Monthly Rent Report
ZIP 7047 Rent Report — August 2023
Asking rents in ZIP 7047, New York City, from 5 listings.
Median 1BR rent in ZIP 7047 was $1,300 in August 2023, down 46.9% (−$1,150) from July 2023 and down 25.7% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts ZIP 7047 $1,050 below the New York City citywide 1BR median of $2,350. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,273 | −$22 (-1.0%) | +$278 (+13.9%) | $2,261 – $2,284 | 2 |
| 1BR | $1,300 | −$1,150 (-46.9%) | −$450 (-25.7%) | $1,300 – $1,300 | 1 |
| 2BR | $2,700 | +$200 (+8.0%) | +$600 (+28.6%) | $2,700 – $2,700 | 1 |
| 3BR | $3,300 | +$400 (+13.8%) | +$650 (+24.5%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 7047 vs. New York City — August 2023
| Bedrooms | ZIP 7047 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,273 | $2,490 | −$217 (-8.7%) |
| 1BR | $1,300 | $2,350 | −$1,050 (-44.7%) |
| 2BR | $2,700 | $2,859 | −$159 (-5.6%) |
| 3BR | $3,300 | $3,413 | −$112 (-3.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.