Monthly Rent Report
ZIP 7111 Rent Report — February 2024
Asking rents in ZIP 7111, New York City, from 5 listings.
Median 1BR rent in ZIP 7111 was $1,497 in February 2024, up 10.9% (+$147) from January 2024 and up 10.2% year-over-year. The middle half of 1BR listings asked between $1,396 and $1,598. That puts ZIP 7111 $953 below the New York City citywide 1BR median of $2,450. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,497 | +$147 (+10.9%) | +$139 (+10.2%) | $1,396 – $1,598 | 2 |
| 2BR | $1,650 | +$55 (+3.4%) | −$40 (-2.4%) | $1,650 – $1,650 | 1 |
| 3BR | $2,199 | +$49 (+2.3%) | +$99 (+4.7%) | $2,199 – $2,199 | 1 |
| 4BR | $2,399 | −$200 (-7.7%) | +$549 (+29.7%) | $2,399 – $2,399 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — February 2024
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,497 | $2,450 | −$953 (-38.9%) |
| 2BR | $1,650 | $2,979 | −$1,329 (-44.6%) |
| 3BR | $2,199 | $3,500 | −$1,301 (-37.2%) |
| 4BR | $2,399 | $4,148 | −$1,748 (-42.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.