Monthly Rent Report
Coney Island Rent Report — September 2023
Asking rents in ZIP 11224, New York City, from 14 listings.
Median 1BR rent in Coney Island was $2,400 in September 2023, down 14.8% (−$418) from August 2023 and up 9.1% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,450. That puts Coney Island $100 below the New York City citywide 1BR median of $2,500. The month's figures are based on 14 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | −$50 (-2.0%) | +$488 (+24.3%) | $2,500 – $2,500 | 2 |
| 1BR | $2,400 | −$418 (-14.8%) | +$200 (+9.1%) | $2,350 – $2,450 | 2 |
| 2BR | $2,100 | −$400 (-16.0%) | −$2,339 (-52.7%) | $1,875 – $2,212 | 8 |
| 3BR | $3,500 | $0 (0.0%) | −$300 (-7.9%) | $3,500 – $3,500 | 1 |
| 3BR | $2,400 | −$1,100 (-31.4%) | −$1,400 (-36.8%) | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — September 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $2,400 | +$100 (+4.2%) |
| 1BR | $2,400 | $2,500 | −$100 (-4.0%) |
| 2BR | $2,100 | $3,000 | −$900 (-30.0%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 3BR | $2,400 | $3,500 | −$1,100 (-31.4%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in September 2023.