Monthly Rent Report
ZIP 7111 Rent Report — May 2022
Asking rents in ZIP 7111, New York City, from 8 listings.
Median 1BR rent in ZIP 7111 was $1,300 in May 2022, down 3.7% (−$50) from April 2022. The middle half of 1BR listings asked between $1,299 and $1,300. That puts ZIP 7111 $763 below the New York City citywide 1BR median of $2,063. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | +$50 (+4.8%) | $0 (0.0%) | $1,100 – $1,100 | 1 |
| 1BR | $1,300 | −$50 (-3.7%) | — | $1,299 – $1,300 | 2 |
| 2BR | $1,623 | +$28 (+1.7%) | +$223 (+15.9%) | $1,609 – $1,636 | 2 |
| 3BR | $1,900 | +$5 (+0.3%) | +$400 (+26.7%) | $1,900 – $1,900 | 1 |
| 4BR | $1,550 | −$150 (-8.8%) | −$150 (-8.8%) | $1,550 – $1,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — May 2022
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,875 | −$775 (-41.3%) |
| 1BR | $1,300 | $2,063 | −$763 (-37.0%) |
| 2BR | $1,623 | $2,499 | −$876 (-35.1%) |
| 3BR | $1,900 | $2,950 | −$1,050 (-35.6%) |
| 4BR | $1,550 | $3,600 | −$2,050 (-56.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.