Monthly Rent Report
Coney Island Rent Report — June 2023
Asking rents in ZIP 11224, New York City, from 60 listings.
Median 1BR rent in Coney Island was $2,325 in June 2023, down 3.1% (−$75) from May 2023 and down 3.1% year-over-year. The middle half of 1BR listings asked between $2,138 and $2,400. That puts Coney Island $163 below the New York City citywide 1BR median of $2,488. The month's figures are based on 60 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,552 | −$73 (-2.8%) | +$684 (+36.6%) | $2,180 – $2,625 | 12 |
| Studio | $2,250 | −$375 (-14.3%) | +$383 (+20.5%) | $1,600 – $2,625 | 5 |
| 1BR | $2,325 | −$75 (-3.1%) | −$75 (-3.1%) | $2,138 – $2,400 | 4 |
| 1BR | $2,400 | $0 (0.0%) | $0 (0.0%) | $2,325 – $2,400 | 10 |
| 2BR | $2,650 | −$834 (-23.9%) | −$706 (-21.0%) | $2,500 – $3,000 | 17 |
| 2BR | $3,514 | +$30 (+0.9%) | +$158 (+4.7%) | $3,514 – $3,514 | 1 |
| 3BR | $2,900 | $0 (0.0%) | +$550 (+23.4%) | $2,750 – $3,084 | 5 |
| 3BR | $2,825 | −$75 (-2.6%) | +$475 (+20.2%) | $2,788 – $2,863 | 2 |
| 4BR | $3,500 | +$700 (+25.0%) | — | $3,500 – $3,500 | 2 |
| 4BR | $3,150 | +$350 (+12.5%) | — | $2,975 – $3,325 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — June 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,552 | $2,500 | +$52 (+2.1%) |
| Studio | $2,250 | $2,500 | −$250 (-10.0%) |
| 1BR | $2,325 | $2,488 | −$162 (-6.5%) |
| 1BR | $2,400 | $2,488 | −$87 (-3.5%) |
| 2BR | $2,650 | $2,828 | −$178 (-6.3%) |
| 2BR | $3,514 | $2,828 | +$686 (+24.2%) |
| 3BR | $2,900 | $3,300 | −$400 (-12.1%) |
| 3BR | $2,825 | $3,300 | −$475 (-14.4%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $3,150 | $4,200 | −$1,050 (-25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in June 2023.