Monthly Rent Report
Arverne Rent Report — April 2016
Asking rents in ZIP 11692, New York City, from 122 listings.
Median 1BR rent in Arverne was $1,400 in April 2016, up 3.7% (+$50) from March 2016 and up 8.4% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,500. That puts Arverne $275 below the New York City citywide 1BR median of $1,675. The month's figures are based on 122 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2016 | Vs. April 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,400 | +$50 (+3.7%) | +$108 (+8.4%) | $1,400 – $1,500 | 9 |
| 2BR | $1,800 | $0 (0.0%) | +$100 (+5.9%) | $1,658 – $2,100 | 56 |
| 3BR | $2,050 | −$150 (-6.8%) | +$50 (+2.5%) | $1,850 – $2,300 | 40 |
| 4BR | $2,100 | $0 (0.0%) | — | $2,100 – $2,100 | 9 |
Median, P25, and P75 are asking rents from listings posted in April 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — April 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,400 | $1,675 | −$275 (-16.4%) |
| 2BR | $1,800 | $2,100 | −$300 (-14.3%) |
| 3BR | $2,050 | $2,500 | −$450 (-18.0%) |
| 4BR | $2,100 | $3,299 | −$1,199 (-36.3%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in April 2016.