Monthly Rent Report
ZIP 7079 Rent Report — May 2023
Asking rents in ZIP 7079, New York City, from 16 listings.
Median 1BR rent in ZIP 7079 was $2,986 in May 2023, up 10.5% (+$283) from April 2023 and up 6.2% year-over-year. The middle half of 1BR listings asked between $2,612 and $3,234. That puts ZIP 7079 $509 above the New York City citywide 1BR median of $2,477. The month's figures are based on 16 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,254 | +$236 (+11.7%) | +$118 (+5.5%) | $2,169 – $2,340 | 2 |
| 1BR | $2,986 | +$283 (+10.5%) | +$174 (+6.2%) | $2,612 – $3,234 | 9 |
| 2BR | $4,037 | +$66 (+1.6%) | −$73 (-1.8%) | $4,037 – $4,091 | 5 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7079 vs. New York City — May 2023
| Bedrooms | ZIP 7079 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,254 | $2,450 | −$196 (-8.0%) |
| 1BR | $2,986 | $2,477 | +$509 (+20.5%) |
| 2BR | $4,037 | $2,800 | +$1,237 (+44.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.