Monthly Rent Report
Arverne Rent Report — August 2024
Asking rents in ZIP 11692, New York City, from 17 listings.
Median 1BR rent in Arverne was $2,696 in August 2024, flat versus July 2024 and up 22.5% year-over-year. The middle half of 1BR listings asked between $2,696 and $2,696. That puts Arverne $306 above the New York City citywide 1BR median of $2,390. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | — | — | $1,650 – $1,650 | 1 |
| 1BR | $2,696 | $0 (0.0%) | +$496 (+22.5%) | $2,696 – $2,696 | 2 |
| 2BR | $2,550 | +$550 (+27.5%) | +$50 (+2.0%) | $2,513 – $2,600 | 10 |
| 3BR | $3,606 | +$556 (+18.2%) | +$564 (+18.5%) | $3,606 – $3,606 | 1 |
| 3BR | $3,800 | +$750 (+24.6%) | +$758 (+24.9%) | $3,800 – $3,800 | 1 |
| 4BR | $3,449 | −$251 (-6.8%) | — | $3,424 – $3,474 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Arverne vs. New York City — August 2024
| Bedrooms | Arverne Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $2,500 | −$850 (-34.0%) |
| 1BR | $2,696 | $2,390 | +$306 (+12.8%) |
| 2BR | $2,550 | $2,900 | −$350 (-12.1%) |
| 3BR | $3,606 | $3,603 | +$3 (+0.1%) |
| 3BR | $3,800 | $3,603 | +$197 (+5.5%) |
| 4BR | $3,449 | $4,225 | −$776 (-18.4%) |
Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in August 2024.