Monthly Rent Report
ZIP 7203 Rent Report — May 2022
Asking rents in ZIP 7203, New York City, from 5 listings.
Median 1BR rent in ZIP 7203 was $1,248 in May 2022, down 45.8% (−$1,054) from April 2022 and down 42.5% year-over-year. The middle half of 1BR listings asked between $1,174 and $1,321. That puts ZIP 7203 $815 below the New York City citywide 1BR median of $2,063. The month's figures are based on 5 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,248 | −$1,054 (-45.8%) | −$923 (-42.5%) | $1,174 – $1,321 | 2 |
| 2BR | $2,541 | −$9 (-0.4%) | +$41 (+1.6%) | $2,518 – $2,563 | 2 |
| 3BR | $2,200 | −$300 (-12.0%) | — | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
ZIP 7203 vs. New York City — May 2022
| Bedrooms | ZIP 7203 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,248 | $2,063 | −$815 (-39.5%) |
| 2BR | $2,541 | $2,499 | +$42 (+1.7%) |
| 3BR | $2,200 | $2,950 | −$750 (-25.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2022.