Monthly Rent Report
Arverne Rent Report — March 2016
Asking rents in ZIP 11692, New York City, from 153 listings.
Median 1BR rent in Arverne was $1,350 in March 2016, down 3.6% (−$50) from February 2016 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,450. That puts Arverne $300 below the New York City citywide 1BR median of $1,650. The month's figures are based on 153 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2016 | Vs. March 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$500 (+50.0%) | +$350 (+30.4%) | $1,500 – $1,500 | 3 |
| 1BR | $1,350 | −$50 (-3.6%) | +$58 (+4.5%) | $1,350 – $1,450 | 7 |
| 2BR | $1,800 | −$50 (-2.7%) | +$50 (+2.9%) | $1,800 – $2,200 | 69 |
| 3BR | $2,200 | −$100 (-4.3%) | −$800 (-26.7%) | $1,850 – $2,500 | 53 |
| 4BR | $2,100 | $0 (0.0%) | +$200 (+10.5%) | $2,100 – $2,200 | 13 |
Median, P25, and P75 are asking rents from listings posted in March 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — March 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,569 | −$69 (-4.4%) |
| 1BR | $1,350 | $1,650 | −$300 (-18.2%) |
| 2BR | $1,800 | $2,025 | −$225 (-11.1%) |
| 3BR | $2,200 | $2,500 | −$300 (-12.0%) |
| 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 March 2016.