Monthly Rent Report
ZIP 7042 Rent Report — August 2024
Asking rents in ZIP 7042, New York City, from 4 listings.
Median 1BR rent in ZIP 7042 was $1,800 in August 2024, down 14.3% (−$300) from July 2024 and down 24.2% year-over-year. The middle half of 1BR listings asked between $1,650 and $2,100. That puts ZIP 7042 $590 below the New York City citywide 1BR median of $2,390. The month's figures are based on 4 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,800 | −$300 (-14.3%) | −$575 (-24.2%) | $1,650 – $2,100 | 3 |
| 2BR | $2,450 | −$645 (-20.8%) | −$145 (-5.6%) | $2,450 – $2,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 7042 vs. New York City — August 2024
| Bedrooms | ZIP 7042 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,800 | $2,390 | −$590 (-24.7%) |
| 2BR | $2,450 | $2,900 | −$450 (-15.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.