Monthly Rent Report
ZIP 7311 Rent Report — May 2023
Asking rents in ZIP 7311, New York City, from 46 listings.
Median 1BR rent in ZIP 7311 was $3,607 in May 2023, down 5.6% (−$215) from April 2023 and down 5.8% year-over-year. The middle half of 1BR listings asked between $3,557 and $3,820. That puts ZIP 7311 $1,130 above the New York City citywide 1BR median of $2,477. The month's figures are based on 46 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,607 | −$215 (-5.6%) | −$221 (-5.8%) | $3,557 – $3,820 | 25 |
| 2BR | $5,049 | −$425 (-7.8%) | −$120 (-2.3%) | $4,811 – $5,503 | 21 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7311 vs. New York City — May 2023
| Bedrooms | ZIP 7311 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,607 | $2,477 | +$1,130 (+45.6%) |
| 2BR | $5,049 | $2,800 | +$2,249 (+80.3%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.