Monthly Rent Report
ZIP 7087 Rent Report — May 2024
Asking rents in ZIP 7087, New York City, from 7 listings.
Median 1BR rent in ZIP 7087 was $1,650 in May 2024, up 175.0% (+$1,050) from April 2024 and down 21.4% year-over-year. The middle half of 1BR listings asked between $1,625 and $1,725. That puts ZIP 7087 $775 below the New York City citywide 1BR median of $2,425. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | — | — | $1,400 – $1,400 | 1 |
| 1BR | $1,650 | +$1,050 (+175.0%) | −$450 (-21.4%) | $1,625 – $1,725 | 3 |
| 2BR | $1,638 | — | −$512 (-23.8%) | $1,638 – $1,638 | 1 |
| 3BR | $3,275 | −$225 (-6.4%) | +$798 (+32.2%) | $3,238 – $3,313 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7087 vs. New York City — May 2024
| Bedrooms | ZIP 7087 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $2,350 | −$950 (-40.4%) |
| 1BR | $1,650 | $2,425 | −$775 (-32.0%) |
| 2BR | $1,638 | $2,914 | −$1,275 (-43.8%) |
| 3BR | $3,275 | $3,600 | −$325 (-9.0%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.