Monthly Rent Report
ZIP 7047 Rent Report — May 2025
Asking rents in ZIP 7047, New York City, from 2 listings.
Median 1BR rent in ZIP 7047 was $1,150 in May 2025, down 23.1% (−$345) from April 2025 and down 20.6% year-over-year. The middle half of 1BR listings asked between $1,150 and $1,150. That puts ZIP 7047 $1,691 below the New York City citywide 1BR median of $2,841. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,150 | −$345 (-23.1%) | −$297 (-20.6%) | $1,150 – $1,150 | 1 |
| 2BR | $2,600 | — | +$500 (+23.8%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 7047 vs. New York City — May 2025
| Bedrooms | ZIP 7047 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,150 | $2,841 | −$1,691 (-59.5%) |
| 2BR | $2,600 | $3,263 | −$662 (-20.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.