0%) |
| 3BR | $3,750 | $3,600 | +$150 (+4.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.