Monthly Rent Report
ZIP 7720 Rent Report — July 2024
Asking rents in ZIP 7720, New York City, from 5 listings.
Median 1BR rent in ZIP 7720 was $1,800 in July 2024, down 12.2% (−$250) from June 2024 and down 8.9% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts ZIP 7720 $700 below the New York City citywide 1BR median of $2,500. The month's figures are based on 5 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | — | $0 (0.0%) | $1,750 – $1,750 | 1 |
| 1BR | $1,800 | −$250 (-12.2%) | −$175 (-8.9%) | $1,800 – $1,800 | 1 |
| 2BR | $2,147 | +$323 (+17.7%) | −$453 (-17.4%) | $1,973 – $2,320 | 2 |
| 3BR | $2,650 | — | — | $2,650 – $2,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 7720 vs. New York City — July 2024
| Bedrooms | ZIP 7720 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $2,800 | −$1,050 (-37.5%) |
| 1BR | $1,800 | $2,500 | −$700 (-28.0%) |
| 2BR | $2,147 | $3,000 | −$853 (-28.4%) |
| 3BR | $2,650 | $3,606 | −$956 (-26.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.