Monthly Rent Report
ZIP 7720 Rent Report — August 2022
Asking rents in ZIP 7720, New York City, from 5 listings.
Median 1BR rent in ZIP 7720 was $2,013 in August 2022, down 28.1% (−$787) from July 2022 and up 5.9% year-over-year. The middle half of 1BR listings asked between $2,006 and $2,019. That puts ZIP 7720 $338 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 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | — | — | $1,750 – $1,750 | 1 |
| 1BR | $2,013 | −$787 (-28.1%) | +$113 (+5.9%) | $2,006 – $2,019 | 2 |
| 2BR | $2,700 | −$250 (-8.5%) | +$200 (+8.0%) | $2,700 – $2,700 | 1 |
| 3BR | $2,950 | — | — | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
ZIP 7720 vs. New York City — August 2022
| Bedrooms | ZIP 7720 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,300 | −$550 (-23.9%) |
| 1BR | $2,013 | $2,350 | −$337 (-14.4%) |
| 2BR | $2,700 | $2,800 | −$100 (-3.6%) |
| 3BR | $2,950 | $3,350 | −$400 (-11.9%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.