Monthly Rent Report
ZIP 7203 Rent Report — May 2023
Asking rents in ZIP 7203, New York City, from 64 listings.
Median 1BR rent in ZIP 7203 was $2,413 in May 2023, up 11.1% (+$242) from April 2023 and up 93.4% year-over-year. The middle half of 1BR listings asked between $2,288 and $2,459. That puts ZIP 7203 $64 below the New York City citywide 1BR median of $2,477. The month's figures are based on 64 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,413 | +$242 (+11.1%) | +$1,166 (+93.4%) | $2,288 – $2,459 | 32 |
| 2BR | $2,658 | +$55 (+2.1%) | +$117 (+4.6%) | $2,618 – $2,737 | 30 |
| 3BR | $2,975 | +$275 (+10.2%) | +$775 (+35.2%) | $2,975 – $2,975 | 1 |
| 4BR | $3,600 | — | — | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7203 vs. New York City — May 2023
| Bedrooms | ZIP 7203 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,413 | $2,477 | −$64 (-2.6%) |
| 2BR | $2,658 | $2,800 | −$142 (-5.1%) |
| 3BR | $2,975 | $3,225 | −$250 (-7.8%) |
| 4BR | $3,600 | $4,000 | −$400 (-10.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.