Monthly Rent Report
ZIP 7111 Rent Report — April 2023
Asking rents in ZIP 7111, New York City, from 7 listings.
Median 1BR rent in ZIP 7111 was $1,450 in April 2023, up 20.8% (+$250) from March 2023 and up 7.4% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts ZIP 7111 $923 below the New York City citywide 1BR median of $2,373. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$480 (+40.2%) | +$625 (+59.5%) | $1,675 – $1,675 | 1 |
| 1BR | $1,450 | +$250 (+20.8%) | +$100 (+7.4%) | $1,450 – $1,450 | 2 |
| 2BR | $1,547 | +$197 (+14.6%) | −$48 (-3.0%) | $1,496 – $1,599 | 2 |
| 3BR | $1,800 | −$125 (-6.5%) | −$95 (-5.0%) | $1,725 – $1,875 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — April 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $2,349 | −$674 (-28.7%) |
| 1BR | $1,450 | $2,373 | −$922 (-38.9%) |
| 2BR | $1,547 | $2,795 | −$1,248 (-44.7%) |
| 3BR | $1,800 | $3,200 | −$1,400 (-43.8%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2023.