Monthly Rent Report
Coney Island Rent Report — July 2023
Asking rents in ZIP 11224, New York City, from 31 listings.
Median 1BR rent in Coney Island was $2,708 in July 2023, up 16.5% (+$383) from June 2023 and up 13.4% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,708. That puts Coney Island $258 above the New York City citywide 1BR median of $2,450. The month's figures are based on 31 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,585 | +$335 (+14.9%) | +$710 (+37.9%) | $2,558 – $2,613 | 2 |
| Studio | $2,625 | +$375 (+16.7%) | +$750 (+40.0%) | $2,478 – $2,995 | 5 |
| 1BR | $2,708 | +$383 (+16.5%) | +$320 (+13.4%) | $2,400 – $2,708 | 5 |
| 1BR | $2,850 | +$525 (+22.6%) | +$462 (+19.3%) | $2,845 – $3,020 | 5 |
| 2BR | $1,800 | −$850 (-32.1%) | −$2,300 (-56.1%) | $1,800 – $1,800 | 1 |
| 2BR | $3,125 | +$475 (+17.9%) | −$975 (-23.8%) | $2,969 – $3,222 | 4 |
| 3BR | $2,900 | +$75 (+2.7%) | −$1,097 (-27.5%) | $2,600 – $2,900 | 5 |
| 3BR | $2,600 | −$225 (-8.0%) | −$1,397 (-35.0%) | $2,600 – $2,600 | 1 |
| 4BR | $2,942 | −$208 (-6.6%) | — | $2,942 – $2,942 | 1 |
| 4BR | $2,942 | −$208 (-6.6%) | — | $2,942 – $2,942 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — July 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,585 | $2,498 | +$88 (+3.5%) |
| Studio | $2,625 | $2,498 | +$128 (+5.1%) |
| 1BR | $2,708 | $2,450 | +$258 (+10.5%) |
| 1BR | $2,850 | $2,450 | +$400 (+16.3%) |
| 2BR | $1,800 | $2,800 | −$1,000 (-35.7%) |
| 2BR | $3,125 | $2,800 | +$325 (+11.6%) |
| 3BR | $2,900 | $3,400 | −$500 (-14.7%) |
| 3BR | $2,600 | $3,400 | −$800 (-23.5%) |
| 4BR | $2,942 | $4,200 | −$1,258 (-30.0%) |
| 4BR | $2,942 | $4,200 | −$1,258 (-30.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in July 2023.