Monthly Rent Report
Arverne Rent Report — July 2023
Asking rents in ZIP 11692, New York City, from 19 listings.
Median 1BR rent in Arverne was $2,100 in July 2023, down 7.7% (−$175) from June 2023 and up 7.7% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,100. That puts Arverne $350 below the New York City citywide 1BR median of $2,450. The month's figures are based on 19 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | −$175 (-7.7%) | +$150 (+7.7%) | $2,100 – $2,100 | 1 |
| 1BR | $2,100 | −$175 (-7.7%) | +$150 (+7.7%) | $2,100 – $2,100 | 3 |
| 1BR | $2,275 | $0 (0.0%) | +$325 (+16.7%) | $2,275 – $2,275 | 2 |
| 2BR | $2,300 | $0 (0.0%) | −$100 (-4.2%) | $2,300 – $2,300 | 2 |
| 2BR | $2,300 | $0 (0.0%) | −$100 (-4.2%) | $2,300 – $2,300 | 1 |
| 2BR | $2,300 | $0 (0.0%) | −$100 (-4.2%) | $2,300 – $2,350 | 4 |
| 3BR | $3,100 | −$200 (-6.1%) | +$94 (+3.1%) | $3,084 – $3,385 | 5 |
| 3BR | $3,100 | −$200 (-6.1%) | +$94 (+3.1%) | $3,100 – $3,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Arverne vs. New York City — July 2023
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 1BR | $2,100 | $2,450 | −$350 (-14.3%) |
| 1BR | $2,275 | $2,450 | −$175 (-7.1%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 2BR | $2,300 | $2,800 | −$500 (-17.9%) |
| 3BR | $3,100 | $3,400 | −$300 (-8.8%) |
| 3BR | $3,100 | $3,400 | −$300 (-8.8%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.