Monthly Rent Report
ZIP 7304 Rent Report — May 2024
Asking rents in ZIP 7304, New York City, from 25 listings.
Median 1BR rent in ZIP 7304 was $2,025 in May 2024, down 26.7% (−$737) from April 2024 and up 19.5% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,025. That puts ZIP 7304 $400 below the New York City citywide 1BR median of $2,425. The month's figures are based on 25 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,815 | −$65 (-3.5%) | — | $1,795 – $1,945 | 17 |
| 1BR | $2,025 | −$737 (-26.7%) | +$330 (+19.5%) | $2,025 – $2,025 | 1 |
| 2BR | $3,176 | +$51 (+1.6%) | +$1,376 (+76.4%) | $2,913 – $3,446 | 6 |
| 3BR | $4,995 | +$2,045 (+69.3%) | +$2,233 (+80.8%) | $4,995 – $4,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7304 vs. New York City — May 2024
| Bedrooms | ZIP 7304 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,815 | $2,350 | −$535 (-22.8%) |
| 1BR | $2,025 | $2,425 | −$400 (-16.5%) |
| 2BR | $3,176 | $2,914 | +$262 (+9.0%) |
| 3BR | $4,995 | $3,600 | +$1,395 (+38.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.