Monthly Rent Report
ZIP 7111 Rent Report — October 2023
Asking rents in ZIP 7111, New York City, from 7 listings.
Median 1BR rent in ZIP 7111 was $1,450 in October 2023, up 7.4% (+$100) from September 2023 and up 5.1% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts ZIP 7111 $1,000 below the New York City citywide 1BR median of $2,450. The month's figures are based on 7 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$200 (-14.8%) | — | $1,150 – $1,150 | 1 |
| 1BR | $1,450 | +$100 (+7.4%) | +$70 (+5.1%) | $1,450 – $1,450 | 1 |
| 2BR | $1,700 | −$75 (-4.2%) | −$50 (-2.9%) | $1,700 – $1,700 | 1 |
| 3BR | $2,173 | +$223 (+11.4%) | −$27 (-1.3%) | $2,161 – $2,184 | 2 |
| 4BR | $2,100 | — | +$450 (+27.3%) | $2,050 – $2,150 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — October 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $2,411 | −$1,260 (-52.3%) |
| 1BR | $1,450 | $2,450 | −$1,000 (-40.8%) |
| 2BR | $1,700 | $2,900 | −$1,200 (-41.4%) |
| 3BR | $2,173 | $3,349 | −$1,176 (-35.1%) |
| 4BR | $2,100 | $4,200 | −$2,100 (-50.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.