Monthly Rent Report
Arverne Rent Report — February 2016
Asking rents in ZIP 11692, New York City, from 60 listings.
Median 1BR rent in Arverne was $1,400 in February 2016, flat versus January 2016 and up 7.7% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,450. That puts Arverne $250 below the New York City citywide 1BR median of $1,650. The month's figures are based on 60 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2016 | Vs. February 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | $0 (0.0%) | −$150 (-13.0%) | $1,000 – $1,000 | 1 |
| 1BR | $1,400 | $0 (0.0%) | +$100 (+7.7%) | $1,350 – $1,450 | 4 |
| 2BR | $1,850 | +$50 (+2.8%) | +$320 (+20.9%) | $1,800 – $2,200 | 20 |
| 3BR | $2,300 | +$100 (+4.5%) | +$615 (+36.5%) | $2,200 – $2,500 | 29 |
| 4BR | $2,100 | — | — | $2,100 – $2,100 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — February 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,575 | −$575 (-36.5%) |
| 1BR | $1,400 | $1,650 | −$250 (-15.2%) |
| 2BR | $1,850 | $2,000 | −$150 (-7.5%) |
| 3BR | $2,300 | $2,450 | −$150 (-6.1%) |
| 4BR | $2,100 | $3,175 | −$1,075 (-33.9%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in February 2016.