Monthly Rent Report
Arverne Rent Report — May 2024
Asking rents in ZIP 11692, New York City, from 45 listings.
Median 1BR rent in Arverne was $3,000 in May 2024, down 3.2% (−$100) from April 2024. The middle half of 1BR listings asked between $3,000 and $3,000. That puts Arverne $575 above the New York City citywide 1BR median of $2,425. The month's figures are based on 45 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,700 | — | — | $2,700 – $2,700 | 1 |
| Studio | $2,700 | — | — | $2,700 – $2,700 | 1 |
| 1BR | $3,000 | −$100 (-3.2%) | — | $3,000 – $3,000 | 1 |
| 1BR | $2,488 | −$612 (-19.8%) | — | $2,231 – $2,744 | 2 |
| 1BR | $1,975 | −$1,125 (-36.3%) | — | $1,975 – $1,975 | 1 |
| 2BR | $2,600 | −$1,600 (-38.1%) | +$300 (+13.0%) | $2,600 – $3,000 | 5 |
| 2BR | $2,795 | −$1,405 (-33.5%) | +$495 (+21.5%) | $2,795 – $2,795 | 1 |
| 2BR | $2,698 | −$1,502 (-35.8%) | +$398 (+17.3%) | $2,600 – $2,949 | 6 |
| 3BR | $3,000 | −$400 (-11.8%) | −$84 (-2.7%) | $3,000 – $3,000 | 5 |
| 3BR | $2,800 | −$600 (-17.6%) | −$284 (-9.2%) | $2,800 – $3,606 | 13 |
| 3BR | $3,700 | +$300 (+8.8%) | +$616 (+20.0%) | $3,700 – $3,700 | 1 |
| 4BR | $4,435 | −$365 (-7.6%) | +$989 (+28.7%) | $4,053 – $4,800 | 4 |
| 4BR | $4,070 | −$730 (-15.2%) | +$624 (+18.1%) | $4,035 – $4,435 | 3 |
| 4BR | $4,800 | $0 (0.0%) | +$1,354 (+39.3%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Arverne vs. New York City — May 2024
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,700 | $2,350 | +$350 (+14.9%) |
| Studio | $2,700 | $2,350 | +$350 (+14.9%) |
| 1BR | $3,000 | $2,425 | +$575 (+23.7%) |
| 1BR | $2,488 | $2,425 | +$63 (+2.6%) |
| 1BR | $1,975 | $2,425 | −$450 (-18.6%) |
| 2BR | $2,600 | $2,914 | −$313 (-10.8%) |
| 2BR | $2,795 | $2,914 | −$118 (-4.1%) |
| 2BR | $2,698 | $2,914 | −$216 (-7.4%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 3BR | $2,800 | $3,600 | −$800 (-22.2%) |
| 3BR | $3,700 | $3,600 | +$100 (+2.8%) |
| 4BR | $4,435 | $4,250 | +$185 (+4.4%) |
| 4BR | $4,070 | $4,250 | −$180 (-4.2%) |
| 4BR | $4,800 | $4,250 | +$550 (+12.9%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.