Monthly Rent Report

Coney Island Rent Report — November 2023

Asking rents in ZIP 11224, New York City, from 96 listings.

Median 1BR rent in Coney Island was $2,500 in November 2023, down 13.3% (−$385) from October 2023 and down 3.6% year-over-year. The middle half of 1BR listings asked between $2,375 and $3,240. That puts Coney Island $100 above the New York City citywide 1BR median of $2,400. The month's figures are based on 96 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,600−$850 (-34.7%)−$905 (-36.1%)$1,600 – $1,6006
Studio$1,600−$850 (-34.7%)−$905 (-36.1%)$1,600 – $1,6002
1BR$2,500−$385 (-13.3%)−$94 (-3.6%)$2,375 – $3,24013
1BR$2,500−$385 (-13.3%)−$94 (-3.6%)$2,375 – $3,24013
2BR$2,925+$425 (+17.0%)−$454 (-13.4%)$2,800 – $3,65028
2BR$2,800+$300 (+12.0%)−$579 (-17.1%)$2,800 – $2,8001
3BR$3,000+$250 (+9.1%)−$872 (-22.5%)$3,000 – $3,0001
3BR$3,690+$940 (+34.2%)−$182 (-4.7%)$3,200 – $3,81828
4BR$4,200+$700 (+20.0%)+$1,000 (+31.3%)$4,200 – $4,2002
4BR$4,200+$700 (+20.0%)+$1,000 (+31.3%)$4,200 – $4,2002

Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.

Coney Island vs. New York CityNovember 2023

BedroomsConey Island MedianNYC Citywide MedianDifference
Studio$1,600$2,395−$795 (-33.2%)
Studio$1,600$2,395−$795 (-33.2%)
1BR$2,500$2,400+$100 (+4.2%)
1BR$2,500$2,400+$100 (+4.2%)
2BR$2,925$2,798+$128 (+4.6%)
2BR$2,800$2,798+$3 (+0.1%)
3BR$3,000$3,300−$300 (-9.1%)
3BR$3,690$3,300+$390 (+11.8%)
4BR$4,200$4,199+$1 (+0.0%)
4BR$4,200$4,199+$1 (+0.0%)

Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in November 2023.

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