Monthly Rent Report
ZIP 7047 Rent Report — August 2024
Asking rents in ZIP 7047, New York City, from 9 listings.
Median 1BR rent in ZIP 7047 was $2,550 in August 2024, up 37.8% (+$700) from July 2024 and up 96.2% year-over-year. The middle half of 1BR listings asked between $2,450 and $2,550. That puts ZIP 7047 $160 above the New York City citywide 1BR median of $2,390. The month's figures are based on 9 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | −$95 (-4.1%) | −$72 (-3.2%) | $2,200 – $2,200 | 1 |
| 1BR | $2,550 | +$700 (+37.8%) | +$1,250 (+96.2%) | $2,450 – $2,550 | 5 |
| 2BR | $2,698 | +$98 (+3.8%) | −$2 (-0.1%) | $2,549 – $2,846 | 2 |
| 3BR | $3,900 | −$1,600 (-29.1%) | +$600 (+18.2%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 7047 vs. New York City — August 2024
| Bedrooms | ZIP 7047 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $2,500 | −$300 (-12.0%) |
| 1BR | $2,550 | $2,390 | +$160 (+6.7%) |
| 2BR | $2,698 | $2,900 | −$202 (-7.0%) |
| 3BR | $3,900 | $3,603 | +$297 (+8.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.