Monthly Rent Report
Coney Island Rent Report — February 2024
Asking rents in ZIP 11224, New York City, from 82 listings.
Median 1BR rent in Coney Island was $3,103 in February 2024, up 21.6% (+$552) from January 2024 and down 2.2% year-over-year. The middle half of 1BR listings asked between $2,000 and $3,185. That puts Coney Island $653 above the New York City citywide 1BR median of $2,450. The month's figures are based on 82 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,350 | $0 (0.0%) | +$58 (+2.5%) | $1,975 – $2,665 | 7 |
| Studio | $2,350 | $0 (0.0%) | +$58 (+2.5%) | $2,350 – $2,350 | 1 |
| 1BR | $3,103 | +$552 (+21.6%) | −$69 (-2.2%) | $2,000 – $3,185 | 17 |
| 1BR | $3,300 | +$749 (+29.4%) | +$128 (+4.0%) | $3,300 – $3,300 | 1 |
| 2BR | $4,320 | +$1,570 (+57.1%) | +$1,670 (+63.0%) | $2,800 – $4,553 | 26 |
| 2BR | $2,800 | +$50 (+1.8%) | +$150 (+5.7%) | $2,800 – $4,600 | 5 |
| 3BR | $3,500 | −$1,500 (-30.0%) | +$800 (+29.6%) | $3,500 – $3,800 | 22 |
| 3BR | $3,500 | −$1,500 (-30.0%) | +$800 (+29.6%) | $3,500 – $3,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — February 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,350 | $2,359 | −$9 (-0.4%) |
| Studio | $2,350 | $2,359 | −$9 (-0.4%) |
| 1BR | $3,103 | $2,450 | +$653 (+26.7%) |
| 1BR | $3,300 | $2,450 | +$850 (+34.7%) |
| 2BR | $4,320 | $2,979 | +$1,341 (+45.0%) |
| 2BR | $2,800 | $2,979 | −$179 (-6.0%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
| 3BR | $3,500 | $3,500 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in February 2024.