Monthly Rent Report

Coney Island Rent Report — July 2020

Asking rents in ZIP 11224, New York City, from 107 listings.

Median 1BR rent in Coney Island was $1,800 in July 2020, down 14.3% (−$300) from June 2020. The middle half of 1BR listings asked between $1,700 and $2,000. That puts Coney Island $25 below the New York City citywide 1BR median of $1,825. The month's figures are based on 107 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,844+$44 (+2.4%)$1,844 – $1,8452
Studio$1,844+$44 (+2.4%)$1,844 – $1,8452
1BR$1,800−$300 (-14.3%)$1,700 – $2,00019
1BR$1,650−$450 (-21.4%)$1,650 – $1,6501
2BR$2,350+$13 (+0.5%)$2,188 – $2,60052
2BR$2,300−$37 (-1.6%)$2,000 – $2,3505
3BR$3,000+$450 (+17.6%)$2,624 – $3,20010
3BR$3,000+$450 (+17.6%)$2,624 – $3,20010
4BR$2,900+$300 (+11.5%)$2,507 – $2,9005
4BR$2,507−$93 (-3.6%)$2,507 – $2,5071

Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.

Coney Island vs. New York CityJuly 2020

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,844$1,700+$145 (+8.5%)
Studio$1,844$1,700+$145 (+8.5%)
1BR$1,800$1,825−$25 (-1.4%)
1BR$1,650$1,825−$175 (-9.6%)
2BR$2,350$2,290+$60 (+2.6%)
2BR$2,300$2,290+$10 (+0.4%)
3BR$3,000$2,600+$400 (+15.4%)
3BR$3,000$2,600+$400 (+15.4%)
4BR$2,900$3,285−$385 (-11.7%)
4BR$2,507$3,285−$778 (-23.7%)

Citywide figure is the median of zip-level medians across 161 New York City zip codes with listings in July 2020.

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