Monthly Rent Report
Coney Island Rent Report — February 2023
Asking rents in ZIP 11224, New York City, from 74 listings.
Median 1BR rent in Coney Island was $2,381 in February 2023, flat versus January 2023 and up 13.6% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,456. That puts Coney Island $182 above the New York City citywide 1BR median of $2,200. The month's figures are based on 74 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,414 | +$556 (+29.9%) | +$764 (+46.3%) | $2,414 – $2,414 | 1 |
| Studio | $2,292 | +$434 (+23.4%) | +$642 (+38.9%) | $1,792 – $2,469 | 11 |
| 1BR | $2,381 | $0 (0.0%) | +$285 (+13.6%) | $2,150 – $2,456 | 11 |
| 1BR | $3,172 | +$791 (+33.2%) | +$1,076 (+51.3%) | $3,161 – $3,183 | 2 |
| 2BR | $4,214 | +$1,368 (+48.0%) | +$276 (+7.0%) | $4,101 – $4,326 | 2 |
| 2BR | $2,650 | −$196 (-6.9%) | −$1,287 (-32.7%) | $2,450 – $2,900 | 27 |
| 3BR | $3,971 | +$346 (+9.5%) | −$450 (-10.2%) | $3,971 – $3,971 | 1 |
| 3BR | $2,700 | −$925 (-25.5%) | −$1,721 (-38.9%) | $2,700 – $3,200 | 11 |
| 4BR | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 2 |
| 4BR | $2,800 | $0 (0.0%) | — | $2,800 – $2,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — February 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,414 | $2,260 | +$154 (+6.8%) |
| Studio | $2,292 | $2,260 | +$32 (+1.4%) |
| 1BR | $2,381 | $2,200 | +$182 (+8.3%) |
| 1BR | $3,172 | $2,200 | +$973 (+44.2%) |
| 2BR | $4,214 | $2,695 | +$1,519 (+56.3%) |
| 2BR | $2,650 | $2,695 | −$45 (-1.7%) |
| 3BR | $3,971 | $3,200 | +$771 (+24.1%) |
| 3BR | $2,700 | $3,200 | −$500 (-15.6%) |
| 4BR | $2,800 | $3,800 | −$1,000 (-26.3%) |
| 4BR | $2,800 | $3,800 | −$1,000 (-26.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in February 2023.