Monthly Rent Report

Coney Island Rent Report — October 2022

Asking rents in ZIP 11224, New York City, from 22 listings.

Median 1BR rent in Coney Island was $1,500 in October 2022, down 31.8% (−$700) from September 2022 and down 28.4% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Coney Island $755 below the New York City citywide 1BR median of $2,255. The month's figures are based on 22 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
Studio$1,725−$103 (-5.6%)+$4 (+0.2%)$1,725 – $1,7251
Studio$2,415+$587 (+32.1%)+$694 (+40.3%)$2,415 – $2,4151
1BR$1,500−$700 (-31.8%)−$596 (-28.4%)$1,500 – $1,5002
1BR$2,200$0 (0.0%)+$104 (+5.0%)$2,200 – $2,2001
2BR$3,590+$425 (+13.4%)+$375 (+11.6%)$2,933 – $3,9256
2BR$4,401+$1,236 (+39.1%)+$1,186 (+36.9%)$4,401 – $4,4011
3BR$3,700−$100 (-2.6%)+$1,300 (+54.2%)$3,625 – $4,1946
3BR$5,810+$2,010 (+52.9%)+$3,410 (+142.1%)$5,810 – $5,8102
4BR$2,942$2,942 – $2,9421
4BR$2,942$2,942 – $2,9421

Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.

Coney Island vs. New York CityOctober 2022

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,725$2,283−$557 (-24.4%)
Studio$2,415$2,283+$133 (+5.8%)
1BR$1,500$2,255−$755 (-33.5%)
1BR$2,200$2,255−$55 (-2.4%)
2BR$3,590$2,700+$890 (+33.0%)
2BR$4,401$2,700+$1,701 (+63.0%)
3BR$3,700$3,200+$500 (+15.6%)
3BR$5,810$3,200+$2,610 (+81.6%)
4BR$2,942$3,999−$1,057 (-26.4%)
4BR$2,942$3,999−$1,057 (-26.4%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in October 2022.

Advertisement