Monthly Rent Report
ZIP 7079 Rent Report — May 2024
Asking rents in ZIP 7079, New York City, from 5 listings.
Median 1BR rent in ZIP 7079 was $1,700 in May 2024, down 22.6% (−$497) from April 2024 and down 43.1% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,750. That puts ZIP 7079 $725 below the New York City citywide 1BR median of $2,425. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | $0 (0.0%) | −$754 (-33.5%) | $1,500 – $1,500 | 1 |
| 1BR | $1,700 | −$497 (-22.6%) | −$1,286 (-43.1%) | $1,700 – $1,750 | 3 |
| 2BR | $3,700 | $0 (0.0%) | −$337 (-8.3%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7079 vs. New York City — May 2024
| Bedrooms | ZIP 7079 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $2,350 | −$850 (-36.2%) |
| 1BR | $1,700 | $2,425 | −$725 (-29.9%) |
| 2BR | $3,700 | $2,914 | +$787 (+27.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.