Monthly Rent Report
Coney Island Rent Report — January 2024
Asking rents in ZIP 11224, New York City, from 72 listings.
Median 1BR rent in Coney Island was $2,551 in January 2024, up 6.3% (+$151) from December 2023 and up 7.1% year-over-year. The middle half of 1BR listings asked between $1,874 and $3,183. That puts Coney Island $201 above the New York City citywide 1BR median of $2,350. The month's figures are based on 72 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,350 | +$105 (+4.7%) | +$492 (+26.5%) | $1,800 – $2,350 | 8 |
| Studio | $2,350 | +$105 (+4.7%) | +$492 (+26.5%) | $1,800 – $2,350 | 8 |
| 1BR | $2,551 | +$151 (+6.3%) | +$170 (+7.1%) | $1,874 – $3,183 | 8 |
| 1BR | $1,799 | −$601 (-25.0%) | −$582 (-24.4%) | $1,799 – $1,799 | 1 |
| 2BR | $2,750 | −$250 (-8.3%) | −$96 (-3.4%) | $2,580 – $2,885 | 17 |
| 2BR | $2,750 | −$250 (-8.3%) | −$96 (-3.4%) | $2,580 – $2,885 | 17 |
| 3BR | $5,000 | +$2,000 (+66.7%) | +$2,000 (+66.7%) | $4,850 – $5,875 | 10 |
| 3BR | $5,000 | +$2,000 (+66.7%) | +$2,000 (+66.7%) | $5,000 – $5,000 | 1 |
| 4BR | $3,750 | −$450 (-10.7%) | +$950 (+33.9%) | $3,750 – $3,750 | 1 |
| 4BR | $5,000 | +$800 (+19.0%) | +$2,200 (+78.6%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — January 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,350 | $2,338 | +$13 (+0.5%) |
| Studio | $2,350 | $2,338 | +$13 (+0.5%) |
| 1BR | $2,551 | $2,350 | +$201 (+8.6%) |
| 1BR | $1,799 | $2,350 | −$551 (-23.4%) |
| 2BR | $2,750 | $2,885 | −$135 (-4.7%) |
| 2BR | $2,750 | $2,885 | −$135 (-4.7%) |
| 3BR | $5,000 | $3,443 | +$1,557 (+45.2%) |
| 3BR | $5,000 | $3,443 | +$1,557 (+45.2%) |
| 4BR | $3,750 | $4,000 | −$250 (-6.3%) |
| 4BR | $5,000 | $4,000 | +$1,000 (+25.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in January 2024.