Monthly Rent Report
Coney Island Rent Report — March 2023
Asking rents in ZIP 11224, New York City, from 85 listings.
Median 1BR rent in Coney Island was $2,594 in March 2023, up 8.9% (+$213) from February 2023 and up 1.9% year-over-year. The middle half of 1BR listings asked between $2,594 and $2,594. That puts Coney Island $295 above the New York City citywide 1BR median of $2,299. The month's figures are based on 85 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,354 | −$60 (-2.5%) | +$573 (+32.1%) | $2,119 – $2,465 | 8 |
| Studio | $2,492 | +$78 (+3.2%) | +$711 (+39.9%) | $2,485 – $2,498 | 2 |
| 1BR | $2,594 | +$213 (+8.9%) | +$48 (+1.9%) | $2,594 – $2,594 | 1 |
| 1BR | $2,397 | +$16 (+0.7%) | −$149 (-5.9%) | $1,800 – $2,920 | 10 |
| 2BR | $2,250 | −$400 (-15.1%) | −$439 (-16.3%) | $2,063 – $2,950 | 12 |
| 2BR | $2,550 | −$100 (-3.8%) | −$139 (-5.2%) | $2,100 – $2,988 | 26 |
| 3BR | $2,500 | −$1,471 (-37.0%) | −$1,696 (-40.4%) | $2,450 – $2,550 | 2 |
| 3BR | $2,600 | −$1,371 (-34.5%) | −$1,596 (-38.0%) | $2,600 – $2,700 | 9 |
| 4BR | $2,942 | +$142 (+5.1%) | — | $2,942 – $2,942 | 5 |
| 4BR | $2,942 | +$142 (+5.1%) | — | $2,836 – $2,942 | 10 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — March 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,354 | $2,200 | +$154 (+7.0%) |
| Studio | $2,492 | $2,200 | +$292 (+13.3%) |
| 1BR | $2,594 | $2,299 | +$295 (+12.8%) |
| 1BR | $2,397 | $2,299 | +$98 (+4.3%) |
| 2BR | $2,250 | $2,650 | −$400 (-15.1%) |
| 2BR | $2,550 | $2,650 | −$100 (-3.8%) |
| 3BR | $2,500 | $3,200 | −$700 (-21.9%) |
| 3BR | $2,600 | $3,200 | −$600 (-18.8%) |
| 4BR | $2,942 | $3,995 | −$1,053 (-26.4%) |
| 4BR | $2,942 | $3,995 | −$1,053 (-26.4%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.