Monthly Rent Report
Arverne Rent Report — June 2016
Asking rents in ZIP 11692, New York City, from 98 listings.
Median 1BR rent in Arverne was $1,700 in June 2016, up 21.4% (+$300) from May 2016 and up 31.2% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,850. That puts Arverne in line with the New York City citywide 1BR median of $1,685. The month's figures are based on 98 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2016 | Vs. June 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | — | +$50 (+5.3%) | $1,000 – $1,000 | 1 |
| 1BR | $1,700 | +$300 (+21.4%) | +$404 (+31.2%) | $1,450 – $1,850 | 7 |
| 2BR | $2,050 | +$150 (+7.9%) | +$200 (+10.8%) | $1,900 – $2,100 | 30 |
| 3BR | $2,300 | $0 (0.0%) | +$400 (+21.1%) | $2,300 – $2,600 | 50 |
| 4BR | $2,100 | $0 (0.0%) | — | $2,100 – $2,100 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — June 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,575 | −$575 (-36.5%) |
| 1BR | $1,700 | $1,685 | +$15 (+0.9%) |
| 2BR | $2,050 | $2,100 | −$50 (-2.4%) |
| 3BR | $2,300 | $2,500 | −$200 (-8.0%) |
| 4BR | $2,100 | $3,400 | −$1,300 (-38.2%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in June 2016.