Monthly Rent Report
Coney Island Rent Report — August 2022
Asking rents in ZIP 11224, New York City, from 47 listings.
Median 1BR rent in Coney Island was $2,300 in August 2022, down 3.7% (−$88) from July 2022 and up 15.0% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,464. That puts Coney Island $50 below the New York City citywide 1BR median of $2,350. The month's figures are based on 47 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,414 | +$209 (+9.5%) | +$755 (+45.5%) | $2,414 – $2,414 | 1 |
| Studio | $2,288 | +$82 (+3.7%) | +$628 (+37.8%) | $2,077 – $2,481 | 4 |
| 1BR | $2,300 | −$88 (-3.7%) | +$300 (+15.0%) | $2,200 – $2,464 | 16 |
| 1BR | $2,882 | +$494 (+20.7%) | +$882 (+44.1%) | $2,725 – $3,038 | 2 |
| 2BR | $2,800 | −$1,300 (-31.7%) | −$324 (-10.4%) | $2,500 – $2,800 | 5 |
| 2BR | $3,000 | −$1,100 (-26.8%) | −$124 (-4.0%) | $3,000 – $3,000 | 1 |
| 3BR | $3,175 | −$822 (-20.6%) | −$796 (-20.0%) | $2,550 – $3,971 | 14 |
| 3BR | $3,948 | −$50 (-1.3%) | −$23 (-0.6%) | $3,563 – $3,995 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — August 2022
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,414 | $2,300 | +$114 (+5.0%) |
| Studio | $2,288 | $2,300 | −$12 (-0.5%) |
| 1BR | $2,300 | $2,350 | −$50 (-2.1%) |
| 1BR | $2,882 | $2,350 | +$532 (+22.6%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 2BR | $3,000 | $2,800 | +$200 (+7.1%) |
| 3BR | $3,175 | $3,350 | −$175 (-5.2%) |
| 3BR | $3,948 | $3,350 | +$598 (+17.8%) |
Citywide figure is the median of zip-level medians across 168 New York City zip codes with listings in August 2022.