Monthly Rent Report
ZIP 8540 Rent Report — May 2024
Asking rents in ZIP 8540, New York City, from 6 listings.
Median 1BR rent in ZIP 8540 was $2,325 in May 2024, up 1.1% (+$25) from April 2024 and down 1.1% year-over-year. The middle half of 1BR listings asked between $2,313 and $2,338. That puts ZIP 8540 $100 below the New York City citywide 1BR median of $2,425. The month's figures are based on 6 listings across 2 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,325 | +$25 (+1.1%) | −$25 (-1.1%) | $2,313 – $2,338 | 2 |
| 2BR | $3,367 | +$135 (+4.2%) | +$1,117 (+49.6%) | $3,286 – $3,523 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 8540 vs. New York City — May 2024
| Bedrooms | ZIP 8540 Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,325 | $2,425 | −$100 (-4.1%) |
| 2BR | $3,367 | $2,914 | +$453 (+15.5%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.