Monthly Rent Report

Coney Island Rent Report — February 2021

Asking rents in ZIP 11224, New York City, from 55 listings.

Median 1BR rent in Coney Island was $2,000 in February 2021, down 9.6% (−$213) from January 2021 and down 4.8% year-over-year. The middle half of 1BR listings asked between $1,731 and $2,119. That puts Coney Island $208 above the New York City citywide 1BR median of $1,792. The month's figures are based on 55 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2021Vs. February 2020P25–P75 RangeListings
Studio$1,697+$47 (+2.8%)−$110 (-6.1%)$1,681 – $1,8798
Studio$1,706+$56 (+3.4%)−$101 (-5.6%)$1,684 – $1,8787
1BR$2,000−$213 (-9.6%)−$100 (-4.8%)$1,731 – $2,11914
1BR$2,091−$122 (-5.5%)−$9 (-0.5%)$2,039 – $2,1494
2BR$2,700−$373 (-12.1%)+$200 (+8.0%)$2,150 – $2,92011
2BR$3,188+$115 (+3.7%)+$688 (+27.5%)$3,188 – $3,1923
3BR$3,563+$1,563 (+78.1%)+$1,363 (+61.9%)$3,506 – $3,6192
3BR$3,425+$1,425 (+71.3%)+$1,225 (+55.7%)$3,400 – $3,6196

Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.

Coney Island vs. New York CityFebruary 2021

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,697$1,650+$48 (+2.9%)
Studio$1,706$1,650+$57 (+3.4%)
1BR$2,000$1,792+$208 (+11.6%)
1BR$2,091$1,792+$299 (+16.7%)
2BR$2,700$2,150+$550 (+25.6%)
2BR$3,188$2,150+$1,038 (+48.3%)
3BR$3,563$2,500+$1,063 (+42.5%)
3BR$3,425$2,500+$925 (+37.0%)

Citywide figure is the median of zip-level medians across 164 New York City zip codes with listings in February 2021.

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