Monthly Rent Report
Arverne Rent Report — October 2016
Asking rents in ZIP 11692, New York City, from 6 listings.
Median 1BR rent in Arverne was $1,350 in October 2016, flat versus September 2016 and up 35.0% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,350. That puts Arverne $350 below the New York City citywide 1BR median of $1,700. The month's figures are based on 6 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2016 | Vs. October 2015 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,350 | $0 (0.0%) | +$350 (+35.0%) | $1,350 – $1,350 | 1 |
| 2BR | $1,700 | −$50 (-2.9%) | −$100 (-5.6%) | $1,600 – $1,800 | 2 |
| 3BR | $2,250 | +$150 (+7.1%) | −$150 (-6.3%) | $2,225 – $2,275 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2016. Changes compare against the nearest prior month with data.
Arverne vs. New York City — October 2016
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,350 | $1,700 | −$350 (-20.6%) |
| 2BR | $1,700 | $2,128 | −$428 (-20.1%) |
| 3BR | $2,250 | $2,600 | −$350 (-13.5%) |
Citywide figure is the median of zip-level medians across 177 New York City zip codes with listings in October 2016.