Monthly Rent Report
Arverne Rent Report — July 2016
Asking rents in ZIP 11692, New York City, from 49 listings.
Median 1BR rent in Arverne was $1,700 in July 2016, flat versus June 2016 and up 31.6% year-over-year. The middle half of 1BR listings asked between $1,325 and $2,000. That puts Arverne in line with the New York City citywide 1BR median of $1,700. The month's figures are based on 49 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2016 | Vs. July 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | $0 (0.0%) | +$408 (+31.6%) | $1,325 – $2,000 | 5 |
| 2BR | $2,000 | −$50 (-2.4%) | +$300 (+17.6%) | $1,900 – $2,213 | 10 |
| 3BR | $2,400 | +$100 (+4.3%) | +$475 (+24.7%) | $2,300 – $2,725 | 28 |
| 4BR | $2,100 | $0 (0.0%) | $0 (0.0%) | $2,100 – $2,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — July 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $1,700 | $0 (0.0%) |
| 2BR | $2,000 | $2,100 | −$100 (-4.8%) |
| 3BR | $2,400 | $2,500 | −$100 (-4.0%) |
| 4BR | $2,100 | $3,325 | −$1,225 (-36.8%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in July 2016.