Monthly Rent Report
ZIP 7111 Rent Report — May 2025
Asking rents in ZIP 7111, New York City, from 4 listings.
Median 1BR rent in ZIP 7111 was $1,500 in May 2025, down 28.6% (−$600) from April 2025 and up 9.1% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts ZIP 7111 $1,341 below the New York City citywide 1BR median of $2,841. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | $0 (0.0%) | +$55 (+4.6%) | $1,250 – $1,250 | 1 |
| 1BR | $1,500 | −$600 (-28.6%) | +$125 (+9.1%) | $1,500 – $1,500 | 1 |
| 2BR | $1,990 | −$960 (-32.5%) | −$10 (-0.5%) | $1,990 – $1,990 | 1 |
| 3BR | $2,000 | −$250 (-11.1%) | −$150 (-7.0%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
ZIP 7111 vs. New York City — May 2025
| Bedrooms | ZIP 7111 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $2,799 | −$1,549 (-55.3%) |
| 1BR | $1,500 | $2,841 | −$1,341 (-47.2%) |
| 2BR | $1,990 | $3,263 | −$1,272 (-39.0%) |
| 3BR | $2,000 | $3,777 | −$1,777 (-47.0%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in May 2025.