Monthly Rent Report
ZIP 7047 Rent Report — March 2025
Asking rents in ZIP 7047, New York City, from 5 listings.
Median 1BR rent in ZIP 7047 was $1,425 in March 2025, down 33.7% (−$725) from February 2025 and down 50.4% year-over-year. The middle half of 1BR listings asked between $1,238 and $1,613. That puts ZIP 7047 $1,075 below the New York City citywide 1BR median of $2,500. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,245 | −$50 (-2.2%) | +$50 (+2.3%) | $2,220 – $2,270 | 2 |
| 1BR | $1,425 | −$725 (-33.7%) | −$1,450 (-50.4%) | $1,238 – $1,613 | 2 |
| 2BR | $2,700 | +$450 (+20.0%) | −$1,300 (-32.5%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
ZIP 7047 vs. New York City — March 2025
| Bedrooms | ZIP 7047 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,245 | $2,514 | −$268 (-10.7%) |
| 1BR | $1,425 | $2,500 | −$1,075 (-43.0%) |
| 2BR | $2,700 | $2,938 | −$237 (-8.1%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.