Monthly Rent Report
ZIP 7601 Rent Report — May 2024
Asking rents in ZIP 7601, New York City, from 10 listings.
Median 1BR rent in ZIP 7601 was $2,350 in May 2024, up 14.6% (+$300) from April 2024 and up 20.5% year-over-year. The middle half of 1BR listings asked between $2,188 and $2,425. That puts ZIP 7601 $75 below the New York City citywide 1BR median of $2,425. The month's figures are based on 10 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | — | — | $1,895 – $1,895 | 1 |
| 1BR | $2,350 | +$300 (+14.6%) | +$400 (+20.5%) | $2,188 – $2,425 | 3 |
| 2BR | $2,595 | +$145 (+5.9%) | $0 (0.0%) | $2,550 – $2,700 | 5 |
| 3BR | $3,500 | — | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7601 vs. New York City — May 2024
| Bedrooms | ZIP 7601 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $2,350 | −$455 (-19.4%) |
| 1BR | $2,350 | $2,425 | −$75 (-3.1%) |
| 2BR | $2,595 | $2,914 | −$318 (-10.9%) |
| 3BR | $3,500 | $3,600 | −$100 (-2.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.