Monthly Rent Report
Coney Island Rent Report — May 2021
Asking rents in ZIP 11224, New York City, from 64 listings.
Median 1BR rent in Coney Island was $1,900 in May 2021, down 9.0% (−$189) from April 2021 and down 13.6% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,050. That puts Coney Island $80 above the New York City citywide 1BR median of $1,820. The month's figures are based on 64 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | −$98 (-5.9%) | −$240 (-13.2%) | $1,575 – $1,611 | 3 |
| Studio | $1,660 | −$13 (-0.8%) | −$155 (-8.6%) | $1,655 – $1,664 | 2 |
| 1BR | $1,900 | −$189 (-9.0%) | −$300 (-13.6%) | $1,800 – $2,050 | 28 |
| 1BR | $2,119 | +$30 (+1.4%) | −$81 (-3.7%) | $2,119 – $2,119 | 1 |
| 2BR | $3,202 | +$702 (+28.1%) | +$802 (+33.4%) | $3,202 – $3,202 | 1 |
| 2BR | $2,250 | −$250 (-10.0%) | −$150 (-6.3%) | $1,800 – $2,667 | 24 |
| 3BR | $2,575 | +$375 (+17.0%) | −$125 (-4.6%) | $2,300 – $2,863 | 4 |
| 3BR | $4,046 | +$1,846 (+83.9%) | +$1,346 (+49.9%) | $4,046 – $4,046 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — May 2021
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,661 | −$86 (-5.2%) |
| Studio | $1,660 | $1,661 | −$1 (-0.1%) |
| 1BR | $1,900 | $1,820 | +$80 (+4.4%) |
| 1BR | $2,119 | $1,820 | +$299 (+16.4%) |
| 2BR | $3,202 | $2,200 | +$1,002 (+45.5%) |
| 2BR | $2,250 | $2,200 | +$50 (+2.3%) |
| 3BR | $2,575 | $2,550 | +$25 (+1.0%) |
| 3BR | $4,046 | $2,550 | +$1,496 (+58.7%) |
Citywide figure is the median of zip-level medians across 162 New York City zip codes with listings in May 2021.