Monthly Rent Report
ZIP 7712 Rent Report — August 2023
Asking rents in ZIP 7712, New York City, from 5 listings.
Median 1BR rent in ZIP 7712 was $1,725 in August 2023, down 24.8% (−$570) from July 2023 and down 23.3% year-over-year. The middle half of 1BR listings asked between $1,713 and $1,738. That puts ZIP 7712 $625 below the New York City citywide 1BR median of $2,350. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$75 (+4.8%) | +$50 (+3.1%) | $1,650 – $1,650 | 1 |
| 1BR | $1,725 | −$570 (-24.8%) | −$525 (-23.3%) | $1,713 – $1,738 | 2 |
| 2BR | $3,138 | −$2,662 (-45.9%) | −$143 (-4.4%) | $3,138 – $3,138 | 1 |
| 4BR | $3,500 | — | +$300 (+9.4%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 7712 vs. New York City — August 2023
| Bedrooms | ZIP 7712 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,490 | −$840 (-33.7%) |
| 1BR | $1,725 | $2,350 | −$625 (-26.6%) |
| 2BR | $3,138 | $2,859 | +$279 (+9.8%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.