Monthly Rent Report
ZIP 7111 Rent Report — February 2023
Asking rents in ZIP 7111, New York City, from 6 listings.
Median 1BR rent in ZIP 7111 was $1,358 in February 2023, down 3.2% (−$45) from January 2023 and up 0.6% year-over-year. The middle half of 1BR listings asked between $1,358 and $1,358. That puts ZIP 7111 $842 below the New York City citywide 1BR median of $2,200. The month's figures are based on 6 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | — | — | $950 – $950 | 1 |
| 1BR | $1,358 | −$45 (-3.2%) | +$8 (+0.6%) | $1,358 – $1,358 | 1 |
| 2BR | $1,690 | +$290 (+20.7%) | +$195 (+13.0%) | $1,690 – $1,690 | 1 |
| 3BR | $2,100 | +$313 (+17.5%) | +$350 (+20.0%) | $2,100 – $2,100 | 1 |
| 4BR | $1,850 | −$950 (-33.9%) | — | $1,775 – $1,925 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — February 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $2,260 | −$1,310 (-58.0%) |
| 1BR | $1,358 | $2,200 | −$841 (-38.3%) |
| 2BR | $1,690 | $2,695 | −$1,005 (-37.3%) |
| 3BR | $2,100 | $3,200 | −$1,100 (-34.4%) |
| 4BR | $1,850 | $3,800 | −$1,950 (-51.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.