Monthly Rent Report
Arverne Rent Report — August 2016
Asking rents in ZIP 11692, New York City, from 84 listings.
Median 1BR rent in Arverne was $1,350 in August 2016, down 20.6% (−$350) from July 2016 and down 10.0% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,400. That puts Arverne $348 below the New York City citywide 1BR median of $1,698. The month's figures are based on 84 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2016 | Vs. August 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,350 | −$350 (-20.6%) | −$150 (-10.0%) | $1,350 – $1,400 | 9 |
| 2BR | $1,900 | −$100 (-5.0%) | +$50 (+2.7%) | $1,658 – $2,300 | 31 |
| 3BR | $2,350 | −$50 (-2.1%) | +$150 (+6.8%) | $2,038 – $2,613 | 36 |
| 4BR | $2,100 | $0 (0.0%) | $0 (0.0%) | $2,100 – $2,100 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — August 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,350 | $1,698 | −$347 (-20.5%) |
| 2BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 3BR | $2,350 | $2,599 | −$249 (-9.6%) |
| 4BR | $2,100 | $3,200 | −$1,100 (-34.4%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in August 2016.