Monthly Rent Report
ZIP 7305 Rent Report — May 2023
Asking rents in ZIP 7305, New York City, from 5 listings.
Median 1BR rent in ZIP 7305 was $925 in May 2023, down 42.9% (−$694) from April 2023 and down 19.9% year-over-year. The middle half of 1BR listings asked between $925 and $925. That puts ZIP 7305 $1,552 below the New York City citywide 1BR median of $2,477. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $925 | −$694 (-42.9%) | −$230 (-19.9%) | $925 – $925 | 1 |
| 2BR | $2,800 | $0 (0.0%) | +$1,275 (+83.6%) | $2,800 – $2,800 | 1 |
| 3BR | $2,900 | −$100 (-3.3%) | +$828 (+40.0%) | $2,900 – $2,900 | 1 |
| 4BR | $2,450 | −$350 (-12.5%) | — | $2,200 – $2,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7305 vs. New York City — May 2023
| Bedrooms | ZIP 7305 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $925 | $2,477 | −$1,552 (-62.7%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 3BR | $2,900 | $3,225 | −$325 (-10.1%) |
| 4BR | $2,450 | $4,000 | −$1,550 (-38.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.