Monthly Rent Report
Arverne Rent Report — May 2016
Asking rents in ZIP 11692, New York City, from 107 listings.
Median 1BR rent in Arverne was $1,400 in May 2016, flat versus April 2016 and up 8.0% year-over-year. The middle half of 1BR listings asked between $1,400 and $1,500. That puts Arverne $300 below the New York City citywide 1BR median of $1,700. The month's figures are based on 107 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2016 | Vs. May 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,400 | $0 (0.0%) | +$104 (+8.0%) | $1,400 – $1,500 | 9 |
| 2BR | $1,900 | +$100 (+5.6%) | +$50 (+2.7%) | $1,800 – $2,100 | 49 |
| 3BR | $2,300 | +$250 (+12.2%) | +$400 (+21.1%) | $2,200 – $2,600 | 41 |
| 4BR | $2,100 | $0 (0.0%) | — | $2,100 – $2,100 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — May 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,400 | $1,700 | −$299 (-17.6%) |
| 2BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 4BR | $2,100 | $3,325 | −$1,225 (-36.8%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in May 2016.