Monthly Rent Report

Arverne Rent Report — August 2015

Asking rents in ZIP 11692, New York City, from 196 listings.

Median 1BR rent in Arverne was $1,500 in August 2015, up 16.1% (+$208) from July 2015 and up 7.1% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,700. That puts Arverne $195 below the New York City citywide 1BR median of $1,695. The month's figures are based on 196 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2015Vs. August 2014P25–P75 RangeListings
Studio$950$0 (0.0%)−$200 (-17.4%)$950 – $9504
Studio$950$0 (0.0%)−$200 (-17.4%)$950 – $9504
1BR$1,500+$208 (+16.1%)+$100 (+7.1%)$1,300 – $1,7008
1BR$1,500+$208 (+16.1%)+$100 (+7.1%)$1,300 – $1,7008
2BR$1,850+$150 (+8.8%)+$192 (+11.6%)$1,700 – $2,05054
2BR$1,500−$200 (-11.8%)−$158 (-9.5%)$1,500 – $1,5002
2BR$1,850+$150 (+8.8%)+$192 (+11.6%)$1,700 – $2,08852
3BR$2,200+$275 (+14.3%)+$138 (+6.7%)$2,000 – $2,45028
3BR$2,200+$275 (+14.3%)+$138 (+6.7%)$2,000 – $2,45028
4BR$2,100$0 (0.0%)$0 (0.0%)$2,100 – $2,1004
4BR$2,100$0 (0.0%)$0 (0.0%)$2,100 – $2,1004

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

Arverne vs. New York CityAugust 2015

BedroomsArverne MedianNYC Citywide MedianDifference
Studio$950$1,650−$700 (-42.4%)
Studio$950$1,650−$700 (-42.4%)
1BR$1,500$1,695−$195 (-11.5%)
1BR$1,500$1,695−$195 (-11.5%)
2BR$1,850$2,150−$300 (-14.0%)
2BR$1,500$2,150−$650 (-30.2%)
2BR$1,850$2,150−$300 (-14.0%)
3BR$2,200$2,600−$400 (-15.4%)
3BR$2,200$2,600−$400 (-15.4%)
4BR$2,100$3,300−$1,200 (-36.4%)
4BR$2,100$3,300−$1,200 (-36.4%)

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

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