Monthly Rent Report
Arverne Rent Report — August 2023
Asking rents in ZIP 11692, New York City, from 18 listings.
Median 1BR rent in Arverne was $2,200 in August 2023, up 4.8% (+$100) from July 2023. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Arverne $150 below the New York City citywide 1BR median of $2,350. The month's figures are based on 18 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,200 | +$100 (+4.8%) | — | $2,200 – $2,200 | 2 |
| 2BR | $2,500 | +$200 (+8.7%) | +$300 (+13.6%) | $2,500 – $2,500 | 1 |
| 2BR | $1,800 | −$500 (-21.7%) | −$400 (-18.2%) | $1,800 – $1,800 | 1 |
| 2BR | $2,500 | +$200 (+8.7%) | +$300 (+13.6%) | $2,150 – $2,500 | 3 |
| 3BR | $3,042 | −$58 (-1.9%) | −$58 (-1.9%) | $2,950 – $3,101 | 4 |
| 3BR | $2,800 | −$300 (-9.7%) | −$300 (-9.7%) | $2,800 – $3,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Arverne vs. New York City — August 2023
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,200 | $2,350 | −$150 (-6.4%) |
| 2BR | $2,500 | $2,859 | −$359 (-12.6%) |
| 2BR | $1,800 | $2,859 | −$1,059 (-37.0%) |
| 2BR | $2,500 | $2,859 | −$359 (-12.6%) |
| 3BR | $3,042 | $3,413 | −$370 (-10.9%) |
| 3BR | $2,800 | $3,413 | −$612 (-17.9%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2023.