Monthly Rent Report
ZIP 7111 Rent Report — August 2023
Asking rents in ZIP 7111, New York City, from 7 listings.
Median 1BR rent in ZIP 7111 was $1,350 in August 2023, down 3.6% (−$50) from July 2023 and down 1.6% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts ZIP 7111 $1,000 below the New York City citywide 1BR median of $2,350. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,125 | — | +$75 (+7.1%) | $1,113 – $1,138 | 2 |
| 1BR | $1,350 | −$50 (-3.6%) | −$22 (-1.6%) | $1,350 – $1,350 | 1 |
| 2BR | $1,799 | +$49 (+2.8%) | +$149 (+9.0%) | $1,799 – $1,799 | 1 |
| 3BR | $1,950 | −$97 (-4.8%) | +$55 (+2.9%) | $1,950 – $1,950 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — August 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,125 | $2,490 | −$1,365 (-54.8%) |
| 1BR | $1,350 | $2,350 | −$1,000 (-42.6%) |
| 2BR | $1,799 | $2,859 | −$1,060 (-37.1%) |
| 3BR | $1,950 | $3,413 | −$1,462 (-42.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.