Monthly Rent Report
Coney Island Rent Report — October 2020
Asking rents in ZIP 11224, New York City, from 26 listings.
Median 1BR rent in Coney Island was $1,775 in October 2020, down 9.4% (−$185) from September 2020 and up 4.4% year-over-year. The middle half of 1BR listings asked between $1,775 and $1,775. That puts Coney Island $125 below the New York City citywide 1BR median of $1,900. The month's figures are based on 26 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. October 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,497 | −$229 (-13.3%) | — | $1,497 – $1,599 | 3 |
| 1BR | $1,775 | −$185 (-9.4%) | +$75 (+4.4%) | $1,775 – $1,775 | 1 |
| 1BR | $1,930 | −$30 (-1.5%) | +$230 (+13.5%) | $1,806 – $1,960 | 6 |
| 2BR | $2,600 | +$150 (+6.1%) | +$500 (+23.8%) | $2,438 – $2,837 | 7 |
| 3BR | $3,150 | +$350 (+12.5%) | +$1,100 (+53.7%) | $3,013 – $3,425 | 8 |
| 4BR | $3,000 | +$100 (+3.4%) | +$100 (+3.4%) | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — October 2020
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,497 | $1,795 | −$297 (-16.6%) |
| 1BR | $1,775 | $1,900 | −$125 (-6.6%) |
| 1BR | $1,930 | $1,900 | +$30 (+1.6%) |
| 2BR | $2,600 | $2,250 | +$350 (+15.6%) |
| 3BR | $3,150 | $2,650 | +$500 (+18.9%) |
| 4BR | $3,000 | $3,057 | −$57 (-1.9%) |
Citywide figure is the median of zip-level medians across 165 New York City zip codes with listings in October 2020.