Monthly Rent Report
ZIP 7111 Rent Report — December 2023
Asking rents in ZIP 7111, New York City, from 6 listings.
Median 1BR rent in ZIP 7111 was $1,450 in December 2023, down 3.0% (−$45) from November 2023 and down 1.7% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts ZIP 7111 $950 below the New York City citywide 1BR median of $2,400. The month's figures are based on 6 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | −$150 (-11.1%) | −$75 (-5.9%) | $1,200 – $1,200 | 2 |
| 1BR | $1,450 | −$45 (-3.0%) | −$25 (-1.7%) | $1,450 – $1,450 | 1 |
| 2BR | $995 | −$505 (-33.7%) | −$677 (-40.5%) | $995 – $995 | 1 |
| 3BR | $2,200 | +$200 (+10.0%) | +$415 (+23.2%) | $2,200 – $2,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — December 2023
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $2,362 | −$1,162 (-49.2%) |
| 1BR | $1,450 | $2,400 | −$950 (-39.6%) |
| 2BR | $995 | $2,900 | −$1,905 (-65.7%) |
| 3BR | $2,200 | $3,500 | −$1,300 (-37.1%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.