Monthly Rent Report
ZIP 7720 Rent Report — August 2024
Asking rents in ZIP 7720, New York City, from 3 listings.
Median 1BR rent in ZIP 7720 was $2,500 in August 2024, up 38.9% (+$700) from July 2024 and up 4.2% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts ZIP 7720 $110 above the New York City citywide 1BR median of $2,390. The month's figures are based on 3 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | +$100 (+5.7%) | — | $1,850 – $1,850 | 1 |
| 1BR | $2,500 | +$700 (+38.9%) | +$100 (+4.2%) | $2,500 – $2,500 | 1 |
| 2BR | $1,777 | −$369 (-17.2%) | −$1,148 (-39.2%) | $1,777 – $1,777 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
ZIP 7720 vs. New York City — August 2024
| Bedrooms | ZIP 7720 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $2,500 | −$650 (-26.0%) |
| 1BR | $2,500 | $2,390 | +$110 (+4.6%) |
| 2BR | $1,777 | $2,900 | −$1,123 (-38.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.