Monthly Rent Report
ZIP 8540 Rent Report — March 2024
Asking rents in ZIP 8540, New York City, from 11 listings.
Median 1BR rent in ZIP 8540 was $1,299 in March 2024, down 41.6% (−$926) from February 2024 and down 33.2% year-over-year. The middle half of 1BR listings asked between $1,299 and $1,299. That puts ZIP 8540 $1,200 below the New York City citywide 1BR median of $2,499. The month's figures are based on 11 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,299 | −$926 (-41.6%) | −$646 (-33.2%) | $1,299 – $1,299 | 5 |
| 2BR | $3,435 | −$129 (-3.6%) | −$242 (-6.6%) | $3,301 – $3,592 | 4 |
| 3BR | $4,191 | −$754 (-15.2%) | −$434 (-9.4%) | $4,142 – $4,241 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 8540 vs. New York City — March 2024
| Bedrooms | ZIP 8540 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,299 | $2,499 | −$1,200 (-48.0%) |
| 2BR | $3,435 | $2,995 | +$441 (+14.7%) |
| 3BR | $4,191 | $3,500 | +$691 (+19.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.