Monthly Rent Report
Arverne Rent Report — June 2024
Asking rents in ZIP 11692, New York City, from 82 listings.
Median 1BR rent in Arverne was $1,700 in June 2024, down 43.3% (−$1,300) from May 2024 and down 17.1% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,800. That puts Arverne $750 below the New York City citywide 1BR median of $2,450. The month's figures are based on 82 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | −$1,300 (-43.3%) | −$350 (-17.1%) | $1,700 – $1,800 | 5 |
| 1BR | $1,700 | −$1,300 (-43.3%) | −$350 (-17.1%) | $1,700 – $1,750 | 3 |
| 1BR | $2,113 | −$887 (-29.6%) | +$63 (+3.0%) | $1,906 – $2,250 | 4 |
| 2BR | $2,800 | +$5 (+0.2%) | +$500 (+21.7%) | $2,800 – $2,800 | 1 |
| 2BR | $2,650 | −$145 (-5.2%) | +$350 (+15.2%) | $2,600 – $2,938 | 10 |
| 2BR | $2,795 | $0 (0.0%) | +$495 (+21.5%) | $2,795 – $2,800 | 5 |
| 3BR | $3,606 | +$806 (+28.8%) | +$306 (+9.3%) | $3,300 – $3,653 | 11 |
| 3BR | $3,425 | +$625 (+22.3%) | +$125 (+3.8%) | $3,075 – $3,677 | 18 |
| 3BR | $3,000 | +$200 (+7.1%) | −$300 (-9.1%) | $3,000 – $3,500 | 13 |
| 4BR | $4,400 | −$400 (-8.3%) | — | $3,950 – $4,800 | 4 |
| 4BR | $4,800 | $0 (0.0%) | — | $4,800 – $4,800 | 5 |
| 4BR | $4,800 | $0 (0.0%) | — | $4,800 – $4,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Arverne vs. New York City — June 2024
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $2,450 | −$750 (-30.6%) |
| 1BR | $1,700 | $2,450 | −$750 (-30.6%) |
| 1BR | $2,113 | $2,450 | −$337 (-13.8%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 2BR | $2,650 | $2,900 | −$250 (-8.6%) |
| 2BR | $2,795 | $2,900 | −$105 (-3.6%) |
| 3BR | $3,606 | $3,600 | +$6 (+0.2%) |
| 3BR | $3,425 | $3,600 | −$175 (-4.9%) |
| 3BR | $3,000 | $3,600 | −$600 (-16.7%) |
| 4BR | $4,400 | $4,256 | +$144 (+3.4%) |
| 4BR | $4,800 | $4,256 | +$544 (+12.8%) |
| 4BR | $4,800 | $4,256 | +$544 (+12.8%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in June 2024.