Monthly Rent Report

Coney Island Rent Report — August 2020

Asking rents in ZIP 11224, New York City, from 112 listings.

Median 1BR rent in Coney Island was $1,799 in August 2020, up 9.0% (+$149) from July 2020. The middle half of 1BR listings asked between $1,600 and $2,330. That puts Coney Island $86 below the New York City citywide 1BR median of $1,885. The month's figures are based on 112 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,823−$21 (-1.1%)$1,823 – $1,8343
Studio$1,833−$11 (-0.6%)$1,823 – $1,8444
1BR$1,799+$149 (+9.0%)$1,600 – $2,3309
1BR$1,800+$150 (+9.1%)$1,650 – $2,33010
2BR$2,450+$100 (+4.3%)$2,300 – $2,60024
2BR$2,425+$75 (+3.2%)$2,288 – $2,60028
3BR$3,200+$200 (+6.7%)$2,750 – $3,20015
3BR$3,200+$200 (+6.7%)$2,925 – $3,20010
4BR$2,950+$50 (+1.7%)$2,900 – $3,0004
4BR$2,900$0 (0.0%)$2,900 – $3,0005

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

Coney Island vs. New York CityAugust 2020

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,823$1,750+$73 (+4.2%)
Studio$1,833$1,750+$83 (+4.7%)
1BR$1,799$1,885−$85 (-4.5%)
1BR$1,800$1,885−$85 (-4.5%)
2BR$2,450$2,250+$200 (+8.9%)
2BR$2,425$2,250+$175 (+7.8%)
3BR$3,200$2,606+$594 (+22.8%)
3BR$3,200$2,606+$594 (+22.8%)
4BR$2,950$3,344−$393 (-11.8%)
4BR$2,900$3,344−$443 (-13.3%)

Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in August 2020.

Advertisement