Monthly Rent Report
ZIP 7501 Rent Report — May 2024
Asking rents in ZIP 7501, New York City, from 4 listings.
Median 1BR rent in ZIP 7501 was $1,800 in May 2024, up 56.5% (+$650) from April 2024 and up 20.4% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts ZIP 7501 $625 below the New York City citywide 1BR median of $2,425. The month's figures are based on 4 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | — | +$325 (+37.1%) | $1,200 – $1,200 | 1 |
| 1BR | $1,800 | +$650 (+56.5%) | +$305 (+20.4%) | $1,800 – $1,800 | 1 |
| 2BR | $1,745 | +$45 (+2.6%) | +$245 (+16.3%) | $1,745 – $1,745 | 1 |
| 3BR | $2,200 | — | $0 (0.0%) | $2,200 – $2,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7501 vs. New York City — May 2024
| Bedrooms | ZIP 7501 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $2,350 | −$1,150 (-48.9%) |
| 1BR | $1,800 | $2,425 | −$625 (-25.8%) |
| 2BR | $1,745 | $2,914 | −$1,168 (-40.1%) |
| 3BR | $2,200 | $3,600 | −$1,400 (-38.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.