Monthly Rent Report
Coney Island Rent Report — October 2023
Asking rents in ZIP 11224, New York City, from 114 listings.
Median 1BR rent in Coney Island was $2,885 in October 2023, up 20.2% (+$485) from September 2023 and up 92.3% year-over-year. The middle half of 1BR listings asked between $2,693 and $2,885. That puts Coney Island $435 above the New York City citywide 1BR median of $2,450. The month's figures are based on 114 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,235 | −$265 (-10.6%) | −$180 (-7.5%) | $2,190 – $2,282 | 4 |
| Studio | $2,450 | −$50 (-2.0%) | +$35 (+1.4%) | $2,450 – $2,550 | 16 |
| 1BR | $2,885 | +$485 (+20.2%) | +$1,385 (+92.3%) | $2,693 – $2,885 | 3 |
| 1BR | $3,240 | +$840 (+35.0%) | +$1,740 (+116.0%) | $3,240 – $3,240 | 1 |
| 2BR | $2,500 | +$400 (+19.0%) | −$1,901 (-43.2%) | $2,500 – $3,500 | 17 |
| 2BR | $2,800 | +$700 (+33.3%) | −$1,601 (-36.4%) | $2,500 – $3,750 | 59 |
| 3BR | $2,750 | −$750 (-21.4%) | −$3,060 (-52.7%) | $2,750 – $2,750 | 1 |
| 3BR | $2,750 | −$750 (-21.4%) | −$3,060 (-52.7%) | $2,750 – $2,750 | 1 |
| 4BR | $3,500 | — | +$558 (+19.0%) | $2,942 – $4,200 | 7 |
| 4BR | $4,200 | — | +$1,258 (+42.8%) | $4,200 – $4,200 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — October 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,235 | $2,411 | −$176 (-7.3%) |
| Studio | $2,450 | $2,411 | +$40 (+1.6%) |
| 1BR | $2,885 | $2,450 | +$435 (+17.8%) |
| 1BR | $3,240 | $2,450 | +$790 (+32.2%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 3BR | $2,750 | $3,349 | −$599 (-17.9%) |
| 3BR | $2,750 | $3,349 | −$599 (-17.9%) |
| 4BR | $3,500 | $4,200 | −$700 (-16.7%) |
| 4BR | $4,200 | $4,200 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in October 2023.