Monthly Rent Report
Arverne Rent Report — March 2024
Asking rents in ZIP 11692, New York City, from 38 listings.
Median 1BR rent in Arverne was $2,725 in March 2024 and up 51.4% year-over-year. The middle half of 1BR listings asked between $2,538 and $2,913. That puts Arverne $226 above the New York City citywide 1BR median of $2,499. The month's figures are based on 38 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,725 | — | +$925 (+51.4%) | $2,538 – $2,913 | 2 |
| 1BR | $2,175 | — | +$375 (+20.8%) | $1,981 – $2,913 | 6 |
| 1BR | $1,975 | — | +$175 (+9.7%) | $1,975 – $1,975 | 4 |
| 2BR | $2,800 | −$50 (-1.8%) | +$150 (+5.7%) | $2,700 – $2,900 | 9 |
| 2BR | $3,550 | +$700 (+24.6%) | +$900 (+34.0%) | $3,225 – $3,875 | 2 |
| 2BR | $2,750 | −$100 (-3.5%) | +$100 (+3.8%) | $2,594 – $2,825 | 4 |
| 3BR | $3,400 | +$150 (+4.6%) | +$600 (+21.4%) | $3,300 – $3,400 | 5 |
| 3BR | $3,350 | +$100 (+3.1%) | +$550 (+19.6%) | $3,138 – $3,400 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Arverne vs. New York City — March 2024
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,725 | $2,499 | +$226 (+9.0%) |
| 1BR | $2,175 | $2,499 | −$324 (-13.0%) |
| 1BR | $1,975 | $2,499 | −$524 (-21.0%) |
| 2BR | $2,800 | $2,995 | −$194 (-6.5%) |
| 2BR | $3,550 | $2,995 | +$556 (+18.6%) |
| 2BR | $2,750 | $2,995 | −$244 (-8.2%) |
| 3BR | $3,400 | $3,500 | −$100 (-2.9%) |
| 3BR | $3,350 | $3,500 | −$150 (-4.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.