Monthly Rent Report
Arverne Rent Report — July 2024
Asking rents in ZIP 11692, New York City, from 21 listings.
Median 1BR rent in Arverne was $2,696 in July 2024, up 27.6% (+$584) from June 2024 and up 28.4% year-over-year. The middle half of 1BR listings asked between $2,696 and $2,696. That puts Arverne $196 above the New York City citywide 1BR median of $2,500. The month's figures are based on 21 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,696 | +$584 (+27.6%) | +$596 (+28.4%) | $2,696 – $2,696 | 3 |
| 2BR | $2,600 | −$195 (-7.0%) | +$300 (+13.0%) | $2,575 – $2,600 | 4 |
| 2BR | $2,000 | −$795 (-28.4%) | −$300 (-13.0%) | $2,000 – $2,000 | 1 |
| 3BR | $3,050 | +$50 (+1.7%) | −$50 (-1.6%) | $2,925 – $3,175 | 2 |
| 3BR | $4,200 | +$1,200 (+40.0%) | +$1,100 (+35.5%) | $4,200 – $4,200 | 1 |
| 3BR | $3,250 | +$250 (+8.3%) | +$150 (+4.8%) | $3,000 – $3,625 | 8 |
| 4BR | $3,700 | −$1,100 (-22.9%) | — | $3,700 – $3,700 | 1 |
| 4BR | $4,800 | $0 (0.0%) | — | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Arverne vs. New York City — July 2024
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,696 | $2,500 | +$196 (+7.8%) |
| 2BR | $2,600 | $3,000 | −$400 (-13.3%) |
| 2BR | $2,000 | $3,000 | −$1,000 (-33.3%) |
| 3BR | $3,050 | $3,606 | −$556 (-15.4%) |
| 3BR | $4,200 | $3,606 | +$594 (+16.5%) |
| 3BR | $3,250 | $3,606 | −$356 (-9.9%) |
| 4BR | $3,700 | $4,500 | −$800 (-17.8%) |
| 4BR | $4,800 | $4,500 | +$300 (+6.7%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in July 2024.