Monthly Rent Report
Coney Island Rent Report — May 2020
Asking rents in ZIP 11224, New York City, from 79 listings.
Median 1BR rent in Coney Island was $2,569 in May 2020, up 10.0% (+$235) from April 2020. The middle half of 1BR listings asked between $2,200 and $2,569. That puts Coney Island $694 above the New York City citywide 1BR median of $1,875. The month's figures are based on 79 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,815 | +$15 (+0.8%) | — | $1,815 – $1,815 | 6 |
| Studio | $1,815 | +$15 (+0.8%) | — | $1,811 – $1,815 | 4 |
| 1BR | $2,569 | +$235 (+10.0%) | — | $2,200 – $2,569 | 9 |
| 1BR | $2,200 | −$134 (-5.8%) | — | $2,150 – $2,569 | 7 |
| 2BR | $2,400 | +$400 (+20.0%) | — | $2,281 – $3,328 | 20 |
| 2BR | $2,400 | +$400 (+20.0%) | — | $2,300 – $3,410 | 23 |
| 3BR | $2,700 | — | — | $2,150 – $3,313 | 4 |
| 3BR | $2,700 | — | — | $2,150 – $3,313 | 4 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
| 4BR | $2,600 | — | — | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2020. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — May 2020
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,815 | $1,775 | +$40 (+2.3%) |
| Studio | $1,815 | $1,775 | +$40 (+2.3%) |
| 1BR | $2,569 | $1,875 | +$694 (+37.0%) |
| 1BR | $2,200 | $1,875 | +$325 (+17.3%) |
| 2BR | $2,400 | $2,231 | +$169 (+7.6%) |
| 2BR | $2,400 | $2,231 | +$169 (+7.6%) |
| 3BR | $2,700 | $2,526 | +$174 (+6.9%) |
| 3BR | $2,700 | $2,526 | +$174 (+6.9%) |
| 4BR | $2,600 | $3,013 | −$412 (-13.7%) |
| 4BR | $2,600 | $3,013 | −$412 (-13.7%) |
Citywide figure is the median of zip-level medians across 163 New York City zip codes with listings in May 2020.