Monthly Rent Report
Coney Island Rent Report — April 2024
Asking rents in ZIP 11224, New York City, from 221 listings.
Median 1BR rent in Coney Island was $3,165 in April 2024, up 14.8% (+$408) from March 2024 and up 31.9% year-over-year. The middle half of 1BR listings asked between $3,085 and $3,210. That puts Coney Island $665 above the New York City citywide 1BR median of $2,500. The month's figures are based on 221 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,925 | −$341 (-15.0%) | −$367 (-16.0%) | $1,613 – $2,200 | 10 |
| Studio | $2,200 | −$66 (-2.9%) | −$92 (-4.0%) | $1,650 – $2,342 | 9 |
| 1BR | $3,165 | +$408 (+14.8%) | +$765 (+31.9%) | $3,085 – $3,210 | 99 |
| 1BR | $3,369 | +$612 (+22.2%) | +$969 (+40.4%) | $3,369 – $3,369 | 1 |
| 2BR | $3,506 | −$388 (-10.0%) | +$806 (+29.9%) | $3,506 – $3,506 | 1 |
| 2BR | $3,670 | −$224 (-5.8%) | +$970 (+35.9%) | $3,213 – $4,600 | 66 |
| 3BR | $3,900 | +$1,263 (+47.9%) | +$1,000 (+34.5%) | $3,750 – $3,900 | 3 |
| 3BR | $3,553 | +$916 (+34.7%) | +$653 (+22.5%) | $3,200 – $4,585 | 22 |
| 4BR | $2,000 | −$3,000 (-60.0%) | −$1,500 (-42.9%) | $2,000 – $2,000 | 1 |
| 4BR | $2,000 | −$3,000 (-60.0%) | −$1,500 (-42.9%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Coney Island vs. New York City — April 2024
| Bedrooms | Coney Island Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,925 | $2,491 | −$566 (-22.7%) |
| Studio | $2,200 | $2,491 | −$291 (-11.7%) |
| 1BR | $3,165 | $2,500 | +$665 (+26.6%) |
| 1BR | $3,369 | $2,500 | +$869 (+34.8%) |
| 2BR | $3,506 | $2,995 | +$511 (+17.1%) |
| 2BR | $3,670 | $2,995 | +$675 (+22.5%) |
| 3BR | $3,900 | $3,500 | +$400 (+11.4%) |
| 3BR | $3,553 | $3,500 | +$53 (+1.5%) |
| 4BR | $2,000 | $4,270 | −$2,270 (-53.2%) |
| 4BR | $2,000 | $4,270 | −$2,270 (-53.2%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in April 2024.