Monthly Rent Report
ZIP 7501 Rent Report — May 2023
Asking rents in ZIP 7501, New York City, from 7 listings.
Median 1BR rent in ZIP 7501 was $1,495 in May 2023, up 15.0% (+$195) from April 2023 and up 0.5% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,495. That puts ZIP 7501 $982 below the New York City citywide 1BR median of $2,477. The month's figures are based on 7 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | −$225 (-20.5%) | — | $763 – $988 | 2 |
| 1BR | $1,495 | +$195 (+15.0%) | +$8 (+0.5%) | $1,495 – $1,495 | 1 |
| 2BR | $1,500 | −$145 (-8.8%) | −$375 (-20.0%) | $1,500 – $1,500 | 2 |
| 3BR | $2,200 | +$250 (+12.8%) | +$600 (+37.5%) | $2,200 – $2,200 | 1 |
| 4BR | $1,900 | −$100 (-5.0%) | — | $1,900 – $1,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 7501 vs. New York City — May 2023
| Bedrooms | ZIP 7501 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $2,450 | −$1,575 (-64.3%) |
| 1BR | $1,495 | $2,477 | −$982 (-39.7%) |
| 2BR | $1,500 | $2,800 | −$1,300 (-46.4%) |
| 3BR | $2,200 | $3,225 | −$1,025 (-31.8%) |
| 4BR | $1,900 | $4,000 | −$2,100 (-52.5%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.