Monthly Rent Report
ZIP 7050 Rent Report — May 2024
Asking rents in ZIP 7050, New York City, from 3 listings.
Median 1BR rent in ZIP 7050 was $1,750 in May 2024, up 16.7% (+$250) from April 2024 and up 27.4% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts ZIP 7050 $675 below the New York City citywide 1BR median of $2,425. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$450 (-23.7%) | — | $1,450 – $1,450 | 1 |
| 1BR | $1,750 | +$250 (+16.7%) | +$376 (+27.4%) | $1,750 – $1,750 | 1 |
| 2BR | $1,800 | −$200 (-10.0%) | — | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7050 vs. New York City — May 2024
| Bedrooms | ZIP 7050 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $2,350 | −$900 (-38.3%) |
| 1BR | $1,750 | $2,425 | −$675 (-27.8%) |
| 2BR | $1,800 | $2,914 | −$1,113 (-38.2%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.