Monthly Rent Report

Coney Island Rent Report — January 2023

Asking rents in ZIP 11224, New York City, from 62 listings.

Median 1BR rent in Coney Island was $2,381 in January 2023, up 3.5% (+$81) from December 2022 and up 26.2% year-over-year. The middle half of 1BR listings asked between $2,381 and $2,381. That puts Coney Island $92 above the New York City citywide 1BR median of $2,289. The month's figures are based on 62 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. December 2022Vs. January 2022P25–P75 RangeListings
Studio$1,858−$193 (-9.4%)+$102 (+5.8%)$1,823 – $2,1846
Studio$1,858−$193 (-9.4%)+$102 (+5.8%)$1,823 – $2,1846
1BR$2,381+$81 (+3.5%)+$495 (+26.2%)$2,381 – $2,3811
1BR$2,267−$33 (-1.4%)+$381 (+20.2%)$2,088 – $2,30014
2BR$2,846+$196 (+7.4%)−$187 (-6.2%)$2,299 – $3,97515
2BR$3,735+$1,085 (+40.9%)+$702 (+23.1%)$3,735 – $3,7351
3BR$3,625−$375 (-9.4%)−$796 (-18.0%)$3,288 – $3,9632
3BR$3,000−$1,000 (-25.0%)−$1,421 (-32.1%)$2,950 – $4,3009
4BR$2,800−$399 (-12.5%)$2,800 – $3,8507
4BR$2,800−$399 (-12.5%)$2,800 – $2,8001

Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.

Coney Island vs. New York CityJanuary 2023

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,858$2,197−$339 (-15.4%)
Studio$1,858$2,197−$339 (-15.4%)
1BR$2,381$2,289+$92 (+4.0%)
1BR$2,267$2,289−$22 (-1.0%)
2BR$2,846$2,700+$146 (+5.4%)
2BR$3,735$2,700+$1,035 (+38.3%)
3BR$3,625$3,200+$425 (+13.3%)
3BR$3,000$3,200−$200 (-6.3%)
4BR$2,800$3,861−$1,061 (-27.5%)
4BR$2,800$3,861−$1,061 (-27.5%)

Citywide figure is the median of zip-level medians across 173 New York City zip codes with listings in January 2023.

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