Monthly Rent Report
Coney Island Rent Report — March 2024
Asking rents in ZIP 11224, New York City, from 116 listings.
Median 1BR rent in Coney Island was $2,757 in March 2024, down 16.5% (−$543) from February 2024 and up 15.0% year-over-year. The middle half of 1BR listings asked between $2,757 and $2,757. That puts Coney Island $258 above the New York City citywide 1BR median of $2,499. The month's figures are based on 116 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,266 | −$84 (-3.6%) | −$225 (-9.1%) | $1,600 – $2,266 | 5 |
| Studio | $2,342 | −$8 (-0.3%) | −$149 (-6.0%) | $2,342 – $2,342 | 1 |
| 1BR | $2,757 | −$543 (-16.5%) | +$360 (+15.0%) | $2,757 – $2,757 | 1 |
| 1BR | $3,135 | −$165 (-5.0%) | +$738 (+30.8%) | $3,085 – $3,210 | 52 |
| 2BR | $4,204 | −$116 (-2.7%) | +$1,654 (+64.9%) | $3,946 – $4,463 | 2 |
| 2BR | $3,894 | −$426 (-9.9%) | +$1,344 (+52.7%) | $3,655 – $4,875 | 25 |
| 3BR | $2,638 | −$862 (-24.6%) | +$38 (+1.4%) | $2,575 – $4,192 | 12 |
| 3BR | $3,606 | +$106 (+3.0%) | +$1,006 (+38.7%) | $2,700 – $4,781 | 17 |
| 4BR | $5,000 | — | +$2,058 (+70.0%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — March 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,266 | $2,450 | −$184 (-7.5%) |
| Studio | $2,342 | $2,450 | −$108 (-4.4%) |
| 1BR | $2,757 | $2,499 | +$258 (+10.3%) |
| 1BR | $3,135 | $2,499 | +$636 (+25.5%) |
| 2BR | $4,204 | $2,995 | +$1,210 (+40.4%) |
| 2BR | $3,894 | $2,995 | +$900 (+30.0%) |
| 3BR | $2,638 | $3,500 | −$862 (-24.6%) |
| 3BR | $3,606 | $3,500 | +$106 (+3.0%) |
| 4BR | $5,000 | $4,250 | +$751 (+17.7%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2024.