Monthly Rent Report
Arverne Rent Report — May 2023
Asking rents in ZIP 11692, New York City, from 23 listings.
Median 3BR rent in Arverne was $3,084 in May 2023, down 0.0% ($0) from April 2023 and up 10.1% year-over-year. The middle half of 3BR listings asked between $3,000 and $3,300. That puts Arverne $141 below the New York City citywide 3BR median of $3,225. The month's figures are based on 23 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,300 | −$200 (-8.0%) | $0 (0.0%) | $2,300 – $2,300 | 1 |
| 2BR | $2,275 | −$225 (-9.0%) | −$25 (-1.1%) | $2,275 – $2,275 | 2 |
| 2BR | $2,300 | −$200 (-8.0%) | $0 (0.0%) | $2,300 – $2,300 | 2 |
| 3BR | $3,084 | $0 (-0.0%) | +$284 (+10.1%) | $3,000 – $3,300 | 11 |
| 3BR | $3,300 | +$216 (+7.0%) | +$500 (+17.9%) | $3,300 – $3,300 | 1 |
| 3BR | $3,000 | −$84 (-2.7%) | +$200 (+7.1%) | $2,775 – $3,150 | 3 |
| 4BR | $3,446 | — | — | $3,446 – $3,446 | 2 |
| 4BR | $3,446 | — | — | $3,446 – $3,446 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Arverne vs. New York City — May 2023
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,275 | $2,800 | −$525 (-18.8%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $3,084 | $3,225 | −$141 (-4.4%) |
| 3BR | $3,300 | $3,225 | +$75 (+2.3%) |
| 3BR | $3,000 | $3,225 | −$225 (-7.0%) |
| 4BR | $3,446 | $4,000 | −$554 (-13.9%) |
| 4BR | $3,446 | $4,000 | −$554 (-13.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in May 2023.