Monthly Rent Report
ZIP 7111 Rent Report — December 2022
Asking rents in ZIP 7111, New York City, from 9 listings.
Median 1BR rent in ZIP 7111 was $1,475 in December 2022, up 5.7% (+$80) from November 2022 and up 28.3% year-over-year. The middle half of 1BR listings asked between $1,413 and $1,538. That puts ZIP 7111 $747 below the New York City citywide 1BR median of $2,222. The month's figures are based on 9 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,275 | — | — | $1,238 – $1,313 | 2 |
| 1BR | $1,475 | +$80 (+5.7%) | +$325 (+28.3%) | $1,413 – $1,538 | 2 |
| 2BR | $1,673 | +$23 (+1.4%) | +$223 (+15.3%) | $1,634 – $1,711 | 2 |
| 3BR | $1,785 | −$110 (-5.8%) | +$135 (+8.2%) | $1,780 – $1,790 | 2 |
| 4BR | $2,250 | +$300 (+15.4%) | +$400 (+21.6%) | $2,250 – $2,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — December 2022
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,275 | $2,098 | −$822 (-39.2%) |
| 1BR | $1,475 | $2,222 | −$746 (-33.6%) |
| 2BR | $1,673 | $2,700 | −$1,027 (-38.1%) |
| 3BR | $1,785 | $3,200 | −$1,415 (-44.2%) |
| 4BR | $2,250 | $3,750 | −$1,500 (-40.0%) |
Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in December 2022.