Monthly Rent Report
ZIP 7111 Rent Report — June 2023
Asking rents in ZIP 7111, New York City, from 7 listings.
Median 1BR rent in ZIP 7111 was $1,350 in June 2023, down 6.9% (−$100) from May 2023 and down 32.5% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts ZIP 7111 $1,138 below the New York City citywide 1BR median of $2,488. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,199 | −$50 (-4.0%) | +$74 (+6.6%) | $1,199 – $1,199 | 1 |
| 1BR | $1,350 | −$100 (-6.9%) | −$650 (-32.5%) | $1,350 – $1,350 | 3 |
| 2BR | $1,580 | +$180 (+12.9%) | −$395 (-20.0%) | $1,580 – $1,580 | 2 |
| 3BR | $1,950 | +$75 (+4.0%) | +$400 (+25.8%) | $1,950 – $1,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — June 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,199 | $2,500 | −$1,301 (-52.0%) |
| 1BR | $1,350 | $2,488 | −$1,137 (-45.7%) |
| 2BR | $1,580 | $2,828 | −$1,248 (-44.1%) |
| 3BR | $1,950 | $3,300 | −$1,350 (-40.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.