Monthly Rent Report
Arverne Rent Report — October 2023
Asking rents in ZIP 11692, New York City, from 10 listings.
Median 1BR rent in Arverne was $1,673 in October 2023, down 16.4% (−$327) from September 2023 and down 16.4% year-over-year. The middle half of 1BR listings asked between $1,673 and $1,673. That puts Arverne $777 below the New York City citywide 1BR median of $2,450. The month's figures are based on 10 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,374 | — | — | $1,374 – $1,374 | 1 |
| 1BR | $1,673 | −$327 (-16.4%) | −$327 (-16.4%) | $1,673 – $1,673 | 1 |
| 2BR | $2,700 | +$200 (+8.0%) | — | $2,700 – $2,700 | 2 |
| 3BR | $2,181 | −$819 (-27.3%) | −$619 (-22.1%) | $2,181 – $2,181 | 1 |
| 3BR | $3,199 | +$199 (+6.6%) | +$399 (+14.2%) | $3,199 – $3,199 | 2 |
| 3BR | $3,042 | +$42 (+1.4%) | +$242 (+8.6%) | $3,021 – $3,063 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Arverne vs. New York City — October 2023
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,374 | $2,411 | −$1,036 (-43.0%) |
| 1BR | $1,673 | $2,450 | −$777 (-31.7%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 3BR | $2,181 | $3,349 | −$1,168 (-34.9%) |
| 3BR | $3,199 | $3,349 | −$150 (-4.5%) |
| 3BR | $3,042 | $3,349 | −$307 (-9.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.