Monthly Rent Report

Coney Island Rent Report — November 2020

Asking rents in ZIP 11224, New York City, from 8 listings.

Median 1BR rent in Coney Island was $2,235 in November 2020, up 15.8% (+$305) from October 2020 and up 27.7% year-over-year. The middle half of 1BR listings asked between $2,235 and $2,235. That puts Coney Island $435 above the New York City citywide 1BR median of $1,800. The month's figures are based on 8 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2020Vs. November 2019P25–P75 RangeListings
Studio$1,634+$137 (+9.2%)+$35 (+2.2%)$1,634 – $1,6341
1BR$2,235+$305 (+15.8%)+$485 (+27.7%)$2,235 – $2,2351
2BR$1,500−$1,100 (-42.3%)−$650 (-30.2%)$1,500 – $1,5002
2BR$1,500−$1,100 (-42.3%)−$650 (-30.2%)$1,500 – $1,5003
3BR$4,243+$1,093 (+34.7%)+$1,443 (+51.5%)$4,243 – $4,2431

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

Coney Island vs. New York CityNovember 2020

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,634$1,725−$90 (-5.2%)
1BR$2,235$1,800+$435 (+24.2%)
2BR$1,500$2,200−$700 (-31.8%)
2BR$1,500$2,200−$700 (-31.8%)
3BR$4,243$2,650+$1,593 (+60.1%)

Citywide figure is the median of zip-level medians across 167 New York City zip codes with listings in November 2020.

Advertisement