Monthly Rent Report
ZIP 7047 Rent Report — May 2023
Asking rents in ZIP 7047, New York City, from 4 listings.
Median 1BR rent in ZIP 7047 was $1,900 in May 2023, down 20.8% (−$500) from April 2023 and up 15.2% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts ZIP 7047 $577 below the New York City citywide 1BR median of $2,477. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,900 | −$500 (-20.8%) | +$250 (+15.2%) | $1,900 – $1,900 | 1 |
| 2BR | $2,500 | −$475 (-16.0%) | +$863 (+52.7%) | $2,500 – $2,500 | 1 |
| 3BR | $2,900 | −$400 (-12.1%) | — | $2,900 – $2,900 | 1 |
| 4BR | $3,550 | — | — | $3,550 – $3,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7047 vs. New York City — May 2023
| Bedrooms | ZIP 7047 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,900 | $2,477 | −$577 (-23.3%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 3BR | $2,900 | $3,225 | −$325 (-10.1%) |
| 4BR | $3,550 | $4,000 | −$450 (-11.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.