Monthly Rent Report
Coney Island Rent Report — December 2023
Asking rents in ZIP 11224, New York City, from 92 listings.
Median 1BR rent in Coney Island was $2,400 in December 2023, down 4.0% (−$100) from November 2023 and up 4.3% year-over-year. The middle half of 1BR listings asked between $2,388 and $2,425. That puts Coney Island in line with the New York City citywide 1BR median of $2,400. The month's figures are based on 92 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$200 (+12.5%) | −$251 (-12.3%) | $1,763 – $1,800 | 4 |
| Studio | $2,245 | +$645 (+40.3%) | +$194 (+9.4%) | $1,850 – $2,259 | 19 |
| 1BR | $2,400 | −$100 (-4.0%) | +$100 (+4.3%) | $2,388 – $2,425 | 4 |
| 1BR | $2,500 | $0 (0.0%) | +$200 (+8.7%) | $2,400 – $3,436 | 24 |
| 2BR | $3,000 | +$75 (+2.6%) | −$1,401 (-31.8%) | $3,000 – $3,000 | 2 |
| 2BR | $3,000 | +$75 (+2.6%) | −$1,401 (-31.8%) | $3,000 – $3,000 | 2 |
| 3BR | $3,000 | $0 (0.0%) | −$1,000 (-25.0%) | $2,900 – $3,150 | 11 |
| 3BR | $3,050 | +$50 (+1.7%) | −$950 (-23.8%) | $2,975 – $3,413 | 20 |
| 4BR | $4,200 | $0 (0.0%) | +$851 (+25.4%) | $4,200 – $4,200 | 1 |
| 4BR | $4,200 | $0 (0.0%) | +$851 (+25.4%) | $3,600 – $4,200 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — December 2023
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $2,362 | −$562 (-23.8%) |
| Studio | $2,245 | $2,362 | −$117 (-4.9%) |
| 1BR | $2,400 | $2,400 | $0 (0.0%) |
| 1BR | $2,500 | $2,400 | +$100 (+4.2%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 3BR | $3,000 | $3,500 | −$500 (-14.3%) |
| 3BR | $3,050 | $3,500 | −$450 (-12.9%) |
| 4BR | $4,200 | $4,070 | +$130 (+3.2%) |
| 4BR | $4,200 | $4,070 | +$130 (+3.2%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in December 2023.