Monthly Rent Report

Arverne Rent Report — July 2015

Asking rents in ZIP 11692, New York City, from 240 listings.

Median 1BR rent in Arverne was $1,292 in July 2015, down 0.3% (−$4) from June 2015 and up 48.2% year-over-year. The middle half of 1BR listings asked between $1,292 and $1,300. That puts Arverne $408 below the New York City citywide 1BR median of $1,700. The month's figures are based on 240 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2015Vs. July 2014P25–P75 RangeListings
Studio$950$0 (0.0%)+$248 (+35.3%)$950 – $9505
Studio$950$0 (0.0%)+$248 (+35.3%)$950 – $9505
1BR$1,292−$4 (-0.3%)+$420 (+48.2%)$1,292 – $1,30012
1BR$1,292−$4 (-0.3%)+$420 (+48.2%)$1,292 – $1,30012
2BR$1,700−$300 (-15.0%)+$661 (+63.6%)$1,600 – $1,90069
2BR$1,700−$300 (-15.0%)+$661 (+63.6%)$1,600 – $1,90069
3BR$1,925−$25 (-1.3%)+$525 (+37.5%)$1,685 – $2,30032
3BR$1,925−$25 (-1.3%)+$525 (+37.5%)$1,685 – $2,30032
4BR$2,100+$771 (+58.0%)$2,100 – $2,1002
4BR$2,100+$771 (+58.0%)$2,100 – $2,1002

Median, P25, and P75 are asking rents from listings posted in July 2015. Changes compare against the nearest prior month with data.

Arverne vs. New York CityJuly 2015

BedroomsArverne MedianNYC Citywide MedianDifference
Studio$950$1,600−$650 (-40.6%)
Studio$950$1,600−$650 (-40.6%)
1BR$1,292$1,700−$408 (-24.0%)
1BR$1,292$1,700−$408 (-24.0%)
2BR$1,700$2,150−$450 (-20.9%)
2BR$1,700$2,150−$450 (-20.9%)
3BR$1,925$2,500−$575 (-23.0%)
3BR$1,925$2,500−$575 (-23.0%)
4BR$2,100$3,200−$1,100 (-34.4%)
4BR$2,100$3,200−$1,100 (-34.4%)

Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in July 2015.

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