Monthly Rent Report
ZIP 7203 Rent Report — May 2024
Asking rents in ZIP 7203, New York City, from 3 listings.
Median 1BR rent in ZIP 7203 was $1,950 in May 2024, down 19.6% (−$475) from April 2024 and down 19.2% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts ZIP 7203 $475 below the New York City citywide 1BR median of $2,425. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,950 | −$475 (-19.6%) | −$463 (-19.2%) | $1,950 – $1,950 | 1 |
| 3BR | $1,600 | — | −$1,375 (-46.2%) | $1,600 – $1,600 | 1 |
| 4BR | $3,000 | — | −$600 (-16.7%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7203 vs. New York City — May 2024
| Bedrooms | ZIP 7203 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,950 | $2,425 | −$475 (-19.6%) |
| 3BR | $1,600 | $3,600 | −$2,000 (-55.6%) |
| 4BR | $3,000 | $4,250 | −$1,250 (-29.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.