Monthly Rent Report
ZIP 7111 Rent Report — April 2024
Asking rents in ZIP 7111, New York City, from 7 listings.
Median 1BR rent in ZIP 7111 was $1,375 in April 2024, down 1.8% (−$25) from March 2024 and down 5.2% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,500. That puts ZIP 7111 $1,125 below the New York City citywide 1BR median of $2,500. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,195 | +$5 (+0.4%) | −$480 (-28.7%) | $1,195 – $1,195 | 1 |
| 1BR | $1,375 | −$25 (-1.8%) | −$75 (-5.2%) | $1,350 – $1,500 | 4 |
| 2BR | $1,575 | — | +$28 (+1.8%) | $1,575 – $1,575 | 1 |
| 3BR | $2,350 | — | +$550 (+30.6%) | $2,350 – $2,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — April 2024
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,195 | $2,491 | −$1,296 (-52.0%) |
| 1BR | $1,375 | $2,500 | −$1,125 (-45.0%) |
| 2BR | $1,575 | $2,995 | −$1,420 (-47.4%) |
| 3BR | $2,350 | $3,500 | −$1,150 (-32.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.