Monthly Rent Report
ZIP 7701 Rent Report — May 2024
Asking rents in ZIP 7701, New York City, from 2 listings.
Median 1BR rent in ZIP 7701 was $2,950 in May 2024, up 47.5% (+$950) from April 2024 and up 34.1% year-over-year. The middle half of 1BR listings asked between $2,950 and $2,950. That puts ZIP 7701 $525 above the New York City citywide 1BR median of $2,425. The month's figures are based on 2 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,950 | +$950 (+47.5%) | +$750 (+34.1%) | $2,950 – $2,950 | 1 |
| 2BR | $3,895 | +$295 (+8.2%) | +$1,445 (+59.0%) | $3,895 – $3,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 7701 vs. New York City — May 2024
| Bedrooms | ZIP 7701 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,950 | $2,425 | +$525 (+21.6%) |
| 2BR | $3,895 | $2,914 | +$982 (+33.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.